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Property profile & analytics
OFF-MARKET
Estimated value
$1,345,000
Retail space
1568 Woodbourne Rd Levittown, PA 19057-1508
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-5958802
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
6,337 SF
Lot
1 ac (43,560 SF)
Zoning code
P
APN
22-055-200
UPID
US73-5958802
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
-
HARMON C. STEIN M.D Ophthalmologist
-
Total Eye Care Center: Sardi Vincent MD Ophthalmologist
-
Total Eye Care Center: Cianni Raymond M OD Physician
-
Christine R. Nicholson O.D. Physician
-
Johnson Louisa OD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$1.35M
Owner & transaction history
1568 Woodbourne Road Partners LP · 20 yrs held
1568 Woodbourne Road Partners LP
since 2006
3 recorded transactions
Zoning & alternative use
P · Levittown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+63.8%
Apartment house (5+ units)
$1.7M
+38.0%
Medical building
$1.6M
+24.6%
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%
$1,535,000
6.5%
$1,415,000
7%
$1,315,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,255,000
Current use
RESTAURANT
$2,055,000
Change: +64% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,730,000
Change: +38% · Conversion: Difficult
MEDICAL BUILDING
$1,565,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,515,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,475,000
Change: +17% · Conversion: Difficult
OFFICE BUILDING
$1,310,000
Change: +5% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,145,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$212 / 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
$18,803
Tax year 2024
Assessed value
$86,370
Assessed 2024
Previous assessed
$86,370
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$15,000
Assessed improvement
$71,370
Land market value
$205,479
Improvement market value
$977,667
Total market value
$1,183,146
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1972
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
6,337 SF
Lot
1 ac (43,560 SF)
Zoning code
P
APN
22-055-200
UPID
US73-5958802
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
P · Levittown, PA
Zoning P · permitted uses
P · 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
RETAIL STORES Current
Est. value
$1.3M
RESTAURANT
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1972
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
1568 Woodbourne Road Partners LP
Entity
Mailing address
1568 WOODBOURNE RD, LEVITTOWN, PA 19057-1508
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2006
$570,000
1568 Woodbourne Road Partners LP
John E Lambros
Deed
$456,000 · Commerce Bank NA
—
—
John E Lambros
—
Deed Of Trust
related
$300,000 · Founders National Bank
—
—
1568 Woodbourne Road Ptrs
—
Deed Of Trust
related
$500,000 · Manufacturers & Traders Trust
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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