Technical
Financial
Distress signals
Property profile

610 Louis Dr 303 Warminster, PA 18974

OFF-MARKET
Office Spaces
Property ID
US73-1475704
900 SF Built 1999
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Warminster, PA property, located at 610 Louis Drive, offers two 5,000 sq ft, state-of-the-art office condos, totaling 11,364 square feet, available individually or as a complete package. Each floor boasts modern interiors, including high-quality flooring and LED lighting. The upper floor features a comprehensive medical facility with surgical rooms, procedure rooms, labs, and support areas. The ground floor provides dynamic office space with executive suites, private offices, a training room, and bullpen areas. Both floors benefit from an interior elevator, ADA-compliant restrooms, abundant parking, high-definition security cameras, and a robust alarm system. Over $850,000 in capital improvements were completed in 2019. This prime location, minutes from Doylestown and Philadelphia, offers excellent visibility and accessibility, making it ideal for healthcare providers, professional offices, or investors seeking a strong return. Each condo has its own parcel number, allowing for flexible ownership and leasing options. This is a unique opportunity to acquire a premier property in a thriving Bucks County market. The property is conveniently located between New York City and Washington, D.C. Individual condo purchase price is $899,000

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1999
Total area 900 SF
Zoning code I
APN 49-009-083E100-00A
UPID US73-1475704

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
  • Physician
  • Physician
  • Charitable Organization Social Service Agency
  • Physician

Location

610 Louis Dr, Unit 303 Warminster, PA 18974-2828
Warminster metro Census 101609 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$135k

Owner & transaction history

Zoning & alternative use

I · Warminster, PA

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 610 Louis Dr, Unit 303?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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