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Property profile & analytics
FOR SALE
Office buildings

862 2Nd Street Pike Richboro, PA 18954

1,536 SF 0.67 ac lot Built 1890
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US73-2095293
Property summary
AI-generated overview

This exceptional 0.67-acre commercial land parcel is ideally situated at 862 Second Street Pike in Richboro, Pennsylvania, zip code 18954. The property offers excellent visibility and accessibility from a major thoroughfare, boasting strong daytime and residential population density. The asking price is $1,100,000. This versatile site presents a unique opportunity for various commercial ventures. Potential uses include, but are not limited to, restaurants, medical facilities, office spaces, or retail establishments. The property owner is open to considering build-to-suit options, providing flexibility for prospective buyers or tenants to tailor the development to their specific needs. The location in Bucks County, Pennsylvania, offers a thriving business environment and a strong local community. The property's size and location make it an attractive investment opportunity for developers and businesses seeking a prominent presence in a desirable area. Full access is provided directly from Second Street Pike, ensuring convenient access for customers and employees. Serious inquiries are encouraged to explore this exceptional commercial land opportunity further.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING (MULTI-STORY)
Year built 1890
Construction FRAME
Total area 1,536 SF
Lot 0.67 ac (29,260 SF)
Zoning code C2
APN 31-018-006
UPID US73-2095293
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
  • Dr. Vijaya J. Shah, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vijaya J Shah
Vijaya J Shah
1 recorded transaction
1969
Price N/A
Zoning & alternative use
C2 · Richboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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