1501 Lincoln Hwy Woodbourne, PA 19047
- Commercial real estate
- 107,717 SF
- 10.94 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1501 Lincoln Hwy
- Year built
- 1964
- Lot size
- 10.94 lot acres
- Property size
- 107,717 SF
- Zone code
- C
- Property type
- Commercial real estate
- APN
- 22-047-011-002
- APU
- 22047011002
Description
This exceptional 1.88-acre outparcel, situated at 1501 East Lincoln Highway in Langhorne, Pennsylvania (zip code 19047), presents a remarkable opportunity for retail development. The property, classified as a multi-tenant retail pad site, offers significant potential for businesses seeking high visibility and convenient access. With a total land area of 1.88 acres, the site provides ample space for construction and ample parking. The address is conveniently located on East Lincoln Highway, ensuring high traffic volume and excellent exposure to potential customers. This location offers easy access to major roadways, making it an ideal spot for businesses targeting a wide customer base. The property is zoned for retail use, simplifying the development process. This is a rare opportunity to secure a prime retail location in a thriving area of Langhorne, Pennsylvania. The site's size and location make it suitable for a variety of retail concepts, from fast-food restaurants to larger retail stores. Interested parties are encouraged to explore the possibilities this exceptional property offers. The property is available for lease and offers a blank canvas for a new retail venture. Detailed site plans and zoning information are available upon request. This is a unique opportunity to establish a strong retail presence in a high-traffic area.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,365,000
- 6.5%
- $5,875,000
- 7%
- $5,460,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $10,757,000
- AI Estimate
- $9,709,000
Market price range: $9.30M - $22.9MMarket price range: $8.93M - $20.1M
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Location Insight
- Map
- Local Demand
- City
- Langhorne
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.8911
- Latitude
- 40.1705
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA