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Property profile & analytics
OFF-MARKET Estimated value $2,020,000
Community centers

123 Woodbourne Rd Langhorne, PA 19047-3016

16,080 SF 2.66 ac lot Built 1964
Individually Owned 17-yr Hold Free & Clear
Property ID
US73-5987496
Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1964
Total area 16,080 SF
Lot 2.66 ac (115,826 SF)
Zoning code C
APN 22-040-025-003
UPID US73-5987496
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
Current use
Occupant on record · Public records
  • Pantry 1 Grocery & Convenience Store
  • ATM Atm
  • Amazon Locker - Site Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.67M
Blend (final) Blend
$2.02M
Owner & transaction history
Middletown Township · 17 yrs held
Middletown Township
since 2008
2 recorded transactions
2008
$160,000
2003
$250,000
Zoning & alternative use
C · Langhorne, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Replacement of Water Heaters, Furnaces, A/C condensers, Heat Pumps, etc. Installation of New Air Handlers, Furnaces & A/C condensers for a 2 nd Zone, Ductless Mini-Split systems, etc. Water heater, furnaces, A/C Conversions of Oil to Gas, Gas to Electric, Electric to Gas, Propane, Etc. Chimney Liners Generators Roof Replacements Decks Finished Basements New…

Zone name Commercial
General category COMMERCIAL
Zone area 16.36 ac
Source Langhorne Borough
Top alternative use upside
Retail stores $3.3M +14.2%
Office building $3.1M +5.8%
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