17 Blacksmith Rd Newtown, PA 18940-2065
Property profile & analytics
17 Blacksmith Rd Newtown, PA 18940-2065
- Office buildings
- 25,952 SF
- 2.61 lot acres
Property ID
US73-0024226
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 17 Blacksmith Rd
- Year built
- 2006
- Lot size
- 2.61 lot acres
- Property size
- 25,952 SF
- Zone code
- LI
- Property type
- Office buildings
- APN
- 29-010-161
- APU
- 29010161
Description
This exceptional opportunity presents four of fourteen available office suites situated on the second floor of a two-story office building in Newtown, PA. The building features convenient elevator access and ample parking for tenants. Each of the available suites ranges from 110 to 149 square feet and is attractively priced at $500 to $600 per month. This inclusive rental rate encompasses all utilities, eliminating unexpected expenses. Tenants enjoy access to a shared break room, a fully equipped coffee bar, a dedicated conference room, and a shared mail/copy room. Furthermore, the building offers inviting common areas complete with comfortable workstations and sofas, fostering a collaborative and productive environment. The individual office spaces are furnished with a desk, chairs, and a bookcase, providing a ready-to-occupy workspace. The property is ideally located with easy access to major roadways, including Interstates 95 and 295, ensuring convenient commuting for employees and clients. The 2.61-acre lot provides ample parking and a pleasant setting for this professional office environment. This is an excellent opportunity for small businesses or individual professionals seeking a well-appointed and cost-effective office solution in a prime Newtown location. Contact us today to schedule a viewing and secure your ideal workspace.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,570,000
- ML approach
- $5,535,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,255,000
- 6.5%
- $6,695,000
- 7%
- $6,215,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,273,000
- AI Estimate
- $3,871,000
Market price range: $4.84M - $7.98MMarket price range: $1.61M - $6.35M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,510,000 Current use
- RESTAURANT
- $8,420,000 Change: +29% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $7,090,000 Change: +9% Conversion: Easy
- MEDICAL BUILDING
- $6,405,000 Change: -2% Conversion: Easy
- COMMERCIAL (GENERAL)
- $6,210,000 Change: -5% Conversion: Easy
- AUTO REPAIR, GARAGE
- $6,030,000 Change: -7% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newtown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9155
- Latitude
- 40.222
- 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
$82,186
$48,670
$413,770
$462,440
-
$666,709
$5,668,058
$6,334,767
