1200 Veterans Hwy Bristol, PA 19007-2525
- Office buildings
- 208,211 SF
- 21.20 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1200 Veterans Hwy
- Year built
- 1960
- Lot size
- 21.20 lot acres
- Property size
- 208,211 SF
- Zone code
- R-2
- Property type
- Office buildings
- APN
- 05-027-116
- APU
- 5027116
Description
This exceptional 3,325-square-foot office space, located at 1200 Veterans Highway, Suite F-3, in Bristol, Pennsylvania (zip code 19007), presents a unique opportunity. Situated on a sprawling 23-acre lot, this single-tenant space is part of a larger 208,000-square-foot building, offering ample room for expansion or flexibility. The property boasts a convenient location just off I-95, next to Bucks County Community College, ensuring high visibility and accessibility with over 30,000 vehicles passing daily. Built in 1960, the building features a 14-foot ceiling height and unlimited parking. The property is zoned R2 Commercial and offers a variety of permitted uses, including medical, traditional, executive, and creative office spaces, as well as retail, consulting, and other service-oriented businesses. Additional amenities include a large private courtyard, wide hallways, an on-site daycare and fitness center, and 18,000 square feet of basement storage available at reduced rates. A future outbuilding with overhead doors and an auto bay is also planned. The property is classified as Class B, is a single-story building, and includes an elevator. Currently, 22,000 square feet of space is vacant within the larger building. Ground lease or build-to-suit options are also available. This property offers a compelling combination of location, size, and amenities, making it an ideal choice for a variety of businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $12,880,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,210,000
- 6.5%
- $11,220,000
- 7%
- $11,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $12,140,000
- Geo Method
- $12,310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $13,105,000
- Retail
- $12,240,000
- Mixed-Use
- $12,370,000
- Hospitality
- $12,685,000
- Educational
- $12,680,000
- Residential Income
- $11,945,000
- Energy
- $14,410,000
- Income-Based Land
- $11,175,000
- Food Service
- $12,165,000
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.8766
- Latitude
- 40.1099
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
