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Property profile & analytics

12 Penns Trl Newtown, PA 18940

  • Office Properties & Spaces
  • 3,949 SF
  • 3.00 lot acres
For Sale
Last Sale
Apr 05, 2022
$925,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-5761913
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 12 Penns Trl

Year built
2004
Lot size
3.00 lot acres
Property size
3,949 SF
Zone code
LI
Property type
Office Properties & Spaces
APN
29-010-087-00A
APU
2901008700A

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $895,000
    ML approach
    $970,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,105,000
    6.5%
    $1,020,000
    7%
    $945,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,042,000
    Market price range: $736k - $1.21M
    AI Estimate
    $643,000
    Market price range: $244k - $966k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $990,000
    Current use
    MEDICAL BUILDING
    $975,000
    Change: -2% Conversion: Easy
    COMMERCIAL (GENERAL)
    $945,000
    Change: -5% Conversion: Easy
    AUTO REPAIR, GARAGE
    $920,000
    Change: -7% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Newtown
County
Bucks
State
Pennsylvania
Longitude
-74.9091
Latitude
40.2298
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
$13,656
$0.00
$76,840
$76,840
-
$0.00
$1,052,598
$1,052,598
More about this property
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