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    1542 Bristol Pike Bensalem, PA 19020

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    1542 Bristol Pike Bensalem, PA 19020

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    • Retail space
    • 6,550 SF
    • 0.35 lot acres
    For Sale
    View Listing →
    Bensalem Office Space Available For Sale
    Contact for pricing

    Bensalem Office Space Available

    Prime Bensalem location, office space for lease.

    1542 Bristol Pike, Bensalem, PA 19020
    View Listing
    Property ID
    US73-0440018
    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

    • Grisafi Music Institute (GMI) / Vocational School / Training Center
    • Cardtronics ATM / Atm
    • B&B Bagel House / (Bike/Boat/Book/etc) Store / Bakery
    • Lotus Beauty Salon & Spa / Hair Salon / Nail Salon
    • B&B Bagel House--Opening Soon / (Bike/Boat/Book/etc) Store / Bakery

    Property Details for 1542 Bristol Pike

    Year built
    1982
    Lot size
    0.35 lot acres
    Property size
    6,550 SF
    Zone code
    M1
    Property type
    Retail space
    APN
    02-030-012
    APU
    2030012

    Description

    This exceptional office space is situated at 1542 Bristol Pike in Bensalem, Pennsylvania. While the exact square footage is currently unavailable, this property presents a unique opportunity for businesses seeking a strategic location in a thriving area. The property is conveniently located on Bristol Pike, offering excellent visibility and accessibility. The lot size is zero acres, indicating a building likely situated on a smaller footprint, ideal for a smaller business or a satellite office. The asking price is currently undisclosed, and interested parties are encouraged to inquire for further details. This property is perfect for a variety of office uses, and its location provides easy access to major roadways, making commuting and client visits convenient. The absence of specific square footage details necessitates a site visit to fully assess the space's suitability. Potential tenants are encouraged to schedule a viewing to determine if this property meets their specific needs and requirements. Further information regarding lease terms and conditions will be provided upon request. Don't miss this chance to secure a prime office space in a desirable Bensalem location. Contact us today to learn more and schedule a showing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,055,000
      Market price range: $801k - $1.74M
      AI Estimate
      $839,000
      Market price range: $422k - $1.53M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,190,000
      Current use
      AUTO REPAIR, GARAGE
      $1,520,000
      Change: +28% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,185,000
      Change: -0% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Bensalem
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9609
    Latitude
    40.0745
    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
    $14,408
    $20,840
    $45,160
    $66,000
    -
    $285,478
    $618,627
    $904,105

    Comparable in this City

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      40,800 SF

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      View Details
    • Value Estimation
      $1,020,000
      8,368 SF

      Public Safety Way

      RETAIL STORES (PERSONAL SERVICES) • 8,368 SF
      Public Safety Way, Bensalem, PA 19020
      View Details
    • Value Estimation by Request
      770 SF

      940 Biddle Ln

      RETAIL STORES (PERSONAL SERVICES) • 770 SF
      940 Biddle Ln, Bensalem, PA 19020-6452
      View Details
    • Value Estimation
      $1,200,000
      10,789 SF

      3977 Bristol Pike

      RETAIL STORES (PERSONAL SERVICES) • 10,789 SF
      3977 Bristol Pike, Bensalem, PA 19020-5924
      View Details
    • Value Estimation
      $695,000
      5,458 SF

      2438 Pasqualone Blvd

      RETAIL STORES (PERSONAL SERVICES) • 5,458 SF
      2438 Pasqualone Blvd, Bensalem, PA 19020-2252
      View Details
    • Value Estimation
      $1,410,000
      6,031 SF

      3600 St Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,031 SF
      3600 St Rd, Bensalem, PA 19020-1841
      View Details

    Similar Nearby for Sale

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      Retail Property For Sale

      Retail property for sale in a densely populated area.
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      Retail Space Near PA Turnpike

      Retail property for sale, close to the PA Turnpike.
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      Retail Space with Shared Parking

      Retail space available with shared parking in Bensalem, PA.
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      1.27 Acres

      Bensalem Retail Space - I-95 Access

      High-traffic retail space, immediate lease.
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      9,000 SF

      Waterfront Restaurant and Inn Opportunity

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      Retail space available near major retailers and transportation routes.
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    Similar Nearby for Lease

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      5,000 SF

      Bensalem Retail and Office Space

      Retail and office spaces available for lease in Bensalem, PA.
      1336 Bristol Pike, Bensalem, PA 19020
      View Details
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      9,900 SF

      Retail Space Available For Rent

      9,900 square foot retail space available for rent.
      2506 Knights Rd, Bensalem, PA 19020
      View Details
    • $1,675 /Mo

      Street Road Retail Storefront Opportunity

      High-visibility retail space with flexible layout and ample parking.
      3540 Street Rd, Bensalem, PA 19020
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail property for lease, ranging from 1,200 to 4,400 SF.
      2363 Pasqualone Blvd, Bensalem, PA 19020
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      10,000 SF

      Restaurant Building Near Parx Casino

      Restaurant building for lease near major transportation routes and casino.
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      Retail Space in Densely Populated Area

      Retail space for rent in a densely populated area.
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    View Listing
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    Bensalem, PA 19020
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    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.

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    1542 Bristol Pike, Bensalem, PA, 19020

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