3488 York RdFurlong, PA 18925

Property Details for 3488 York Rd

Year built

1947

Lot size

3.11 AC

Property size (Sq ft)

4,462 SF

Zone code

VC2

Property type

Office buildings

APN

06-008-017

APU

6008017

Description

This exceptional commercial investment opportunity in Buckingham Township, PA, presents a rare chance to acquire a fully leased, high-visibility property. Situated on a prominent corner lot at the intersection of Rt. 263 (York Road) and Edison Furlong Road, this property boasts exceptional daily traffic counts, ensuring strong tenant appeal and consistent income. The property comprises two well-maintained buildings totaling 11,074 square feet, situated on a spacious 3.11-acre lot. Ample parking is available, accommodating up to 60 vehicles, with convenient access from two entry/exit points. Both buildings feature newer roofs, and the property benefits from public water access. The VC2 zoning designation allows for a variety of uses. Currently, the property is fully leased to established businesses, providing immediate and stable cash flow. This turnkey investment offers the security of long-term tenants and guaranteed rental income from day one. Its strategic location offers easy access to Doylestown, New Hope, Newtown, and Warminster, further enhancing its appeal and investment potential. This is a truly exceptional opportunity for investors seeking a stable, high-return commercial property with minimal management requirements.

• CAP approach

  CAP return

  Valuation

  6%

  $1,108,430

  6.5%

  $1,023,166

  7%

  $950,083

• Comparable approach

  Method

  Valuation

  Relative Method

  $586,924

  Geo Method

  $583,005

• Alternative Use

  Use

  Valuation

  Residential

  $1,268,726

  Hospitality

  $1,162,146

  Educational

  $966,892

  Medical

  $1,000,145

  Retail

  $1,504,054

Location Insight

City

Furlong

County

Bucks

State

Pennsylvania

Latitude

40.2954

Longitude

-75.0831

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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