Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1298 Veterans Hwy Bristol, PA 19007
    Back to Search
    Property profile & analytics

    1298 Veterans Hwy Bristol, PA 19007

    View on Map
    • Drive through restaurants
    • 2,630 SF
    • 2.00 lot acres
    For Lease
    View Listing →
    Pad Site For Ground Lease For Lease
    Contact for pricing

    Pad Site For Ground Lease

    0.93 AC pad site available for ground lease.

    1298 Veterans Hwy, Bristol, PA
    View Listing
    Property ID
    US73-4418268
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1298 Veterans Hwy

    Year built
    2014
    Lot size
    2.00 lot acres
    Property size
    2,630 SF
    Zone code
    R-2
    Property type
    Drive through restaurants
    APN
    05-027-116-004
    APU
    5027116004

    Description

    This exceptional 0.93-acre pad site presents a remarkable opportunity for retail development in the thriving Bristol, Bucks County, Pennsylvania market. The site is already rough-graded and utilities are stubbed, significantly reducing development time and costs. Its strategic location offers unparalleled visibility and accessibility. Situated approximately 900 feet from I-95 exit 39, the property benefits from convenient access via both northbound and southbound lanes, ensuring high traffic volume and exposure to a large customer base. The site's adjacency to the Bucks County Office Center, housing approximately 50 tenants from both the public and private sectors, and the Lower Bucks Campus of Bucks County Community College, guarantees a substantial and diverse pool of potential customers. This presents a unique chance to establish a business within a well-established and densely populated area. The property is available immediately for a ground lease, making it an attractive investment for businesses seeking a prime location with minimal upfront investment in land acquisition. The total lot size encompasses 0.93 acres, providing ample space for a variety of retail developments. This is a truly exceptional opportunity to capitalize on a high-traffic location in a rapidly growing area. Don't miss out on this chance to secure a prime retail pad site in Bucks County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.8782
    Latitude
    40.1108
    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
    $64,444
    $174,240
    $63,060
    $237,300
    -
    $2,386,839
    $863,832
    $3,250,671

    Comparable in this City

    • Value Estimation by Request
      570 SF

      2 Pond St

      DRIVE-THRU RESTAURANT, FAST FOOD • 570 SF
      2 Pond St, Bristol, PA 19007-4815
      View Details
    • Value Estimation by Request
      2,080 SF

      5007 Bristol Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,080 SF
      5007 Bristol Pike, Bristol, PA 19007-4003
      View Details
    • Value Estimation by Request
      798 SF

      800 Rte 13

      DRIVE-THRU RESTAURANT, FAST FOOD • 798 SF
      800 Rte 13, Bristol, PA 19007
      View Details
    • Value Estimation by Request
      2,502 SF

      2701 Durham Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,502 SF
      2701 Durham Rd, Bristol, PA 19007-1312
      View Details
    • Value Estimation by Request
      1,804 SF

      1159 Veterans Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,804 SF
      1159 Veterans Hwy, Bristol, PA 19007-2510
      View Details
    • Value Estimation by Request
      3,271 SF

      1175 Beaver St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,271 SF
      1175 Beaver St, Bristol, PA 19007-3247
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,000 SF

      Waterfront Retail Opportunity For Sale

      9,000 SF waterfront retail opportunity in Bristol Borough, Pennsylvania.
      100 Mill St, Bristol, PA 19007
      View Details
    • $1,100,000

      Established Tavern with Income Apartments

      Operating tavern with liquor license and two income-producing apartments.
      1400 Farragut Ave, Bristol, PA 19007
      View Details
    • $475,000

      Bristol Borough Sandwich Shop

      Fully equipped sandwich shop in historic Bristol Borough for sale.
      2 Pond St, Bristol, PA 19007
      View Details
    • $450,000
      0.15 Acres

      Garage Units in Bristol Borough

      Eight garage units for investors or personal use.
      Green St, Bristol, PA 19007
      View Details
    • $1,100,000
      0.09 Acres

      Historic Bristol Borough Commercial Property

      1906 commercial property in historic Bristol Borough, Pennsylvania.
      300 Pond St, Bristol, PA 19007
      View Details
    • $749,000

      Bristol Borough Commercial Property For Sale

      Two-building commercial property with retail, office, and garage space.
      400 Otter St, Bristol, PA 19007
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Pad Site For Lease

      Highly visible pad site available for lease.
      3020 Veterans Hwy, Bristol, PA 19007
      View Details
    • $3,000 /Mo

      Versatile Space in Bucks County Center

      Adaptable space suitable for office, retail, medical, or educational purposes.
      1200 Veterans Hwy, Bristol, PA 19007
      View Details
    • Contact for pricing

      Large Format Anchor Space Available

      Anchor space available for sublease near PA Turnpike and I-95.
      100 Commerce Cir, Bristol, PA 19007
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in High-Traffic Area

      Retail property with high visibility and accessibility.
      208-300 Commerce Cir, Bristol, PA 19007
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in High-Traffic Area

      Retail property with high visibility and accessibility.
      194-200 Commerce Cir, Bristol, PA 19007
      View Details
    • Contact for pricing

      Warehouse Space Near I-95

      101,250 SF warehouse space available for lease near I-95.
      150 Rittenhouse Cir, Bristol, PA 19007
      View Details
    View Listing
    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.
    1298 Veterans Hwy
    Bristol, PA 19007
    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

    Thank You for Inquiry
    1298 Veterans Hwy, Bristol, PA, 19007
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!