515 Andrews Rd, Trevose, PA 19053-3432
- Warehouses
- 13,034 SF
- 1.00 lot acres
Current Use by Public Records
- Trevose shopping center / Shopping Center & Mall
- Rollin Diesel and Automotive Services / Auto Repair Shop
- Parkview plaza / Shopping Center & Mall
Property Details for 515 Andrews Rd
- Year built
- 1972
- Lot size
- 1.00 lot acres
- Zone code
- PI
- Property type
- Warehouses
- APN
- 21-023-017-002
- APU
- 21023017002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 17, 2022 | $1,800,000 | Rollin Coal Diesel Service LLC | Senzy Holdings LLC | Special Warranty Deed | $1.4M · Wilmington Savings Fund Society Fsb |
| Jun 25, 2021 | $1,245,000 | Senzy Holdings LLC | 515 Andrews Road LLC | Deed | $1M · Pnc Bank NA |
| Nov 1, 2018 | $825,000 | 515 Andrews Road LLC | William A Gaul | Deed | $619k · Univest Bank & Trust Co |
Description
This exceptional retail opportunity is located at 515 Andrews Rd, Feasterville-Trevose, PA 19053, within the Trevose Shopping Center in Bucks County. The property offers a total of 8,800 square feet of retail space, currently entirely vacant and available for lease. Two contiguous spaces are available, with a minimum divisible space of 4,000 square feet and a maximum contiguous space of 4,800 square feet. Ideal for a variety of retail or restaurant uses, this property presents a unique chance to establish a strong presence in a thriving community. The center's location provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. The property is categorized as commercial retail, offering multiple tenancy options. This is an exceptional opportunity for businesses seeking a well-located, sizable space in a bustling area of Bucks County, Pennsylvania. The address is easily accessible and well-suited for businesses seeking high visibility and convenient customer access. The entire 8,800 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,745,000
- ML approach
- $1,745,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,220,000
- 6.5%
- $2,050,000
- 7%
- $1,905,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,460,000
Market price range: $1.46M - $2.21M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,720,000 Current use
- RETAIL STORES
- $2,695,000 Change: +57% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $2,360,000 Change: +37% Conversion: Moderate
- OFFICE BUILDING
- $2,330,000 Change: +35% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Trevose
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9761
- Latitude
- 40.1538
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
