1200 Veterans HwyBristol, PA 19007

Property Details for 1200 Veterans Hwy

Year built

1960

Lot size

21.20 AC

Property size (Sq ft)

208,211 SF

Zone code

R-2

Property type

Office buildings

APN

05-027-116

APU

5027116

Description

This exceptional 3,325-square-foot office space, located at 1200 Veterans Highway, Suite F-3, in Bristol, Pennsylvania (zip code 19007), presents a unique opportunity. Situated on a sprawling 23-acre lot, this single-tenant space is part of a larger 208,000-square-foot building, offering ample room for expansion or flexibility. The property boasts a convenient location just off I-95, next to Bucks County Community College, ensuring high visibility and accessibility with over 30,000 vehicles passing daily. Built in 1960, the building features a 14-foot ceiling height and unlimited parking. The property is zoned R2 Commercial and offers a variety of permitted uses, including medical, traditional, executive, and creative office spaces, as well as retail, consulting, and other service-oriented businesses. Additional amenities include a large private courtyard, wide hallways, an on-site daycare and fitness center, and 18,000 square feet of basement storage available at reduced rates. A future outbuilding with overhead doors and an auto bay is also planned. The property is classified as Class B, is a single-story building, and includes an elevator. Currently, 22,000 square feet of space is vacant within the larger building. Ground lease or build-to-suit options are also available. This property offers a compelling combination of location, size, and amenities, making it an ideal choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $38,428,124

  6.5%

  $35,472,112

  7%

  $32,938,392

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,204,850

  Geo Method

  $27,204,850

• Alternative Use

  Use

  Valuation

  Residential

  $43,985,420

  Hospitality

  $40,290,408

  Educational

  $33,521,148

  Medical

  $34,673,992

  Retail

  $52,144,008

Location Insight

City

Bristol

County

Bucks

State

Pennsylvania

Latitude

40.1099

Longitude

-74.8766

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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