Property profile

601 New Britain Rd Doylestown, PA 18901

OFF-MARKET
Individual retail properties
Property ID
US73-1840234
11,456 SF 1.46 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17.94-acre parcel presents a rare opportunity for retail development in the desirable Doylestown, PA market. Located at 601 New Britain Road, the property offers significant potential for a variety of retail uses, given its substantial size and prime location. The expansive acreage allows for ample space for building construction, ample parking, and potential for landscaping and outdoor amenities. The address, 601 New Britain Road, ensures excellent visibility and accessibility for customers. The property's zoning and permitted uses should be independently verified by prospective buyers to ensure alignment with their development plans. Detailed site surveys and environmental reports are available upon request. This is an ideal opportunity for developers seeking a large-scale retail project in a thriving community. The absence of a listed price reflects the unique nature of this offering and invites serious inquiries to explore the possibilities. Interested parties are encouraged to conduct their own due diligence to assess the property's suitability for their specific needs and to determine a mutually agreeable price. The property's location in Doylestown offers access to a strong local economy and a robust consumer base. This is a blank canvas for a visionary retail development.

Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Total area 11,456 SF
Lot 1.46 ac (63,598 SF)
Zoning code C3
APN 09-009-067
UPID US73-1840234

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Financial Advisor

Location

601 New Britain Rd Doylestown, PA 18901-2992
Doylestown metro Census 104603 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.35M

Owner & transaction history

since 2020
Last sale
$2.6M
4 recorded transactions
2020
Price N/A
2018
Price N/A
2017
$2.6M
1969
Price N/A

Zoning & alternative use

C3 · Doylestown, PA
Top alternative use upside
Office building $2.2M +160.3%
Restaurant $2.0M +130.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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