1502 Haines Rd Levittown, PA 19055
This exceptional 2.03-acre commercial property in Levittown, Pennsylvania, presents a lucrative redevelopment opportunity. Located on Bristal Pike, near I-95 exit 6, this income-producing site boasts four existing retail buildings with four tenants, one owner-occupied office for property management, and a three-bedroom apartment. Additionally, the property generates income from month-to-month leases for 41 container storage units and 10 outdoor fenced storage yards. Zoning approval is already in place for a 107-unit modern self-storage facility, with architect and engineer plans included in the sale price of $2,400,000. These plans allow for the retention of the existing retail buildings. Alternatively, the site is well-suited for redevelopment into a community retail strip center, a quick-service restaurant (QSR) pad site, or a car wash. The property's prime location and existing cash flow make it an attractive investment for developers seeking significant returns. The sale includes zoning approval, architect plans, and engineer plans for the self-storage project. Note that the build-out of the storage buildings and any groundwork are not included in the sale price. The projected annual rental income for the proposed 107 self-storage units ranges from 3'x6' to 8'x30' and is estimated at $16,238.00. This property offers a unique blend of immediate income and substantial future development potential.
-
Ponticelli Pizzeria & Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.