323 Lincoln HwyFairless Hills, PA 19030

Property Details for 323 Lincoln Hwy

Year built

1778

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.25 AC

Property size (Sq ft)

3,220 SF

Zone code

LI

Property type

Retail properties

Property subtype

Retail space

APN

13-003-013

APU

13003013

Description

This exceptional 2,112 square foot commercial property, located at 323 Lincoln Highway in Fairless Hills, Pennsylvania, presents a unique leasing opportunity. The two-story building, constructed in 1956, offers a versatile blend of office and flex space. The first floor encompasses approximately 1,056 square feet of flex/garage space, featuring four convenient drive-in doors, ideal for various business needs. Upstairs, another 1,056 square feet of office space provides a professional environment. The entire 2,112 square foot building is currently vacant. Situated on a 0.83-acre lot with 115 feet of frontage on Lincoln Highway and a paved surface parking lot, this property boasts excellent visibility and accessibility. The building is equipped with 200-amp power. Its HC Highway Commercial zoning in Bucks County allows for a wide range of uses. The property's address is 323 Lincoln Highway, Fairless Hills, PA 19030, conveniently located near N. Olds Blvd in the Lower Bucks County submarket. The property's APN is 13-003-013. This prime location offers easy access to amenities and is surrounded by thriving commercial and residential areas. This is an ideal space for businesses seeking a combination of office and flex space in a high-traffic location.

• CAP approach

  CAP return

  Valuation

  6%

  $782,572

  6.5%

  $722,374

  7%

  $670,776

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,060,228

  Geo Method

  $1,060,228

• Alternative Use

  Use

  Valuation

  Residential

  $609,350

  Hospitality

  $558,161

  Educational

  $464,384

  Medical

  $480,354

  Retail

  $722,374

Location Insight

City

Fairless Hills

County

Bucks

State

Pennsylvania

Latitude

40.1899

Longitude

-74.8439

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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