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Property profile & analytics
OFF-MARKET Estimated value $1,000,000
Community centers

21 Swamp Rd Newtown, PA 18940-1524

6,435 SF 1.5 ac lot Built 1983
Individually Owned 29-yr Hold ~ Est. High Equity
Property ID
US73-1637950
Property summary
AI-generated overview

This exceptional retail property, situated at 21 Swamp Road in the heart of Newtown, Pennsylvania, offers a fantastic opportunity for a discerning business owner. Boasting 1800 square feet of space, this property is ideally located at a traffic light intersection, ensuring high visibility and easy accessibility for customers. Currently configured as a banking institution, the space presents a versatile layout adaptable to a variety of retail uses. The property sits on a generous 1.5-acre lot, providing ample parking for both customers and employees. This is a significant advantage in a busy commercial area, ensuring convenience and attracting a larger customer base. The property's prime location within Newtown guarantees high foot traffic and exposure to a thriving community. The space will become available on February 1st, 2025, allowing ample time for planning and preparation. This is a rare opportunity to secure a prominent retail location in a desirable and established market. The property's size, location, and parking make it an exceptional investment for any business seeking to establish or expand its presence in Newtown. Interested parties are encouraged to inquire promptly to secure this outstanding retail space. The property is offered as-is.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Total area 6,435 SF
Lot 1.5 ac (65,494 SF)
Zoning code CC
APN 29-011-083
UPID US73-1637950
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.00M
Owner & transaction history
Vahakn Derassouyan
Vahakn Derassouyan
1 recorded transaction
1969
Price N/A
Zoning & alternative use
CC · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.6M +38.5%
Medical building $1.6M +36.3%
Commercial (general) $1.5M +32.1%
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