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Property profile & analytics

3600 Progress Dr Bensalem, PA 19020-5889

  • Warehouses
  • 555,218 SF
  • 24.94 lot acres
OFF-MARKET
Value Estimation
$6,605,000
Last Sale
May 07, 2021
$5,870,000
Location Intelligence
Property ID
US73-0160672
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Schwarz / Distribution Service
  • Peirce-Phelps / Distribution Service / Air Conditioning Contractor
  • Schwarz Supply Source / Logistics Service
  • Bunzl Retail Services / Warehouse

Property Details for 3600 Progress Dr

Year built
1973
Lot size
24.94 lot acres
Property size
555,218 SF
Zone code
M2
Property type
Warehouses
APN
02-075-044
APU
2075044

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,735,000
  • CAP approach

    CAP return
    Estimation
    6%
    $6,400,000
    6.5%
    $6,340,000
    7%
    $6,280,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $6,505,000
    Geo Method
    $6,270,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,320,000
    Retail
    $6,860,000
    Mixed-Use
    $6,800,000
    Hospitality
    $6,920,000
    Educational
    $6,635,000
    Residential Income
    $5,280,000
    Energy
    $6,675,000
    Income-Based Land
    $5,045,000
    Food Service
    $6,525,000

Location Insight

  • Map
  • Local Demand
City
Bensalem
County
Bucks
State
Pennsylvania
Longitude
-74.9221
Latitude
40.0882
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$376,399
$488,830
$1,235,400
$1,724,230
-
$6,696,272
$16,923,214
$23,619,486
More about this property
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