Technical
Financial
Distress signals
Property profile

1950 Street Rd Bensalem, PA 19020

FOR LEASE
Office buildings
Property ID
US73-0439614
37,248 SF 1.36 ac lot Built 1969
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This four-story, 34,944 square foot medical office building in Bensalem, PA, offers multiple suites ranging from 431 to 7,888 contiguous square feet. Located on 1.35 acres at 1950 Street Road, the property boasts 90+ surface parking spaces (2.5/1000 ratio) and is conveniently situated in the Lower Bucks County submarket, zoned GC - General Commercial District. Currently, 15,278 square feet are vacant, providing significant opportunity for immediate occupancy. The building features an elevator and is easily accessible from major roadways, including I-95 and the Pennsylvania Turnpike, as well as public transportation. Its location within a dense commercial corridor offers tenants and visitors access to a variety of shops and restaurants. The property's APN is 02-039-190. This is an excellent opportunity for medical practices or other professional businesses seeking a high-visibility location with ample parking and convenient access to major transportation routes. The minimum divisible space is 431 square feet. This free-standing building presents a distinguished appearance and is ideal for businesses seeking a prominent presence in a thriving commercial area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1969
Total area 37,248 SF
Lot 1.36 ac (59,024 SF)
Zoning code C
APN 02-039-190
UPID US73-0439614

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Loan Service Bank
  • Accounting Firm Tax Preparation
  • Law Firm
  • Law Firm

Location

1950 Street Rd Bensalem, PA 19020
Bensalem metro Census 100208 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$2.71M

Owner & transaction history

since 2024
Last sale
$2.9M
5 recorded transactions
2024
$2.9M
2017
$3.3M
2009
Price N/A
2001
$2.4M
1969
Price N/A

Zoning & alternative use

C · Bensalem, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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