1200 Veterans HwyBristol, PA 19007

  • Office properties
  • 208,211 SF
For Lease
$12/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1200 Veterans Hwy, Bristol, Pennsylvania

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

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
$305,801
$95,400
$1,030,650
$1,126,050
-
$1,306,844
$14,118,431
$15,425,275

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