Property profile

74 Spring Lake Dr Doylestown, PA 18901

FOR LEASE
Warehouses
Property ID
US73-0952277
2,100 SF 1.06 ac lot Built 1981
Individually Owned 25-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,350 square foot office space, located at 74 Spring Lake Drive Unit 2 in Doylestown, Pennsylvania, is perfectly situated for immediate occupancy. The second-floor unit boasts a spacious reception area or open workspace, ideal for a variety of business needs. Four generously sized private offices, each complete with closets for convenient storage, offer ample room for individual work or team collaboration. Large windows throughout the space provide abundant natural light, creating a bright and welcoming atmosphere. A well-maintained half-bath adds to the convenience. The property also includes access to a shared conference room featuring vaulted ceilings, providing a professional setting for meetings and presentations. The 1.06-acre lot offers plentiful parking directly in front of the building for employees and clients. This move-in ready space is conveniently located within walking distance of the New Britain train station, providing easy access for commuters. Major roadways, including routes 202, 611, and 152, are also easily accessible, ensuring seamless connectivity throughout the region. The property is just minutes away from the vibrant downtown Doylestown Borough, offering a wealth of amenities and services. This exceptional office space presents a rare opportunity to establish or expand your business in a highly desirable location. Schedule a showing to experience this exceptional property firsthand.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Total area 2,100 SF
Lot 1.06 ac (46,130 SF)
Zoning code LI
APN 25-005-003-001
UPID US73-0952277

Cap rate & NOI

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

Location

74 Spring Lake Dr Doylestown, PA 18901
Doylestown metro Census 104800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

Zoning & alternative use

LI · New Britain, PA
Zoning description

The purposes and intent of the LI Light Industrial District are to permit light industrial development located along the railroad line, to ensure that development has sufficient setbacks, buffers, and limits on intensity…

General category INDUSTRIAL

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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