2385 John Fries HwyQuakertown, PA 18951

Property Details for 2385 John Fries Hwy

Year built

1970

Lot size

12.48 AC

Property size (Sq ft)

6,000 SF

Zone code

RD

Property type

Retail properties

Property subtype

Retail space

APN

23-010-175-003

APU

23010175003

Description

The Route 663 Business Center, located at 2385 John Fries Hwy in Quakertown, PA 18951, offers a diverse range of flexible commercial spaces. This Class A property, built in 1969, comprises two single-story buildings totaling 46,400 square feet. Currently, 15,779 square feet are available, divisible into units as small as 1,171 square feet, with a maximum contiguous space of 11,250 square feet. The property features convenient amenities for businesses, including four loading docks, three drive-in bays, and ample parking with 100 spaces. Its strategic location on heavily trafficked Route 663, with easy access to Route 309 and the Pennsylvania Turnpike, ensures high visibility and convenient transportation. The property is zoned RD and situated in Bucks County. The building is suitable for multiple tenants and offers a variety of space options to accommodate diverse business needs. This well-maintained property provides a functional and efficient workspace, ideal for businesses seeking a strategic location with excellent accessibility. The five existing suites offer a variety of configurations, allowing for customization to meet specific requirements. The property's robust infrastructure and convenient location make it an attractive option for a wide range of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $2,191,025

  6.5%

  $2,022,484

  7%

  $1,878,021

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,988,858

  Geo Method

  $1,975,579

• Alternative Use

  Use

  Valuation

  Residential

  $1,706,041

  Hospitality

  $1,562,725

  Educational

  $1,300,168

  Medical

  $1,344,883

  Retail

  $2,022,484

Location Insight

City

Quakertown

County

Bucks

State

Pennsylvania

Latitude

40.4402

Longitude

-75.3886

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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