2140 York RdJamison, PA 18929

  • Retail properties
  • 1,463 SF
For Sale
$3,999,900 View listing

Property Details for 2140 York Rd

Year built
1920
Construction
FRAME
Lot size
1.04 AC
Property size (Sq ft)
1,463 SF
Zone code
C1
Property type
Retail properties
Property subtype
Gas stations
APN
51-003-081
APU
51003081

Description

This exceptional retail property at 2140 York Rd, Jamison, PA 18929, is offered at $3,999,900. Built in 1920, this 1.6-acre property boasts 138 parking spaces and features three tenants under a triple net (NNN) lease, minimizing owner responsibilities and maximizing passive income. Located in the thriving community of Jamison, Bucks County, this high-traffic location ensures maximum visibility and customer flow. The low annual property taxes further enhance the investment's appeal. The triple net lease structure means tenants cover property taxes, insurance, and maintenance, providing a worry-free investment opportunity with a stable and lucrative income stream. This property presents a rare chance to acquire a secure and high-potential investment in a vibrant and growing community. The strategic location and diverse tenant mix contribute to a strong and reliable revenue stream. Don't miss this opportunity to secure your financial future with this exceptional commercial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $394,660
    6.5%
    $364,301
    7%
    $338,280
  • Comparable approach

    Method
    Valuation
    Relative Method
    $482,404
    Geo Method
    $481,712
  • Alternative Use

    Use
    Valuation
    Residential
    $307,302
    Hospitality
    $281,487
    Educational
    $234,194
    Medical
    $242,248
    Retail
    $364,301
2140 York Rd, Jamison, Pennsylvania

Location Insight

City
Jamison
County
Bucks
State
Pennsylvania
Latitude
40.2531
Longitude
-75.0902
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,361
$7,280
$23,520
$30,800
-
$99,726
$322,190
$421,916

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