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Property profile & analytics
FOR LEASE
Office buildings

1950 Street Rd Bensalem, PA 19020

37,248 SF 1.36 ac lot Built 1969
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-0439614
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Summit Mortgage Corporation Loan Service Bank
  • Lotus Mortgage Corporation Loan Service Bank
  • Paren Dixit CPA Accounting Firm Tax Preparation
  • Hariani Hari M Atty Law Firm
  • Taj Rana M Law Firm
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
1950 Street Rd Acqusitions LLC · 1 yrs held
1950 Street Rd Acqusitions LLC
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
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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