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Property profile & analytics
FOR LEASE
Drive through restaurants
121 W Lincoln Hwy Langhorne, PA 19047
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-2466935
For Lease
1 / 5
Contact for pricing
121 W Lincoln Hwy, Langhorne, PA 19047
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Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1979
Total area
3,654 SF
Lot
1.01 ac (44,100 SF)
Zoning code
RC
APN
32-003-122
UPID
US73-2466935
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$875k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$671k
Blend (final)
Blend
$875k
Owner & transaction history
121 W Lincoln Highway LLC · 1 yrs held
121 W Lincoln Highway LLC
since 2024
Last sale
$875,000
7 recorded transactions
Zoning & alternative use
RC · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Langhorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Langhorne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$875,000
ML approach
$875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $875k (Nov 6 2024)
Last sale anchor
$875k
Nov 6 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$239 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$30,098
Tax year 2024
Assessed value
$134,680
Assessed 2024
Previous assessed
$134,680
+0.0% YoY
Effective rate
22.35%
On assessed value
Assessed land
$41,840
Assessed improvement
$92,840
Land market value
$573,148
Improvement market value
$1,271,775
Total market value
$1,844,923
Applied tax rate
32.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1979
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
3,654 SF
Lot
1.01 ac (44,100 SF)
Zoning code
RC
APN
32-003-122
UPID
US73-2466935
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RC · Newtown, PAZoning RC · permitted uses
RC · Newtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1979
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
121 W Lincoln Highway LLC
Entity
Mailing address
1921 ST RD, BENSALEM, PA 19020-2804
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2024
$875,000
121 W Lincoln Highway LLC
Engage 121 Lincoln Hwy LLC
Deed
—
Oct 30, 2024
$444,239
Engage 121 Lincoln Hwy LLC
Lincoln Hwy Real Estate LLC
Deed
—
Jun 14, 2024
$400,000
Lincoln Hwy Real Estate LLC
Engage 121 Lincoln Hwy LLC
Warranty Deed
—
Aug 4, 2021
$720,000
Engage 121 Lincoln Hwy LLC
Family Dining INC
Deed
—
Jun 1, 2018
—
Family Dining INC
—
Grant Deed
related
$1,516,850 · Branch Bk&tr
Oct 4, 2017
—
Family Dining INC
—
Grant Deed
related
$1,050,000 · Branch Bk&tr
Jan 18, 2017
—
Family Dining INC
—
Deed Of Trust
related
$1,600,000 · Branch Bk&tr
Sep 6, 2016
—
Family Dining INC
—
Grant Deed
related
$6,900,000 · Branch Bk&tr
Aug 20, 2003
—
Family Dining INC
—
Deed Of Trust
related
$21,500,000 · Citicorp Leasing INC
—
—
Family Dining INC
—
Loan Modification
related
$17,632,339 · Branch Bk&tr
—
—
Family Dining INC
—
Loan Modification
related
$4,158,806 · Branch Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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