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Property profile & analytics

172 Middletown Blvd Langhorne, PA 19047

  • Office Properties & Spaces
  • 1,343 SF
Value Estimation
Last Sale
Feb 24, 2023
$180,000
Location Intelligence
Property ID
US73-3017167
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Nourish Me Nutrition Therapy / Dietitian / Diabetologist
  • Jambro Robert D MD / Internist
  • Jay G. Friedberg, M.D. / Ophthalmologist
  • Oxford Valley Eye Associates / Ophthalmologist
  • Law Offices of Paul R. Weber / Personal Injury Attorney / Attorney

Property Details for 172 Middletown Blvd

Year built
1984
Property size
1,343 SF
Zone code
GB
Property type
Office Properties & Spaces
APN
22-040-029-005-0B1
APU
220400290050B1

Description

This exceptional turnkey medical spa business is located in Langhorne, Pennsylvania, at 172 Middletown Blvd, in a high-income area. The 1,400-square-foot space, situated on a 3.5-acre lot, boasts a brand-new, impressive fit-out completed in 2024. The property, a Class B, single-tenant office building constructed in 1989 and renovated this year, includes a spacious reception area, four private treatment rooms, a break room, storage, an administrative/flex room, and two bathrooms. Twenty parking spaces are available for clients and staff. The building is a condominium and sits in a prime location, offering substantial exposure at the gateway to Oxford Valley Mall and directly across from a new 611-unit luxury apartment complex and the Oxford Valley Medical complex. The current net lease is $2,400 per month plus utilities, with no CAM fees or real estate taxes. The asking price for the business is $300,000, which includes all equipment (approximately $600,000 original cost, three years old), materials, supplies, inventory, client list, and registered business name. All technicians, who are nurses or nurse practitioners, will remain with the business. The real estate is available for an additional $300,000, allowing for a combined purchase price of $550,000. SBA financing is available for qualified buyers with as little as 10% down

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $190,000
  • CAP approach

    CAP return
    Estimation
    6%
    $170,000
    6.5%
    $185,000
    7%
    $175,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $170,000
    Geo Method
    $160,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $190,000
    Retail
    $195,000
    Mixed-Use
    $145,000
    Hospitality
    $175,000
    Educational
    $190,000
    Residential Income
    $195,000
    Energy
    $165,000
    Income-Based Land
    $175,000
    Food Service
    $195,000

Location Insight

  • Map
  • Local Demand
City
Langhorne
County
Bucks
State
Pennsylvania
Longitude
-74.8825
Latitude
40.1798
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,778
$0.00
$12,760
$12,760
-
$0.00
$174,794
$174,794
More about this property
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