3488 York Rd, Furlong, PA 18925
- Office buildings
- 4,462 SF
- 3.11 lot acres
Current Use by Public Records
- Superior Play Systems / Building Supply / Construction Company
- Selzer Insurance Services / Insurance Agency
- Signature Cleaners / (Bike/Boat/Book/etc) Store
- Sanctuary Massage Therapy / Alternative Medicine Practice / Spa & Massage Center
- Healthy Solutions Medspa Coolsculpting Botox IV Vitamin Therapy / Spa & Massage Center / Alternative Medicine Practice
Property Details for 3488 York Rd
- Year built
- 1947
- Lot size
- 3.11 lot acres
- Zone code
- VC2
- Property type
- Office buildings
- APN
- 06-008-017
- APU
- 6008017
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 12, 2019 | — | Ducoura Village Corner LLC | — | Deed · related | $345k · Branch Bk&tr |
| Apr 18, 2019 | $800,000 | Ducoura Village Corner LLC | Messina,nicolo | Correction Deed · related | — |
| Nov 23, 2016 | $800,000 | Ducoura Village Corner LLC | Messina,nicolo | Grant Deed | $250k · Branch Bk&tr |
| — | — | Ducoura Village Corner LLC | — | Deed Of Trust · related | $345k · Branch Bk&tr |
| — | — | Nicolo G Messina | — | Deed Of Trust · related | $360k · Third Fsb |
Description
This exceptional commercial investment opportunity in Buckingham Township, PA, presents a rare chance to acquire a fully leased, high-visibility property. Situated on a prominent corner lot at the intersection of Rt. 263 (York Road) and Edison Furlong Road, this property boasts exceptional daily traffic counts, ensuring strong tenant appeal and consistent income. The property comprises two well-maintained buildings totaling 11,074 square feet, situated on a spacious 3.11-acre lot. Ample parking is available, accommodating up to 60 vehicles, with convenient access from two entry/exit points. Both buildings feature newer roofs, and the property benefits from public water access. The VC2 zoning designation allows for a variety of uses. Currently, the property is fully leased to established businesses, providing immediate and stable cash flow. This turnkey investment offers the security of long-term tenants and guaranteed rental income from day one. Its strategic location offers easy access to Doylestown, New Hope, Newtown, and Warminster, further enhancing its appeal and investment potential. This is a truly exceptional opportunity for investors seeking a stable, high-return commercial property with minimal management requirements.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,245,000
- 6.5%
- $1,150,000
- 7%
- $1,070,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,003,000
- AI Estimate
- $855,000
Market price range: $609k - $1.36MMarket price range: $452k - $1.15M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $925,000 Current use
- MEDICAL BUILDING
- $1,100,000 Change: +19% Conversion: Easy
- COMMERCIAL (GENERAL)
- $1,070,000 Change: +16% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,035,000 Change: +12% Conversion: Difficult
- RETAIL STORES
- $885,000 Change: -4% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $810,000 Change: -13% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Furlong
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.0831
- Latitude
- 40.2954
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
