842 Durham RdNewtown, PA 18940

Property Details for 842 Durham Rd

Year built

1987

Lot size

5.69 AC

Property size (Sq ft)

13,842 SF

Zone code

VC2

Property type

Retail properties

Property subtype

Retail space

APN

53-006-001

APU

53006001

Description

This exceptional retail space is situated at 842 Durham Road in the vibrant town of Newtown, Pennsylvania. While the exact square footage is currently unavailable, this property presents a unique opportunity for businesses seeking a prominent location in a thriving community. The property is situated on a lot with no acreage specified. The address, 842 Durham Road, offers excellent visibility and accessibility for customers. Newtown boasts a strong local economy and a high concentration of desirable demographics, making it an attractive market for a variety of retail ventures. The property's location within Newtown provides easy access to major transportation routes, ensuring convenient commutes for both employees and customers. This presents a blank canvas for a discerning entrepreneur to establish a successful retail presence. Further details regarding the interior layout and potential build-out options are available upon request. Serious inquiries are encouraged to explore the possibilities of this prime retail space and its potential to contribute to the continued success of the Newtown business community. The asking price is currently being determined. Contact us today to schedule a viewing and discuss your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $3,364,089

  6.5%

  $3,105,313

  7%

  $2,883,505

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,557,661

  Geo Method

  $4,557,661

• Alternative Use

  Use

  Valuation

  Residential

  $2,619,448

  Hospitality

  $2,399,400

  Educational

  $1,996,273

  Medical

  $2,064,928

  Retail

  $3,105,313

Location Insight

City

Newtown

County

Bucks

State

Pennsylvania

Latitude

40.2828

Longitude

-74.9943

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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