Two-Level Office Suite with
For Sale
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105 CORPORATE DRIVE #E, Langhorne, PA 19047
Two-level office suite with reception, open work areas, conference room, kitchen, and ADA bathroom.
Property Size2,880 SF
Price / SF$0.01
Days on Market100
Property Features for 105 CORPORATE DRIVE #E
General Information
Standard status
Active
Size
2,880 SF
Property subtype
Commercial
Lease Type
NNN
Amenities
reception area
three private offices
open work space
two partitioned work spaces
ADA bathroom
large conference room
two private offices (radio studio)
large kitchen
storage areas
second bathroom
emergency exit
hardwire Cat-5 network wall jacks
LED overhead lighting
full sized refrigerator
microwave
prewired for plasma displays
newer carpeting
new emergency and exit signage
condo association fee covers common area maintenance and insurance
Building Details
Year Built
1990
Stories
2
Listing Agency:
RE/MAX Properties
(215) 968-7400
Listed By:
Daniel J McCloskey · License #AB050673L
(215) 669-8333
Source:
Cummingsrealtors
Added: Jul 16
Changed: Oct 19
Last Checked: Oct 19 at 10:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Properties
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Investment Insights
Based on property information with market context.
Modern, well maintained office space arranged over two levels within the Luxembourg Corporate Center. The main floor includes a reception area, three private offices, a large open work space, two partitioned work spaces, and an ADA bathroom. The lower level features a large conference room, two private offices (one currently used as a radio studio), a large kitchen, multiple storage areas, a second bathroom, and an emergency exit to the rear first floor vestibule.
Additional improvements include hardwired Cat-5 network wall jacks throughout, LED overhead lighting throughout, newer carpeting, and prewiring for plasma displays. A full sized refrigerator and microwave are included. The space also has updated emergency and exit signage throughout.
As part of a condo arrangement, the association fee is $916/month and covers common area maintenance and common area insurance.
Additional improvements include hardwired Cat-5 network wall jacks throughout, LED overhead lighting throughout, newer carpeting, and prewiring for plasma displays. A full sized refrigerator and microwave are included. The space also has updated emergency and exit signage throughout.
As part of a condo arrangement, the association fee is $916/month and covers common area maintenance and common area insurance.
Key Highlights
- Two‑level office suite in Luxembourg Corporate Center built in 1990
- Approx. 1,400+ SF on each level with reception, open work areas, and multiple private offices
- Lower level includes a large conference room, two private offices (one used as a radio studio), kitchen, and storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,278
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,560
$905.6K
Cap Rate 7%
$646,829
$646.8K
Cap Rate 9%
$503,089
$503.1K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$75.0K $26.04/SF
− Vacancy
−$14.6K −$5.08/SF
EGI
$60.4K $20.96/SF
− OpEx
−$15.1K −$5.24/SF
NOI
$45.3K $15.72/SF
Area
Bucks County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,560
Cap Rate 7%
$646,829
Cap Rate 9%
$503,089
Alternative Uses
Best Use
Office B
$646.8K
$566.0K – $754.6K
NOI $45,278 @ 7.0% cap · market cap 301,853.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.2K
$764.0K – $1.02M
NOI $61,123 @ 7.0% cap · market cap 407,486.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
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Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Two-level office suite with reception, open work areas, conference room, kitchen, and ADA bathroom.
Where is this office unit located?
The property is located at 105 CORPORATE DRIVE #E Langhorne, PA.
What are key features of this property?
This property features: Two‑level office suite in Luxembourg Corporate Center built in 1990; Approx. 1,400+ SF on each level with reception, open work areas, and multiple private offices; Lower level includes a large conference room, two private offices (one used as a radio studio), kitchen, and storage areas
