32 Blacksmith Rd Newtown, PA 18940-1847
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LI · Newtown, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.