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Property profile & analytics
OFF-MARKET Estimated value $2,130,000
Office buildings

315 State St Doylestown, PA 18901-3525

7,904 SF 1.05 ac lot Built 1965
Trust Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-2527536
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 7,904 SF
Lot 1.05 ac (45,782 SF)
Zoning code R3
APN 08-003-003-001
UPID US73-2527536
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.40M
CAP Approach CAP
$2.04M
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$2.13M
Owner & transaction history
Trustees Of University Of Pennsylva · 1 yrs held
Trustees Of University Of Pennsylva
since 2025
Last sale
$2.2M
4 recorded transactions
2025
$2.2M
2017
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R3 · Doylestown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $2.6M +14.3%
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