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Property profile & analytics
OFF-MARKET Estimated value $1,305,000
Retail space

620 St Rd Warminster, PA 18974-3224

6,003 SF 0.67 ac lot Built 2006
Entity Owned 20-yr Hold Free & Clear
Property ID
US73-1209002
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 620 W Street Road in Warminster, Pennsylvania, offers 6,003 square feet of versatile space, currently vacant and ready for immediate occupancy. Situated on a 0.67-acre lot, the building boasts a prominent street-facing location ensuring high visibility and accessibility for customers. The property includes a significant advantage with approximately 20 dedicated parking spaces, providing ample convenience for patrons and employees. The single-tenant occupancy allows for complete control and customization of the space to suit a wide range of retail businesses. The property's location in Bucks County, Pennsylvania, offers access to a thriving community and strong consumer base. This is an excellent opportunity for businesses seeking a high-profile location with substantial parking and a readily available, sizable space. The property's size and features make it ideal for a variety of retail concepts. The address is 620 W Street Road, Warminster, PA 18974. The property is zoned for retail use. The building is in excellent condition and ready for immediate occupancy. This is a rare opportunity to acquire a prime retail space in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 6,003 SF
Lot 0.67 ac (29,142 SF)
Zoning code C
APN 49-015-274
UPID US73-1209002
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mattress Firm Warminster Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.34M
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$1.31M
Owner & transaction history
Charles Edward Realty · 20 yrs held
Charles Edward Realty
since 2006
2 recorded transactions
2006
$3.3M
2005
Price N/A
Zoning & alternative use
C · Warminster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.9M +63.8%
Apartment house (5+ units) $1.6M +38.0%
Medical building $1.5M +24.6%
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