Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11 Penns Trl Ste, Unit 300 Newtown, PA 18940-4800

    • Office Properties & Spaces
    • 10,086 SF
    OFF-MARKET
    Value Estimations
    $1,405,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4299347
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 11 Penns Trl Ste

    Year built
    1969
    Property size
    10,086 SF
    Zone code
    LI
    Property type
    Office Properties & Spaces
    APN
    29-010-097-300
    APU
    29010097300

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,879,000
      Market price range: $1.88M - $3.10M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Newtown
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9103
    Latitude
    40.2291
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,469
    $0.00
    $87,040
    $87,040
    -
    $0.00
    $1,192,324
    $1,192,324

    Comparable in this City

    • Value Estimation
      $1,180,000
      6,983 SF

      170 Pheasant Run Ste, Unit 101

      CONDOMINIUM OFFICES • 6,983 SF
      170 Pheasant Run Ste, Newtown, PA 18940-1877
      View Details
    • Value Estimation
      $825,000
      4,777 SF

      170 Pheasant Run Ste, Unit 102

      CONDOMINIUM OFFICES • 4,777 SF
      170 Pheasant Run Ste, Newtown, PA 18940-1877
      View Details
    • Value Estimation by Request
      81,931 SF

      828 Newtown Yardley Rd

      Medical offices • 81,931 SF
      828 Newtown Yardley Rd, Newtown, PA 18940
      View Details
    • Value Estimation
      $1,490,000
      6,525 SF

      12 Penns Trld

      CONDOMINIUM OFFICES • 6,525 SF
      12 Penns Trld, Newtown, PA 18940-1892
      View Details
    • Value Estimation
      $500,000
      2,500 SF

      54 Friends Ln Ste, Unit 110

      CONDOMINIUM OFFICES • 2,500 SF
      54 Friends Ln Ste, Newtown, PA 18940-3403
      View Details
    • Value Estimation by Request
      2,544 SF

      760 Newtown Yardley Rd Ste, Unit 112

      CONDOMINIUM OFFICES • 2,544 SF
      760 Newtown Yardley Rd Ste, Newtown, PA 18940-4500
      View Details

    Similar Nearby for Sale

    • $1,450,000
      7,884 SF

      Newtown Office Condo - Prime Location

      7,884 SF Office Suites, Investment Opportunity
      790 Newtown Yardley Rd, Newtown, PA 18940
      View Details
    • Contact for pricing

      Newtown Office Suite - Ready to Lease

      Prime Newtown office space, elevator access.
      115 Pheasant Run Unit, Newtown, PA 18940
      View Details
    • Contact for pricing
      2.50 Acres

      Newtown Office Suites: Prime Location

      Flexible office space, 2.5 acres.
      12 Penns Trl, Newtown, PA 18940
      View Details
    • $525,000

      Newtown Office Condo For Sale

      Prime Newtown Office Space - Lease or Buy
      780 Newtown Yardley Rd, Newtown, PA 18940
      View Details
    • $1,100,000
      3,613 SF

      Prime Newtown Office Space Investment

      High-return office space in desirable Newtown.
      28 State St, Newtown, PA 18940
      View Details
    • Contact for pricing
      0.56 Acres

      Newtown Office Space - Sycamore St

      Historic charm, prime location, ample parking.
      223 Sycamore St, Newtown, PA 18940
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,308 SF

      Finished Flex Space Available

      7,300± SF flex space with private offices and open area.
      11 Penns Trl, Newtown, PA 18940
      View Details
    • $25 SF/Yr
      13,000 SF

      Office Building with Expansion Potential

      26,000 SF office space, expand to 59,000 SF.
      10 Friends Ln, Newtown, PA 18940
      View Details
    • Contact for pricing
      100 SF

      Office Space Near Newtown Bypass

      Office space for rent, convenient location near major roadways.
      12 Penns Trl, Newtown, PA 18940
      View Details
    • $22 SF/Yr
      15,671 SF

      41 University Dr

      Office space • 15,671 SF
      41 University Dr, Newtown, PA 18940
      View Details
    • $22 SF/Yr

      Office Space in Newtown Commons

      Office space available for lease in Newtown Business Commons.
      115 Pheasant Run, Newtown, PA 18940
      View Details
    • $22 SF/Yr

      Newtown Office/Medical Space For Lease

      Professional/Medical office space available in Newtown Business Commons.
      115 Pheasant Run Unit, Newtown, PA 18940
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11 Penns Trl Ste, Unit 300
    Newtown, PA 18940-4800
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.