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Property profile & analytics
OFF-MARKET Estimated value $2,380,000
Industrial properties

32 Blacksmith Rd Newtown, PA 18940-1847

19,600 SF Built 1989
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-3923415
Property summary
AI-generated overview

This exceptional 19,600-square-foot industrial property, situated on one acre in Newtown, Pennsylvania, presents a unique investment opportunity. The single-story building features a concrete frame, two loading docks, and ample outdoor surface parking. Currently utilized for pharmaceutical manufacturing, the space includes a finished office/conference area and a full HVAC infrastructure. Zoned L-I in Newtown Township, this property offers significant potential for expansion with a small area available for development. The strategic location provides superb access to I-95, connecting to numerous Philadelphia suburbs and New Jersey bridges. Estimated 2024 property taxes are $7,617.38 (county) and $3,639.41 (municipal). The property's versatile zoning and existing infrastructure make it ideal for a variety of industrial and medical office uses. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market. The combination of warehouse space, office amenities, and convenient access to major transportation routes makes this an attractive investment for both owner-occupiers and investors.

Property profile
Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1989
Total area 19,600 SF
Zoning code LI
APN 29-010-039-0C3
UPID US73-3923415
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
by Request
CAP Approach CAP
$2.22M
Comparable Approach Comparable
$2.08M
Blend (final) Blend
$2.38M
Owner & transaction history
32 Blacksmith LLC · 10 yrs held
32 Blacksmith LLC
since 2015
5 recorded transactions
2023
Price N/A
2020
Price N/A
2019
Price N/A
2016
Price N/A
2015
$2.4M
Zoning & alternative use
LI · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.9M +29.4%
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