Map of Property

1014 Quarry Rd

For Sale

1014 Quarry Rd, Perkasie, PA 18944

This Perkasie property for sale is located at 1014 Quarry Rd. The current listed sale price for 1014 Quarry Rd is $1,175,000. 1014 Quarry Rd is situated on a lot that is 2.27 acre in size.

Contacts

broker

Craig Fernsler

KW Commercial | Blue Bell

broker

Craig Fernsler

KW Commercial | Blue Bell

Property Details

  • Property Type VacantLand
  • Units 0
  • Lot Size 2.27 Acre
  • Additional Rent Contact for pricing
  • Year Built 1950
  • Date Updated Nov 20, 2024
The property located at 1014 Quarry Road consists of two parcels, each measuring 1.134 acres, totaling 2.268 acres. It is situated on a corner, with 360 square feet of frontage along Route 313. The property is in a growth market with excellent demographics and high traffic counts, making it an attractive investment opportunity. Currently, the property generates a net operating income (NOI) of $82,000. This income is derived from the rental of two 3-bedroom homes and one outbuilding on the site, all of which are currently occupied by tenants. The property offers the option to either continue its current use as an income-producing rental property or embark on a redevelopment project. Notably, the property's value could potentially increase with the installation of a traffic light at the intersection. The prospect of improved traffic flow and accessibility would likely make the location even more desirable, thereby impacting pricing positively. For potential investors, the property presents multiple possibilities. They can choose to maintain the current rental setup, benefiting from the existing income while exploring development options. Alternatively, they can pursue a redevelopment project by going through the entitlement process, leveraging the rental income to offset some of the development costs. Overall, the property is considered a prime development site due to its size, frontage, location on a corner, and the expected installation of a traffic light. It offers opportunities for both immediate income generation and long-term development potential.

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Getting around

  • 43/100

    Walk Score ®

  • 27/100

    Bike Score ®

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Location

  • City Perkasie, PA
  • Zip Code 18944
  • Market Philadelphia

Points of Interest

  • Chalfont

    6.25 miles

  • Doylestown

    6.62 miles

  • Dublin Gas

    0.67 miles

  • Scholl's

    2.74 miles

  • US Gas

    2.79 miles

  • Wawa

    3.56 miles

  • Gulf

    5.31 miles

  • Shell

    5.59 miles

  • BP

    5.63 miles

  • Sunoco

    5.71 miles

  • ChargePoint

    6.11 miles

  • Tesla Supercharger

    7.08 miles

  • Hike and Bike Path Parking

    3.54 miles

  • Peace Valley Park Hike & Bike Trail Parking

    3.76 miles

  • Three Mile Run Boat Access

    4.04 miles

  • Plumsteadville inn

    3.57 miles

  • Galvanized America Inn and Art Gallery

    4.99 miles

  • Weisel Youth Hostel

    5.22 miles

  • The Washington House Hotel & Restaurant

    5.29 miles

  • Sevenoaks Farm

    5.44 miles

  • Main Street Inn

    5.78 miles

  • Doylestown Inn

    6.45 miles

  • Hargrave House Bed & Breakfast

    6.51 miles

  • Highland Farm

    7.13 miles

  • Hatfield Motel

    7.22 miles

  • Shop n' Bag

    0.44 miles

  • Giant

    3.27 miles

  • Landis Supermarket

    4.51 miles

  • Altomonte's Italian Market

    5.19 miles

  • Marshalls

    5.30 miles

  • Weis

    5.66 miles

  • Acme

    5.77 miles

  • Target

    5.78 miles

  • Simply Fresh by McCaffrey’s

    6.39 miles

  • Main Street Marketplace

    6.47 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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