Medical Office Building with
For Sale
$1,689,000
1568 Woodbourne Rd, Levittown, PA 19057
Flexible professional facility with medical buildout, multiple offices, updated systems, and zoning that supports varied permitted uses.
Property Size6,300 SF
Lot Size1.00 Acre
Price / SF$268.10
Days on Market47
Property Features for 1568 Woodbourne Rd
General Information
Standard status
Active
Size
6,300 SF
Lot size
1.00 Acre
Property subtype
Office
Zoning
P – Professional District
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Building Details
Year Built
1987
Buildings
1
Stories
2
Building Size
6,300 SF
Tenancy
Single
Listing Agency:
Coldwell Banker Hearthside
Listed By:
Jacqueline Hillgrube · License #0787193
(267) 350-5555
Source:
Commercialcafe
Added: Sep 5
Changed: Oct 12
Last Checked: Oct 20 at 5:45PM
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 Coldwell Banker Hearthside
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Investment Insights
Based on property information with market context.
This approximately 6,300-square-foot medical office property occupies approximately one acre and includes more than 5,000 square feet on the first floor plus approximately 1,300 square feet upstairs. The main level contains eight examination rooms, three physician offices, a diagnostic area, laboratory space, retail display area, reception and waiting areas, three ADA-compliant restrooms, a kitchenette, and multiple storage areas. The upper level adds flexible open space, two private offices, a conference room, full kitchen, restroom, and oversized storage room.
Recent property improvements include paved parking areas, a silicone roof, updated rooftop HVAC systems, and a newer hot water heater. The site offers more than 150 feet of frontage on Woodbourne Road, daily traffic exceeding 25,000 vehicles, and a lighted monument sign. P zoning supports medical and dental operations as well as other professional, service-oriented, educational, daycare, and permitted uses subject to township approval. The property is approximately 1.8 miles from Jefferson Health, 5 miles from St. Mary Medical Center, and 12 miles from Capital Health's main campus, with access to I-95, Route 1, rail service, and SEPTA bus routes.
Recent property improvements include paved parking areas, a silicone roof, updated rooftop HVAC systems, and a newer hot water heater. The site offers more than 150 feet of frontage on Woodbourne Road, daily traffic exceeding 25,000 vehicles, and a lighted monument sign. P zoning supports medical and dental operations as well as other professional, service-oriented, educational, daycare, and permitted uses subject to township approval. The property is approximately 1.8 miles from Jefferson Health, 5 miles from St. Mary Medical Center, and 12 miles from Capital Health's main campus, with access to I-95, Route 1, rail service, and SEPTA bus routes.
Key Highlights
- Approximately 6,300 square feet on approximately one acre
- Eight examination rooms, three physician offices, diagnostic area, laboratory, and retail display space
- More than 150 feet of frontage with daily traffic exceeding 25,000 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$99,046
Cap Rate
5.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,980,920
$2.0M
Cap Rate 7%
$1,414,943
$1.4M
Cap Rate 9%
$1,100,511
$1.1M
Market Conditions
NOI Build-Up for 6,300 SF
Gross rent
$164.1K $26.04/SF
− Vacancy
−$32.0K −$5.08/SF
EGI
$132.1K $20.96/SF
− OpEx
−$33.0K −$5.24/SF
NOI
$99.0K $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%
$1,980,920
Cap Rate 7%
$1,414,943
Cap Rate 9%
$1,100,511
Alternative Uses
Best Use
Office B
$1.41M
$1.24M – $1.65M
NOI $99,046 @ 7.0% cap · market cap 5.86%
Second Best
Healthcare Medical
$1.25M
$1.09M – $1.45M
NOI $87,159 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,707 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19057, PA
16,916
Population
6,452
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,845
Density / Sq Mi
$95,089
Median Household Income
$48,682
Median Earnings
$1,518
Median Rent
$299,900
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Flexible professional facility with medical buildout, multiple offices, updated systems, and zoning that supports varied permitted uses.
Where is this medical office space located?
The property is located at 1568 Woodbourne Rd Levittown, PA.
What is the asking price?
The asking price for this property is $1,689,000.
What are key features of this property?
This property features: Approximately 6,300 square feet on approximately one acre; Eight examination rooms, three physician offices, diagnostic area, laboratory, and retail display space; More than 150 feet of frontage with daily traffic exceeding 25,000 vehicles
