Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

1851 St Rd Warrington, PA 18976

  • Warehouses
  • 2,280 SF
  • 0.56 lot acres
OFF-MARKET
Last Sale
Sep 28, 2020
Value Estimations
$350,000
Show details
Cap Rate Potential
8.5%
Warehouses
Location Intelligence
Property ID
US73-1452524
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

  • Warehouses

Property Details for 1851 St Rd

Year built
1970
Lot size
0.56 lot acres
Property size
2,280 SF
Zone code
R2
Property type
Warehouses
APN
50-035-001
APU
50035001

Description

This 2,195 square foot warehouse, situated on a 0.562-acre lot in Warrington, Pennsylvania (APN 50-035-001), presents a compelling investment opportunity. The single-story masonry building features one loading dock and approximately 6+ parking spaces, plus additional space in a vacant lot. The interior measures roughly 57' x 38.5', and includes attic storage. The property is conveniently located at 1851 Street Road, offering easy access to Route 132 and Neshaminy Avenue, with quick access to the Pennsylvania Turnpike. The building benefits from oil-fired hot air heating and A/C window units. Currently zoned R2- Medium Density-Non Conforming, this property has been successfully used as an industrial space since the 1970s. The asking price is $495,000, translating to $225.51 per square foot. This property is available immediately and offers excellent regional access, along with proximity to shopping and restaurants. This is a rare opportunity to acquire a well-located industrial property in a thriving area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $275,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $390,000
    6.5%
    $360,000
    7%
    $335,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $399,000
    Market price range: $184k - $399k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $265,000
    Current use
    RETAIL STORES
    $450,000
    Change: +70% Conversion: Moderate
    NEIGHBORHOOD: SHOPPING CENTER
    $415,000
    Change: +56% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Warrington
County
Bucks
State
Pennsylvania
Longitude
-75.1323
Latitude
40.2261
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
$6,350
$7,520
$26,880
$34,400
-
$103,013
$368,218
$471,231
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