Property profile

12 Penns Trl Ste A Newtown, PA 18940

OFF-MARKET
Office Spaces
Property ID
US73-5761913
3,949 SF 3 ac lot Built 2004
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Platinum Suites of Newtown offers a premier office solution on a spacious 2.5-acre lot at 12 Penns Trail. This exceptional property provides a range of options to suit diverse business needs, from dedicated private office suites to collaborative coworking spaces. The building boasts state-of-the-art technology in its conference and meeting rooms, furnished to a high standard for optimal productivity and professional presentations. Beyond traditional office space, Platinum Suites also offers virtual office services, providing a prestigious business address and phone number for clients who prefer a flexible or remote work arrangement. Convenience is key, with readily available coffee, tea, and flavored water stations throughout the building. This comprehensive approach to office space ensures a comfortable and productive work environment. The property is ideally situated in Newtown, PA, offering easy access to major transportation routes and local amenities. The size of the building is not specified, but the expansive 2.5-acre lot provides ample parking and potential for future expansion. This is an unparalleled opportunity to secure a highly functional and prestigious office space in a desirable location. Inquire today to learn more about leasing options and availability.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2004
Total area 3,949 SF
Lot 3 ac (130,680 SF)
Zoning code LI
APN 29-010-087-00A
UPID US73-5761913

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • Law Firm
  • Financial Advisor
  • Law Firm
  • Marketing & Advertising (Bike/Boat/Book/etc) Store

Location

12 Penns Trl Ste A Newtown, PA 18940-1892
Newtown metro Census 105202 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$970k
CAP Approach CAP
$1.02M
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$895k

Owner & transaction history

since 2022
Last sale
$925,000
4 recorded transactions
2022
$925,000
2015
$610,000
2004
$621,150
1969
Price N/A

Zoning & alternative use

LI · Newtown, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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