3331 Street Rd Bensalem, PA 19020
- Office buildings
- 85,888 SF
- 3.37 lot acres
Current Use by Public Records
- New Heights Chiropractic & Wellness / Chiropractor / Nutritionist
- American Families United / Social Services Organization / Insurance
- Walder & Zaslow / Attorney
- Bankers Life / Life Insurance Agency / Financial Planner
- Gannon Insurance Agency Inc / Insurance Agency / Life Insurance Agency
Property Details for 3331 Street Rd
- Year built
- 1987
- Lot size
- 3.37 lot acres
- Property size
- 85,888 SF
- Zone code
- CS
- Property type
- Office buildings
- APN
- 02-001-065
- APU
- 2001065
Description
Greenwood Square, located at 3331 Street Rd in Bensalem, Pennsylvania (zip code 19020), offers a prime retail opportunity in Bucks County. This multi-tenant commercial property boasts a total of 16,155 square feet, with the entire space currently available for lease. The property is ideal for a variety of retail uses, offering flexible space options. Businesses can lease a minimum of 3,500 square feet, up to the entire 16,155 square feet contiguous space. This presents a unique chance for a single tenant to occupy the entire building or for multiple tenants to occupy portions of the space. The property's location in Bensalem provides excellent visibility and accessibility, making it an attractive option for businesses seeking high foot traffic and convenient access for customers. The address is easily accessible from Street Road, a major thoroughfare in the area. This fully vacant retail space presents a blank canvas for a new business or an expansion opportunity for an existing one. Interested parties should inquire about lease terms and conditions. The property is situated at latitude 40.1204908 and longitude -74.9596915.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $12,500,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $13,380,000
- 6.5%
- $11,730,000
- 7%
- $11,805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $11,260,000
- Geo Method
- $11,310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $13,105,000
- Retail
- $10,800,000
- Mixed-Use
- $10,465,000
- Hospitality
- $11,225,000
- Educational
- $13,460,000
- Residential Income
- $10,110,000
- Energy
- $10,685,000
- Income-Based Land
- $13,325,000
- Food Service
- $13,425,000
Location Insight
- Map
- Local Demand
- City
- Bensalem
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9592
- Latitude
- 40.1205
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA