1841 Lincoln Hwy Langhorne, PA 19047-5041
Property profile & analytics
1841 Lincoln Hwy, Langhorne, PA 19047-5041
- Auto shops
- 9,348 SF
- 0.64 lot acres
Property ID
US73-2780380
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Maaco Auto Body Shop & Painting / Auto Repair Shop
Property Details for 1841 Lincoln Hwy
- Year built
- 1967
- Lot size
- 0.64 lot acres
- Zone code
- R2
- Property type
- Auto shops
- APN
- 22-016-126-001
- APU
- 22016126001
Description
This fee-simple property, located at 1841 W Lincoln Hwy in Langhorne, Pennsylvania (zip code 19047), presents a compelling value-add investment opportunity. The 9,036 square foot building sits on a 0.79-acre lot and is currently 100% occupied by a Maaco franchisee under a Net Net Net (NNN) lease expiring October 1, 2027 (2.9 years remaining). The asking price is $1,443,000, representing a price per square foot of $159.69 and a land value of $42.07 per square foot. The property generates a current Net Operating Income (NOI) of $93,763, resulting in a 6.50% capitalization rate. Annual rent increases are the lesser of 3% or the Consumer Price Index (CPI), offering inflation protection. The property is zoned C (Commercial), allowing for potential alternative uses given its size and high traffic location (approximately 27,000 vehicles daily). The property is situated in the Philadelphia MSA, benefiting from a population of approximately 235,000 residents within a 5-mile radius. This single-story building offers a recession-resistant investment in the auto body repair industry, with no lease options remaining. The property's location on West Lincoln Highway provides excellent visibility and accessibility.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,344,000
Market price range: $1.34M - $4.84M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Langhorne
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.9379
- Latitude
- 40.1536
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$10,641
$17,520
$31,360
$48,880
-
$239,999
$429,587
$669,586
