Property profile

3 Friends Ln Newtown, PA 18940

FOR SALE
Office buildings
Property ID
US73-1951393
19,464 SF 3.01 ac lot Built 1988
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A office building, constructed in 1988 and renovated in 2017, offers 3,850 square feet of immediately available space on the first floor of a larger 19,464 square foot building situated on a 3.02-acre lot in Newtown, Pennsylvania. The building features a steel frame with abundant natural light from its glass exterior. The available space boasts a versatile layout including a reception area, large open workspace, multiple conference rooms, private offices, and a kitchenette. The property is located at the highly visible intersection of Friends Lane and Newtown Yardley Road, offering excellent visibility and accessibility. This location provides convenient access to major roadways, including proximity to PA-332 (0.6 miles), I-295/95 (1.8 miles), and the Scudder Falls Bridge (4.2 miles), facilitating easy commutes to Philadelphia, Central and Southern New Jersey, and New York. The building is fully sprinklered, elevator-served, and provides ample parking with a 5:1000 ratio, totaling 100 spaces. The property is zoned OL-I Office Light Industrial District and is situated near numerous retailers, hotels, restaurants, and cultural attractions, making it an ideal location for businesses seeking a blend of convenience and prestige. The building's address is 3 Friends Lane, Newtown, PA 18940, in the Lower Bucks County submarket. The total building has multiple tenants, with 4,238 square feet currently vacant. The property's APN is 29-010-107 in Bucks County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1988
Total area 19,464 SF
Lot 3.01 ac (130,898 SF)
Zoning code PI
APN 29-010-107
UPID US73-1951393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3 Friends Ln Newtown, PA 18940
Newtown metro Census 105202 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.67M
CAP Approach CAP
$5.02M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.38M

Owner & transaction history

since 2020
Last sale
$6.5M
3 recorded transactions
2025
Price N/A
2020
$6.5M
2017
$2.8M

Zoning & alternative use

PI · Newtown, PA
Top alternative use upside
Restaurant $6.3M +29.3%
Apartment house (5+ units) $5.3M +8.9%

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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