405 Lakeside ParkSouthampton, PA 18966

  • Office properties
  • 1,450 SF

Property Details for 405 Lakeside Park

Year built
1986
Property size (Sq ft)
1,450 SF
Zone code
CC
Property type
Office properties
APN
48-025-005-405
APU
48025005405

Description

This exceptional 1450 square foot office condo is situated in the desirable Lakeside Office Park in Southampton, PA. Its convenient location offers easy access to major roadways including Street Road, I-95, Woodhaven Road, Route 1, and the Pennsylvania Turnpike, ensuring seamless commutes for employees and clients. The thoughtfully designed space includes 4 private offices, perfect for individual work or team collaboration, complemented by a welcoming reception area and a comfortable waiting room. A practical kitchenette adds convenience, and two bathrooms cater to the needs of occupants and visitors. The main level, encompassing 1000 square feet, features elegant ceramic tile flooring in the foyer, along with attractive chair rails and woodwork throughout, creating a professional and sophisticated atmosphere. The second floor offers an additional 450 square feet of open office space, providing flexibility for various work styles and potential expansion. This property is exceptionally well-maintained and benefits from the inclusion of condo fees and taxes being covered by the landlord, simplifying ownership and reducing operational costs. This is a rare opportunity to acquire a move-in ready office space in a highly sought-after location. Schedule a viewing today to experience the quality and convenience this property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $271,692
    6.5%
    $250,793
    7%
    $232,879
  • Comparable approach

    Method
    Valuation
    Relative Method
    $189,457
    Geo Method
    $189,457
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $493,753
    Retail / Commercial
    $253,194
    Mixed-Use / Specialty
    $252,292
    Hospitality / Lodging
    $185,098
    Institutional / Educational
    $262,282
    Residential Income
    $306,869
    Multifamily
    $368,043
    Automotive / Energy
    $224,813
    Parking / Income-Based Land
    $77,580.10
    Restaurant / Food Service
    $131,219
    Healthcare / Senior Housing
    $258,720

Location Insight

City
Southampton
County
Bucks
State
Pennsylvania
Latitude
40.1594
Longitude
-75.0188
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
$5,433
-
$25,400
$25,400
-
-
$347,944
$347,944

FAQs

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Please email our support team at [email protected] and they will add the team member.
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