530 St Rd Warminster, PA 18974-3232
- Retail space
- 7,200 SF
- 0.31 lot acres
Jun 13, 2023
Current Use by Public Records
- Project Transition / Wellness Program
- mindframe counseling / Counselor
- Edge Financial Services Inc / Loan Service / Bank
- SharpSun Services / Advertising Agency / Marketing & Advertising
Property Details for 530 St Rd
- Year built
- 1967
- Lot size
- 0.31 lot acres
- Property size
- 7,200 SF
- Zone code
- C
- Property type
- Retail space
- APN
- 49-015-285
- APU
- 49015285
Description
This exceptional 7,200 square foot executive office space is available for lease in Warminster, Pennsylvania. Located at 530 W Street Rd, this single-tenant property boasts a prime location in Bucks County, offering unparalleled accessibility. The building, constructed in 1956, features two stories with a generous 10-foot ceiling height, creating a spacious and comfortable work environment. The 0.31-acre lot provides ample space, and the property includes 20 convenient parking spaces for employees and clients. The building's 7,200 square feet are entirely vacant, presenting a unique opportunity for a business seeking a move-in ready space. Its strategic location offers easy access to major transportation arteries, including the Willow Grove (Exit 343) and Bensalem (Exit 351) interchanges of the Pennsylvania Turnpike (I-276), as well as Street Road (Route 132), County Line Road, Easton Road (Route 611), and York Road (Route 263). This property is ideal for businesses seeking a prominent location with excellent visibility and convenient access to regional transportation networks. The property is classified as both retail and office space, offering flexibility for various business needs. The building's size and layout provide a significant opportunity for a business to establish a strong presence in the Warminster area. The property is zoned for commercial use. The zip code is 18974.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,210,000
- ML approach
- $1,225,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,740,000
- 6.5%
- $1,605,000
- 7%
- $1,495,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,153,000
Market price range: $787k - $2.22M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,425,000 Current use
- MEDICAL BUILDING
- $1,775,000 Change: +25% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,725,000 Change: +21% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,675,000 Change: +17% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,305,000 Change: -9% Conversion: Moderate
- OFFICE BUILDING
- $1,160,000 Change: -19% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Warminster
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.0961
- Latitude
- 40.204
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
