394 Lincoln HwyFairless Hills, PA 19030

  • Automotive properties
  • 19,009 SF

Property Details for 394 Lincoln Hwy

Year built
1968
Lot size
3.16 AC
Property size (Sq ft)
19,009 SF
Zone code
HC
Property type
Automotive properties
APN
13-008-051-00A
APU
1300805100A

Description

This exceptional 22,000-square-foot warehouse, situated on a 3.15-acre lot in Fairless Hills, Pennsylvania, presents a rare opportunity. Currently vacant, this single-tenant property boasts a desirable location on Lincoln Highway, offering significant highway frontage. The building features a 24-foot ceiling height, perfect for various industrial uses, and includes one loading dock, five drive-ins, and ample parking for 400 vehicles. The property is equipped with three-phase electric power and an elevator, enhancing its functionality and appeal. Its H-C (Highway Commercial) zoning allows for a wide range of commercial applications. The property's strategic location offers easy access to major transportation arteries, including proximity to I-95/I-295 (3.9 miles), the PA Turnpike (7.9 miles), and the NJ Turnpike (13.8 miles). This turnkey facility, previously used as an auto dealership and collision center, is ready for immediate occupancy. The property's address is 394 Lincoln Highway, Fairless Hills, PA 19030, with APN 13-008-051-00A in Bucks County. The substantial lot size and high visibility make this an outstanding investment opportunity for businesses seeking a prominent location with excellent accessibility. The building's features and location combine to create a compelling proposition for a variety of commercial uses. This is a truly unique opportunity to acquire a well-maintained, strategically located warehouse in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,619,850
    6.5%
    $4,264,478
    7%
    $3,959,872
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,258,964
    Geo Method
    $6,258,964
  • Alternative Use

    Use
    Valuation
    Residential
    $3,597,246
    Hospitality
    $3,295,058
    Educational
    $2,741,450
    Medical
    $2,835,732
    Retail
    $4,264,478

Location Insight

City
Fairless Hills
County
Bucks
State
Pennsylvania
Latitude
40.1897
Longitude
-74.8404
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
$61,119
$82,400
$192,040
$274,440
-
$1,128,762
$2,630,674
$3,759,436

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