158 Pheasant Run, Newtown, PA 18940-1821
- Industrial properties
- 1.91 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 158 Pheasant Run
- Lot size
- 1.91 lot acres
- Zone code
- LI
- Property type
- Industrial properties
- APN
- 29-010-135
- APU
- 29010135
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 8, 2019 | — | Newtown Racquetball Assocs LLC | — | Grant Deed · related | $1.2M · Sterling Nat'l Bk |
| Oct 26, 2017 | — | Newtown Racquetball Associates | — | Loan Modification · related | $5.4M · Fulton Bk/nj |
| May 29, 2015 | — | Newtown Racquetball Associates | — | Grant Deed · related | $24.1M · Fulton Bk/nj |
| Dec 10, 2012 | — | Newtown Racquetball Associates | Worthington,samuel J | Grant Deed | — |
| Sep 11, 2012 | $700,000 | Samuel J Worthington | Doyle,richard K | Grant Deed | — |
| Jan 5, 2005 | $335,000 | Richard K Doyle | Pkf-mark III INC | Grant Deed | — |
| Oct 6, 2003 | — | Pkf-mark III INC | Pkf-mark III INC | Quit Claim Deed · related | — |
| — | — | Newtown Racquetball Assocs LLC | — | Loan Modification · related | $7M · Sterling Nat'l Bk |
| — | — | Newtown Racquetball Assocs LLC | — | Deed Of Trust · related | $4M · Sterling Nat'l Bk |
Description
This exceptional 1.91-acre lot represents the last available development opportunity within the thriving Newtown Business Commons. Strategically located on a high-traffic, high-visibility corner, this parcel offers unparalleled potential for a variety of commercial ventures. The Newtown Business Commons has experienced significant growth, transforming from a primarily warehouse district into a vibrant mixed-use community. Now boasting a diverse mix of warehouse space, office buildings, a hotel, educational facilities, restaurants, and one of the nation's premier health clubs (The Newtown Athletic Club, situated directly across the street), this location benefits from exceptional existing infrastructure and a strong established clientele. The asking price reflects recent comparable sales of similarly sized parcels, which included demolition costs. This presents a unique chance to capitalize on the area's robust growth and create a significant commercial presence. The high traffic count and prominent corner location ensure maximum exposure and accessibility for any new development. This is a rare opportunity to acquire a prime development site in a highly sought-after location. The site's size and location within the established Newtown Business Commons make it ideal for a wide range of commercial projects, offering significant potential for return on investment. Don't miss this chance to secure the last remaining lot in this dynamic business park. The property is priced to reflect recent comparable sales, including demolition costs.
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Location Insight
- Map
- Local Demand
- City
- Newtown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9094
- Latitude
- 40.2248
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
