Office and Medical
For Sale
Contact for pricing
1609 Woodbourne Rd, Levittown, PA 19057
Well-maintained office or medical space with a functional, flexible floorplan and immediate occupancy.
Property Size1,000 SF
Price / SF$175
Days on Market304
Property Features for 1609 Woodbourne Rd
General Information
Standard status
Active
Size
1,000 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Listing Agency:
SVN | Ahia
(215) 757-2500
Listed By:
Monika Polakevic, CCIM · License ##RS293807
(609) 577-7538
Source:
Moodyscre
Added: Nov 14, 2025
Changed: Sep 11
Last Checked: Sep 13 at 10:59AM
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 SVN | Ahia
Investment Insights
Based on property information with market context.
This well-maintained office and medical space offers a functional, flexible floorplan and is suitable for office or medical use. The property is available for sale or lease and provides immediate occupancy, supporting near-term move-in needs. Exterior maintenance responsibilities are described as minimal.
The location is presented as convenient for business and consumer access and is proximate to densely populated residential neighborhoods. The remarks also note an amenities-rich area with nearby shopping, restaurants, and hotels, along with close proximity to major routes including Route 13, U.S. Highway 1, Interstate 95, and the Pennsylvania Turnpike.
Overall, the space is positioned as an office-focused facility with adaptable interior layout options and straightforward occupancy timing.
The location is presented as convenient for business and consumer access and is proximate to densely populated residential neighborhoods. The remarks also note an amenities-rich area with nearby shopping, restaurants, and hotels, along with close proximity to major routes including Route 13, U.S. Highway 1, Interstate 95, and the Pennsylvania Turnpike.
Overall, the space is positioned as an office-focused facility with adaptable interior layout options and straightforward occupancy timing.
Key Highlights
- Available for sale or lease for office or medical use
- Well maintained in excellent condition with a functional, flexible floorplan
- Available for immediate occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,722
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,440
$314.4K
Cap Rate 7%
$224,600
$224.6K
Cap Rate 9%
$174,689
$174.7K
Market Conditions
NOI Build-Up for 1,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.0K $26.04/SF
− Vacancy
−$5.1K −$5.08/SF
EGI
$21.0K $20.96/SF
− OpEx
−$5.2K −$5.24/SF
NOI
$15.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$314,440
Cap Rate 7%
$224,600
Cap Rate 9%
$174,689
Alternative Uses
Best Use
Office B
$224.6K
$196.5K – $262.0K
NOI $15,722 @ 7.0% cap · market cap 8.98%
Second Best
Healthcare Medical
$197.6K
$172.9K – $230.6K
NOI $13,835 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$303.2K
$265.3K – $353.7K
NOI $21,223 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained office or medical space with a functional, flexible floorplan and immediate occupancy.
Where is this office units located?
The property is located at 1609 Woodbourne Rd Levittown, PA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Available for sale or lease for office or medical use; Well maintained in excellent condition with a functional, flexible floorplan; Available for immediate occupancy
