158 Pheasant Run Newtown, PA 18940

Property Details for 158 Pheasant Run

Lot size

1.91 lot acres

Zone code

LI

Property type

Industrial properties

APN

29-010-135

APU

29010135

Description

This exceptional 1.91-acre lot represents the last available development opportunity within the thriving Newtown Business Commons. Strategically located on a high-traffic, high-visibility corner, this parcel offers unparalleled potential for a variety of commercial ventures. The Newtown Business Commons has experienced significant growth, transforming from a primarily warehouse district into a vibrant mixed-use community. Now boasting a diverse mix of warehouse space, office buildings, a hotel, educational facilities, restaurants, and one of the nation's premier health clubs (The Newtown Athletic Club, situated directly across the street), this location benefits from exceptional existing infrastructure and a strong established clientele. The asking price reflects recent comparable sales of similarly sized parcels, which included demolition costs. This presents a unique chance to capitalize on the area's robust growth and create a significant commercial presence. The high traffic count and prominent corner location ensure maximum exposure and accessibility for any new development. This is a rare opportunity to acquire a prime development site in a highly sought-after location. The site's size and location within the established Newtown Business Commons make it ideal for a wide range of commercial projects, offering significant potential for return on investment. Don't miss this chance to secure the last remaining lot in this dynamic business park. The property is priced to reflect recent comparable sales, including demolition costs.

Location Insight

City

Newtown

County

Bucks

State

Pennsylvania

Longitude

-74.9094

Latitude

40.2248

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments