1000 Walnut StPerkasie, PA 18944

Property Details for 1000 Walnut St

Year built

2003

Lot size

15.35 AC

Property size (Sq ft)

8,740 SF

Zone code

CR

Property type

Specialty properties

Property subtype

Day care centers & nurseries

APN

15-011-031

APU

15011031

Description

This exceptional office property, the Heritage Executive Campus at Hilltown, presents a unique investment opportunity in Perkasie, Pennsylvania. Located at 1000 E Walnut St, 18944, within Bucks County, this mixed-use development offers a variety of office spaces to suit diverse business needs. The campus comprises seven buildings, each featuring two stories, totaling 28,504 square feet. Currently, there is 997 square feet of vacant space available for lease. The available space is situated on the second floor and offers approximately 2,164 square feet, ideal for small businesses seeking direct tenant access. The property is categorized as Executive Office, Medical Office, and Traditional Office space, providing flexibility for various professional uses. The building features multiple suites, allowing for a range of tenant configurations. This prime location in Perkasie offers convenient access to local amenities and transportation networks. The property's versatile design and strategic location make it an attractive option for businesses seeking a modern and functional workspace in a thriving community. The available space provides an excellent opportunity for growth and expansion within a well-established and reputable business campus. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,122,300

  6.5%

  $1,959,047

  7%

  $1,819,115

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,322,091

  Geo Method

  $1,313,264

• Alternative Use

  Use

  Valuation

  Residential

  $2,485,133

  Hospitality

  $2,276,369

  Educational

  $1,893,912

  Medical

  $1,959,047

  Retail

  $2,946,086

Location Insight

City

Perkasie

County

Bucks

State

Pennsylvania

Latitude

40.3517

Longitude

-75.2783

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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