Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    44 Industrial Dr New Britain, PA 18901-6007

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    44 Industrial Dr New Britain, PA 18901-6007

    View on Map
    • Truck terminals
    • 16,648 SF
    • 2.45 lot acres
    Off-Market
    Last Sale May 2, 2023
    $850,000
    Property ID
    US73-1522902
    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.
    Value Estimations
    $875,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Truck terminals

    Property Details for 44 Industrial Dr

    Year built
    1967
    Lot size
    2.45 lot acres
    Property size
    16,648 SF
    Zone code
    LI
    Property type
    Truck terminals
    APN
    25-002-207
    APU
    25002207

    Description

    This exceptional Class A industrial warehouse, located at 44 Industrial Drive in New Britain, Pennsylvania, offers 29,500 square feet of immediately available space. Situated on a 2.44-acre lot, this single-tenant property is perfectly suited for distribution or warehousing operations. The building boasts impressive features including a ceiling height ranging from 24 to 26 feet, providing ample vertical storage capacity. Ten convenient drive-in doors ensure efficient loading and unloading, streamlining your logistics. The property is zoned for Light Industrial use within New Britain Borough, Bucks County, offering a strategic location for businesses serving the region. With its generous square footage, high ceilings, and multiple drive-ins, this warehouse presents a rare opportunity to secure a modern, efficient, and well-located industrial space. The property's address is 44 Industrial Drive, New Britain, PA 18901. The building is entirely vacant, allowing for immediate occupancy and customization to meet your specific operational needs. This is a truly exceptional opportunity for businesses seeking a high-quality industrial space in a desirable location. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $895,000
      ML approach
      $900,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $584,000
      Market price range: $584k - $1.88M

    • Alternative Use

      Use
      Estimation
      TRUCK TERMINAL (MOTOR FREIGHT)
      $1,050,000
      Current use
      INDUSTRIAL (GENERAL)
      $980,000
      Change: -7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Britain
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.1898
    Latitude
    40.2932
    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
    $4,913
    $24,400
    $0.00
    $24,400
    -
    $334,245
    $0.00
    $334,245

    Comparable in this City

    • Value Estimation by Request
      4,584 SF

      Warden Rd

      TRUCK TERMINAL (MOTOR FREIGHT) • 4,584 SF
      Warden Rd, Doylestown, PA 18901
      View Details
    • Value Estimation
      $750,000
      9,709 SF

      97 Industrial Dr

      WAREHOUSE, STORAGE • 9,709 SF
      97 Industrial Dr, New Britain, PA 18901
      View Details
    • Value Estimation
      $1,155,000
      13,041 SF

      98 Spg Lk Dr

      WAREHOUSE, STORAGE • 13,041 SF
      98 Spg Lk Dr, New Britain, PA 18901-5173
      View Details
    • Value Estimation
      $3,730,000
      28,120 SF

      Sand Hl Rd

      MANUFACTURING (LIGHT) • 28,120 SF
      Sand Hl Rd, Doylestown, PA 18901
      View Details
    • Value Estimation
      $570,000
      0.21 Acres

      1864 Easton Rd

      CONSTRUCTION/CONTRACTING SERVICES • 0.21 Acres
      1864 Easton Rd, Doylestown, PA 18901-2838
      View Details
    • Value Estimation
      $975,000
      10,877 SF

      199 Hamilton St

      WAREHOUSE, STORAGE • 10,877 SF
      199 Hamilton St, Doylestown, PA 18901-3670
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.38 Acres

      Doylestown Office Space - Main Street

      Historic Downtown Doylestown Office Suite
      140 Main St, Doylestown, PA 18901
      View Details
    • $435,000
      2,350 SF

      Doylestown Office Space - 2350 sq ft

      Turn-key medical/professional office, Doylestown Borough.
      301 And 3, Doylestown, PA 18901
      View Details
    • Contact for pricing
      0.12 Acres

      Doylestown Office Building Opportunity

      Prime Doylestown location, 0.12-acre lot.
      68 Court St, Doylestown, PA 18901
      View Details
    • Contact for pricing

      Retail Space in Grocery-Anchored Center

      Retail spaces available in grocery-anchored shopping center in Bucks County.
      436 Town Ctr, New Britain, PA 18901
      View Details
    • $750,000

      Doylestown Borough Versatile Property

      Flexible property in Doylestown, suitable for residential or commercial use.
      169 N Main St, Doylestown, PA 18901
      View Details
    • $225,000
      0.50 Acres

      Residential Land in Doylestown Township

      Vacant lot zoned for residential use in Doylestown, PA.
      Cherry Ln, Doylestown, PA 18901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Doylestown

      Discover many ways to work your way in Doylestown
      196 Ashland St, Doylestown, PA 18901
      View Details
    • $2,700 /Mo

      Flex Office Space Available

      Over 2000 sq ft of flex office space for rent.
      4095 Ferry Rd, Doylestown, PA 18901
      View Details
    • $6,567 /Mo

      Downtown Doylestown Office/Retail/Flex Space

      Two-story, 3,500+ sq ft space in historic Ag Works complex.
      140 S Main St, Doylestown, PA 18901
      View Details
    • Sponsored
      Contact for pricing

      PA, Doylestown - Easton Rd

      Flexible workspace in IL, Naperville - Route 59
      2003 Easton Rd, Doylestown, PA 18901
      View Details
    • Contact for pricing

      Flexible Workspace Solutions Available

      Varied office spaces with flexible terms and global access.
      2003 S Easton Rd, Doylestown, PA 18901
      View Details
    • Contact for pricing

      Doylestown Office Space Available

      Move-in ready office space with high-end finishes and parking.
      329 S Main St, Doylestown, PA 18901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    44 Industrial Dr
    New Britain, PA 18901-6007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!