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Property profile & analytics

17 Blacksmith Rd Newtown, PA 18940-2065

  • Office buildings
  • 25,952 SF
  • 2.61 lot acres
OFF-MARKET
Value Estimation
$5,585,000
Last Sale
Jan 10, 2023
$5,300,000
Location Intelligence
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.

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 Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,570,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,585,000
    6.5%
    $5,870,000
    7%
    $5,420,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,685,000
    Geo Method
    $5,550,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,275,000
    Retail
    $6,190,000
    Mixed-Use
    $5,440,000
    Hospitality
    $5,775,000
    Educational
    $6,365,000
    Residential Income
    $5,550,000
    Energy
    $5,310,000
    Income-Based Land
    $5,810,000
    Food Service
    $4,865,000

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
More about this property
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