Property profile

21 Swamp Rd Newtown, PA 18940

OFF-MARKET
Community centers
Property ID
US73-1637950
6,435 SF 1.5 ac lot Built 1983
Individually Owned 29-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

21 Swamp Rd Newtown, PA 18940-1524
Newtown metro Census 105203 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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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

1 recorded transaction
1969
Price N/A

Zoning & alternative use

CC · Newtown, PA
Top alternative use upside
Office building $1.6M +38.5%
Medical building $1.6M +36.3%
Commercial (general) $1.5M +32.1%

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
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