554 2nd St Pike Southampton, PA 18966-3805
- Drive through restaurants
- 1,645 SF
- 0.44 lot acres
Current Use by Public Records
- Dunkin' / Breakfast Restaurant / Donut Shop
- ATM Dunkin Donuts - 554 Second St Pike / Bank / Atm
- Cardtronics / Atm
Property Details for 554 2nd St Pike
- Year built
- 1978
- Lot size
- 0.44 lot acres
- Property size
- 1,645 SF
- Zone code
- RS
- Property type
- Drive through restaurants
- APN
- 48-012-025
- APU
- 48012025
Description
This exceptional retail property at 554 2nd Street Pike in Southampton, PA, presents a lucrative investment opportunity. Located at the intersection of two major streets in the heart of Southampton, this 1,645 square foot building enjoys a high-traffic count, with an estimated 20,000+ vehicles passing daily. The 0.44-acre lot provides ample parking for approximately 20+ cars, ensuring convenient access for customers. The property's strong location benefits from a booming population and favorable demographics, making it an ideal space for a variety of retail businesses. Previously a successful donut shop, this space is ready for its next chapter. The building's existing infrastructure offers a solid foundation for a new venture, minimizing initial setup costs. The high visibility and substantial daily traffic make this property an excellent choice for entrepreneurs seeking a thriving retail environment. This is a rare opportunity to acquire a well-situated retail space in a rapidly growing community. The asking price is $1,499,000. Don't miss this chance to secure a prime commercial location in a bustling area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,055,000
- 6.5%
- $1,040,000
- 7%
- $1,000,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $970,000
- Geo Method
- $990,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $890,000
- Retail
- $985,000
- Mixed-Use
- $1,010,000
- Hospitality
- $1,140,000
- Educational
- $1,040,000
- Residential Income
- $1,240,000
- Energy
- $1,045,000
- Income-Based Land
- $1,105,000
- Food Service
- $920,000
Location Insight
- Map
- Local Demand
- City
- Southampton
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -75.0451
- Latitude
- 40.171
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA