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

    2664 Bristol Pike Bristol, PA 19007

    • Office buildings
    • 7,020 SF
    • 0.71 lot acres
    OFF-MARKET
    Last Sale
    Mar 01, 2021
    $775,000
    Value Estimations
    $965,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0990115
    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

    • Office buildings

    Property Details for 2664 Bristol Pike

    Year built
    1955
    Lot size
    0.71 lot acres
    Property size
    7,020 SF
    Zone code
    M2
    Property type
    Office buildings
    APN
    05-058-153
    APU
    5058153

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $890,000
      ML approach
      $885,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,199,000
      Market price range: $364k - $1.59M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,455,000
      Current use
      RETAIL STORES
      $1,390,000
      Change: -4% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,270,000
      Change: -13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.8702
    Latitude
    40.0993
    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
    $22,616
    $34,120
    $49,160
    $83,280
    -
    $467,395
    $673,422
    $1,140,817

    Comparable in this City

    • Value Estimation
      $310,000
      2,628 SF

      900 Old Orch Ln

      OFFICE BUILDING • 2,628 SF
      900 Old Orch Ln, Bristol, PA 19007-6414
      View Details
    • Value Estimation by Request
      14,184 SF

      Prospect St

      OFFICE BUILDING • 14,184 SF
      Prospect St, Bristol, PA 19007
      View Details
    • Value Estimation
      $265,000
      4,826 SF

      381 Main St

      OFFICE BUILDING • 4,826 SF
      381 Main St, Tullytown, PA 19007-6216
      View Details
    • Value Estimation by Request
      3,600 SF

      501 Bath St

      OFFICE BUILDING • 3,600 SF
      501 Bath St, Bristol, PA 19007-3603
      View Details
    • Value Estimation by Request
      6,900 SF

      1776 Farragut Ave

      OFFICE BUILDING • 6,900 SF
      1776 Farragut Ave, Bristol, PA 19007-5604
      View Details
    • Value Estimation
      $360,000
      7,656 SF

      120 Ml St

      PROFESSIONAL BUILDING (MULTI-STORY) • 7,656 SF
      120 Ml St, Bristol, PA 19007-4807
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      106,884 SF

      Versatile Office/Flex Space Available

      Two-story office/flex space with easy access to major transportation routes.
      310 George Patterson Blvd, Bristol, PA 19007
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    • $355,000
      2,430 SF

      Office Condo in Historic Bristol

      Spacious office condo with conference room in Bristol Borough.
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    • $1,100,000
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      Historic Bristol Borough Commercial Property

      1906 commercial property in historic Bristol Borough, Pennsylvania.
      300 Pond St, Bristol, PA 19007
      View Details
    • Contact for pricing
      2,069 SF

      Turnkey Auto Repair Facility

      Former auto repair facility with 4-bay garage and equipment.
      555 Us Highway 13, Bristol, PA 19007
      View Details
    • $1,100,000

      Established Tavern with Income Apartments

      Operating tavern with liquor license and two income-producing apartments.
      1400 Farragut Ave, Bristol, PA 19007
      View Details
    • Contact for pricing
      118,389 SF

      Available Big Box Retail Space

      Sublease opportunity: 118,389 SF retail space near I-95.
      100 Commerce Dr, Bristol, PA 19007
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      9,148 SF

      Professional Office Building For Lease

      High-exposure office building with parking, suitable for various businesses.
      1303 Veterans Hwy, Bristol, PA 19007
      View Details
    • $3,000 /Mo

      Versatile Space in Bucks County Center

      Adaptable space suitable for office, retail, medical, or educational purposes.
      1200 Veterans Hwy, Bristol, PA 19007
      View Details
    • $15,000 /Mo

      Bucks County Office Center Space

      Versatile office space in Bucks County with convenient highway access.
      1200 Veterans Hwy #G, Bristol, PA 19007
      View Details
    • $1,500 /Mo

      Bucks County Office Space Available

      Office space in Bristol, PA, suitable for general or medical use.
      1200 Veterans Hwy, Bristol, PA 19007
      View Details
    • $11 SF/Yr
      208,500 SF

      Bucks County Office Center

      Bristol, PA Office Space Available
      1200 Veterans Hwy, Bristol, PA 19007
      View Details
    • $1,500 /Mo

      Commercial Office Suite in Bristol

      Commercial office suite in historic Bristol Borough available for rent.
      2 Canals End Rd, Bristol, PA 19007
      View Details
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    2664 Bristol Pike
    Bristol, PA 19007
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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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