173 Lincoln HwyFairless Hills, PA 19030

Property Details for 173 Lincoln Hwy

Year built

1961

Lot size

0.88 AC

Property size (Sq ft)

1,400 SF

Zone code

MOZ1

Property type

Medical offices

Property subtype

Medical centers

APN

13-003-022

APU

13003022

Description

This exceptional 1.48-acre commercial property in Fairless Hills, Pennsylvania, presents a prime redevelopment opportunity. Located at 173 Lincoln Highway (Route 1 Bus.), this site boasts 120 feet of highway frontage and high visibility, ensuring optimal exposure for any business. Currently improved with a dental office and miniature golf course, the property offers flexibility for a wide range of uses, permitted under the HC zoning designation. The two contiguous lots provide ample space for expansion or redevelopment. With 36 parking spaces and public utilities already in place, this site is ready for immediate development. The location is strategically advantageous, situated within the Oxford Valley corridor, close to major roadways including US Route 1, Interstate 295, and the Pennsylvania Turnpike, offering easy access to Philadelphia, Princeton, and New York City. Nearby amenities include the Oxford Valley Mall, Sesame Place, and Aria-Jefferson Health Bucks County hospital, ensuring a strong customer base and employee pool. The level topography simplifies construction, and the property's proximity to densely populated residential neighborhoods guarantees a robust market. This is an unparalleled opportunity to capitalize on a high-traffic location in a thriving commercial area. The property's APN is 13-003-022 & 12-005-220-001. The asking price is $1,795,000. The property includes two one-story buildings totaling 2,000 square feet, built in 1961.

• CAP approach

  CAP return

  Valuation

  6%

  $231,462

  6.5%

  $213,657

  7%

  $198,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $182,924

  Geo Method

  $182,924

• Alternative Use

  Use

  Valuation

  Residential

  $264,935

  Hospitality

  $242,679

  Educational

  $201,906

  Medical

  $208,850

  Retail

  $314,076

Location Insight

City

Fairless Hills

County

Bucks

State

Pennsylvania

Latitude

40.1832

Longitude

-74.8608

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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