100 Commerce Cir, Bristol, PA 19007
- Outlet malls
- 23,000 SF
- 12.17 lot acres
Current Use by Public Records
- Outlet malls
Property Details for 100 Commerce Cir
- Year built
- 1992
- Lot size
- 12.17 lot acres
- Zone code
- VC
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 04-003-002
- APU
- 4003002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 24, 2003 | — | Krt Property Holdings LLC | — | Deed Of Trust · related | $14.8M · Metropolitan Life Insurance |
Description
Bristol Park, located at 100 Commerce Cir, Bristol, PA 19007, presents a remarkable opportunity for businesses seeking a large-format space. This single-tenant property boasts a total of 118,389 square feet of flexible, distribution-ready space, currently entirely vacant and ready for immediate occupancy. The property is zoned HC-1 and offers a variety of potential uses, including retail, industrial, showroom, or a combination thereof. Its strategic location provides excellent access to major transportation arteries, with close proximity to the Pennsylvania Turnpike and I-95 interchange, ensuring seamless logistics and convenient commutes for employees and customers. The property is situated in a thriving commercial area, sharing its location with established businesses such as Ollie's Bargain Outlet, Planet Fitness, and Dollar Tree, indicating a strong and active retail environment. The building's size allows for significant customization and flexibility in layout, with demissing options available to accommodate specific business needs. This presents a unique chance to establish a prominent presence in a high-traffic location with excellent visibility and accessibility. The substantial square footage makes it ideal for a wide range of businesses requiring ample space for operations, storage, or retail display. Interested parties are encouraged to inquire about the available space and explore the possibilities this exceptional property offers.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,565,000
- 6.5%
- $5,135,000
- 7%
- $4,770,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,089,000
- AI Estimate
- $3,935,000
Market price range: $2.51M - $7.09MMarket price range: $1.23M - $3.94M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $4,555,000 Current use
- RESTAURANT
- $7,460,000 Change: +64% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $6,285,000 Change: +38% Conversion: Difficult
- MEDICAL BUILDING
- $5,675,000 Change: +25% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,345,000 Change: +17% Conversion: Difficult
- OFFICE BUILDING
- $4,765,000 Change: +5% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $4,165,000 Change: -9% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.8725
- Latitude
- 40.1003
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
