315 State St Doylestown, PA 18901-3525
Property Lookup
Property profile & analytics
315 State St Doylestown, PA 18901-3525
- Office buildings
- 7,904 SF
- 1.05 lot acres
Property ID
US73-2527536
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 315 State St
- Year built
- 1965
- Lot size
- 1.05 lot acres
- Property size
- 7,904 SF
- Zone code
- R3
- Property type
- Office buildings
- APN
- 08-003-003-001
- APU
- 8003003001
Description
This exceptional investment opportunity presents a 7,886 square foot, two-story medical office building situated on a 1.05-acre lot in Doylestown, Pennsylvania. Built in 1965 and renovated in 2011, the property boasts a single tenant, providing a stable income stream. Located at 315 W State St, this building enjoys high visibility on a major thoroughfare, offering convenient access to Routes 611 and 202. Its prime location within Doylestown's medical hub, adjacent to Doylestown Hospital, ensures strong tenant demand. The property features an elevator, ample on-site parking for approximately 52 cars, and prominent monument signage. The asking price is $2,250,000. Zoned R3-Residential District (non-conforming), this asset benefits from a strong local demographic with a median household income exceeding $145,000 within a 5-mile radius. The building's central Bucks County location, approximately 20 miles north of Philadelphia, PA, further enhances its appeal. This is a rare opportunity to acquire a well-maintained, income-producing medical office building in a thriving market. The property offers a stable investment with potential for future revenue growth. The building has two levels, each with ground-level entry. The APN is 08-003-003-001.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,380,000
- ML approach
- $1,400,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,210,000
- 6.5%
- $2,040,000
- 7%
- $1,895,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,171,000
- AI Estimate
- $1,501,000
Market price range: $1.35M - $3.18MMarket price range: $863k - $2.21M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,240,000 Current use
- RESTAURANT
- $2,565,000 Change: +14% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $2,160,000 Change: -4% Conversion: Easy
- MEDICAL BUILDING
- $1,950,000 Change: -13% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,835,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Doylestown
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.1426
- Latitude
- 40.3061
- 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
$27,761
$10,500
$143,600
$154,100
-
$143,835
$1,967,115
$2,110,950
