2260 State Rd Bensalem, PA 19020-7280
- Warehouses
- 65,200 SF
- 5.06 lot acres
Current Use by Public Records
- ProCorr Display & Packaging / Manufacturer / Service Establishment
- ProCorr / Manufacturer
- Metalteck Inc / Kitchen Remodeler
Property Details for 2260 State Rd
- Year built
- 1970
- Lot size
- 5.06 lot acres
- Property size
- 65,200 SF
- Zone code
- M2
- Property type
- Warehouses
- APN
- 02-065-015-001
- APU
- 2065015001
Description
This exceptional two-story office building, located at 2260 State Road in Bensalem, Pennsylvania, offers 94,280 square feet of traditional office space. Built in 1944 and renovated in 1970, the property features a single, large suite currently configured for multiple tenants. The building sits on a sizable lot and provides ample parking with 75 spaces available. The zoning is R-55. Currently, there is 8,424 square feet of office space available for lease on the second floor. This space is highly adaptable
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,735,000
- 6.5%
- $6,500,000
- 7%
- $6,880,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,325,000
- Geo Method
- $6,055,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,805,000
- Retail
- $7,340,000
- Mixed-Use
- $6,200,000
- Hospitality
- $6,900,000
- Educational
- $5,720,000
- Residential Income
- $6,280,000
- Energy
- $5,985,000
- Income-Based Land
- $6,230,000
- Food Service
- $5,680,000
Location Insight
- Map
- Local Demand
- City
- Bensalem
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9447
- Latitude
- 40.0704
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA