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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Office buildings
1400 Veterans Hwy Levittown, PA 19056-2115
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2538424
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
12,556 SF
Lot
1.61 ac (70,210 SF)
Zoning code
R1
APN
22-053-005
UPID
US73-2538424
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
-
Marion Lisa M Physician
-
Cherian Tina M Physician
-
STR Behavioral Health - Bucks County Medical Clinic
-
Luscombe Herbert J MD Pediatrician Physician
-
Guttman Michael MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.81M
Owner & transaction history
Bfc Property LLC · 9 yrs held
Bfc Property LLC
since 2016
6 recorded transactions
Zoning & alternative use
R1 · Levittown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.0M
+15.5%
Auto repair, garage
$2.9M
+12.2%
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 Levittown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Levittown 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,600,000
Current use
COMMERCIAL (GENERAL)
$3,005,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,920,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$2,485,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,275,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10%
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
$144 / 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
$28,870
Tax year 2024
Assessed value
$132,610
Assessed 2024
Previous assessed
$188,160
-29.5% YoY
Effective rate
21.77%
On assessed value
Assessed land
$20,880
Assessed improvement
$111,730
Land market value
$286,026
Improvement market value
$1,530,541
Total market value
$1,816,567
Applied tax rate
22.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1984
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
12,556 SF
Lot
1.61 ac (70,210 SF)
Zoning code
R1
APN
22-053-005
UPID
US73-2538424
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Levittown, PA
Zoning R1 · permitted uses
R1 · Levittown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Levittown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RETAIL STORES
Est. value
$2.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
Bfc Property LLC
Entity
Mailing address
376 AUBREY RD, WYNNEWOOD, PA 19096-1800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2017
—
Bfc Property LLC
—
Trustees Deed
related
$99,900 · Mark Scherluebbe
Oct 11, 2016
$1,825,000
Bfc Property LLC
1400 New Rodgers Road LLC
Deed
$1,368,750 · Bucks County Bank
Apr 6, 2005
$1,650,000
1400 New Rodgers Road LLC
David E Mino
Deed
$1,485,000 · Manufacturers & Traders Trust Co
—
—
1400 New Rodgers Road LLC
—
Deed Of Trust
related
$1,200,000 · Bucks County Bank
—
—
David E Mino
—
Deed Of Trust
related
$582,000 · Citizens Bank Pennsylvania
—
—
David E Mino
—
Deed Of Trust
related
$395,000 · Mellon Bank
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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