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Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Drive through restaurants
1462 Lincoln Hwy Langhorne, PA 19047-3007
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2110080
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1980
Total area
4,717 SF
Lot
1.56 ac (67,779 SF)
Zoning code
C
APN
22-047-002-001
UPID
US73-2110080
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
-
MrBeast Burger Restaurant
-
Friendly's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.69M
Owner & transaction history
1462 E Lincoln Hwy LLC · 3 yrs held
1462 E Lincoln Hwy LLC
since 2023
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
C · Langhorne, 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
$2,735,000
ML approach
$2,820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±10% · vs last sale $2.60M (Jun 22 2023)
Last sale anchor
$2.60M
Jun 22 2023
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
$570 / 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
$37,358
Tax year 2024
Assessed value
$171,600
Assessed 2024
Previous assessed
$171,600
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$74,560
Assessed improvement
$97,040
Land market value
$1,021,365
Improvement market value
$1,329,309
Total market value
$2,350,674
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1980
Heating
CENTRAL
Cooling
YES
Stories
1
Units
190
Total area
4,717 SF
Lot
1.56 ac (67,779 SF)
Zoning code
C
APN
22-047-002-001
UPID
US73-2110080
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Langhorne, PA
Zoning C · permitted uses
C · Langhorne, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Langhorne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
190
Lot
1.56 ac
Current owner
From public records · entity-resolved
1462 E Lincoln Hwy LLC
Entity
Mailing address
10 MELROSE AVE #450, MOUNT LAUREL, MS
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2023
$2,600,000
1462 E Lincoln Hwy LLC
Jb Realty Investmetn LLC
Deed
$1,820,000 · S & T Bank
Jan 30, 2023
—
Aark Hospitality Langhorne Fr LLC
Jb Realty Investment LLC
Lease
$1,725,000 · Republic First Bank
Jan 17, 2018
$2,525,000
Jb Realty Investment LLC
1462 E Lincoln LLC
Deed
$1,983,750 · American Bank
Aug 31, 2017
—
1462 E Lincoln LLC
—
Deed
related
$315,000 · Republic First Bank
Jun 3, 2016
—
1462 E Lincoln Langhorne LLC
—
Deed
related
$600,000 · Republic First Bank
Nov 10, 2015
$1,365,000
1462 E Lincoln Langhorne LLC
Pension Benefit Guaranty Corporatio
Deed
$2,227,000 · Republic First Bank
Jan 23, 2015
—
Friendly Ice Cream Corp Pp Of Trust
Friendly Ice Cream Pp Of Tr
Quit Claim Deed
—
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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