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    OFF-MARKET Estimated value $4,780,000
    Grocery and convenience stores

    260 St Rd, Warminster, PA 18974-3320

    20,440 SF 4.87 ac lot Built 2022
    Entity Owned 23-yr Hold Free & Clear
    Property ID
    US73-4020387
    Property summary
    AI-generated overview

    This exceptional 2,000 square foot free-standing office building is situated on a 0.29-acre lot at 260 W Street Road in Warminster, Pennsylvania. Boasting high visibility on a well-traveled road, this two-level property offers unparalleled convenience and exposure for a diverse range of businesses. The upper level features a welcoming reception area, three generously sized offices, a full bathroom, and a large conference room (easily adaptable as a fourth office). Built-in bookshelves enhance the functionality of these spaces. The lower level, accessible via two private entrances, includes a kitchenette, three additional offices, and a dedicated conference area ideal for meetings or collaborative work. Ample parking is provided with approximately twelve spaces, including a two-car garage. A convenient ramp connects the parking lot directly to the front entrance for easy accessibility. Previously utilized as a law office, this adaptable building is well-suited for various uses, including medical practices, retail businesses, daycare centers, financial services firms, restaurants, and more. The asking price is $450,000. This property presents a remarkable opportunity for businesses seeking a prominent location and a flexible layout to foster growth and success.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 2022
    Total area 20,440 SF
    Lot 4.87 ac (212,050 SF)
    Zoning code C
    APN 49-024-004
    UPID US73-4020387
    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
    • Brilliant & Neiman LLC Law Firm
    • ALDI Specialty Food Shop Supermarket
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $4.57M
    Comparable Approach Comparable
    $6.30M
    Blend (final) Blend
    $4.78M
    Owner & transaction history
    Newtown Street LP · 23 yrs held
    Newtown Street LP
    since 2002
    2 recorded transactions
    2002
    $800,000
    1998
    Zoning & alternative use
    C · Warminster, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $6.6M +63.8%
    Apartment house (5+ units) $5.6M +38.0%
    Medical building $5.0M +24.6%
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