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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2207 Bristol Pike Bensalem, PA 19020-5720

    • Retail residential properties
    • 4,262 SF
    • 0.28 lot acres
    OFF-MARKET
    Last Sale
    Jan 05, 2024
    $940,000
    Value Estimations
    $940,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2603295
    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

    • Tomlinson Funeral Home, LLC / Social Service Agency

    Property Details for 2207 Bristol Pike

    Year built
    1925
    Lot size
    0.28 lot acres
    Property size
    4,262 SF
    Zone code
    C
    Property type
    Retail residential properties
    APN
    02-061-135
    APU
    2061135

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $940,000
      ML approach
      $940,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $960,000
      6.5%
      $885,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,090,000
      Market price range: $542k - $1.59M
      AI Estimate
      $572,000
      Market price range: $328k - $808k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,020,000
      Current use
      OFFICE BUILDING
      $1,055,000
      Change: +3% Conversion: Easy
      MEDICAL BUILDING
      $1,050,000
      Change: +3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $990,000
      Change: -3% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bensalem
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9507
    Latitude
    40.0771
    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
    $12,923
    $10,800
    $48,400
    $59,200
    -
    $147,945
    $663,011
    $810,956

    Comparable in this City

    • Value Estimation
      $800,000
      6,280 SF

      2214 St Rd

      STORES & APARTMENTS • 6,280 SF
      2214 St Rd, Bensalem, PA 19020-3501
      View Details
    • Value Estimation
      $615,000
      3,426 SF

      2189 State Rd

      STORES & APARTMENTS • 3,426 SF
      2189 State Rd, Bensalem, PA 19020-7258
      View Details
    • Value Estimation by Request
      0.20 Acres

      1193 Bristol Pike

      STORE/OFFICE (MIXED USE) • 0.20 Acres
      1193 Bristol Pike, Bensalem, PA 19020-6421
      View Details
    • Value Estimation by Request
      3,060 SF

      335 Wallace Ave

      STORES & APARTMENTS • 3,060 SF
      335 Wallace Ave, Bensalem, PA 19020-7325
      View Details
    • Value Estimation by Request
      1,580 SF

      2774 Knights Rd

      STORES & APARTMENTS • 1,580 SF
      2774 Knights Rd, Bensalem, PA 19020-3526
      View Details
    • Value Estimation by Request
      1,560 SF

      1000 Bristol Pike

      STORES & APARTMENTS • 1,560 SF
      1000 Bristol Pike, Andalusia, PA 19020-5603
      View Details

    Similar Nearby for Sale

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      5,610 SF

      Mixed-Use Investment Opportunity in Bensalem

      Two buildings on 0.40 acres with strong rental history.
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    • Contact for pricing
      2.25 Acres

      Street Road Plaza: Bensalem Retail Land

      2.25-acre retail land, prime Bensalem location.
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    • $3,200,000
      22,245 SF

      Bucks County Industrial Facility

      22,245 SF Manufacturing/Warehouse - Vacant
      1324 Adams Rd, Bensalem, PA 19020
      View Details
    • Contact for pricing
      39,300 SF

      Bensalem Industrial/Office/Garage Space Available

      Industrial, office, and garage space available in Bensalem, Pennsylvania.
      304 Camer Dr, Bensalem, PA 19020
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    • Contact for pricing

      Retail Property For Sale

      Retail property for sale in a densely populated area.
      3805 Neshaminy Blvd, Bensalem, PA 19020
      View Details
    • New
      $455,000
      1,350 SF

      Bensalem Multifamily Home with Apartment

      Charming home with rental income potential in Bensalem, Pennsylvania.
      1051 Maple Ave, Bensalem, PA 19020
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    Similar Nearby for Lease

    • Contact for pricing
      34,944 SF

      Bensalem Medical Office Building

      Prime Bucks County medical office space available
      1950 Street Rd, Bensalem, PA 19020
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      3,600 SF

      Bensalem Retail Space for Lease

      Prime Bucks County location, 3600 sq ft bank building
      2100 Street Rd, Bensalem, PA 19020
      View Details
    • Contact for pricing
      5,000 SF

      Bensalem Retail and Office Space

      Retail and office spaces available for lease in Bensalem, PA.
      1336 Bristol Pike, Bensalem, PA 19020
      View Details
    • Contact for pricing
      10,000 SF

      Restaurant Building Near Parx Casino

      Restaurant building for lease near major transportation routes and casino.
      2900 Street Rd, Bensalem, PA 19020
      View Details
    • Contact for pricing
      5,535 SF

      Freestanding Restaurant Building Available

      Second generation restaurant with high visibility and easy access.
      1369 Bristol Pike, Bensalem, PA 19020
      View Details
    • Contact for pricing
      174,240 SF

      Bensalem Commercial Land Opportunity

      Four-acre lot, General Commercial zoning.
      2555 Street Rd, Bensalem, PA 19020
      View Details
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    2207 Bristol Pike
    Bensalem, PA 19020-5720
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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