Property profile

194 Pne St Langhorne, PA 19047

OFF-MARKET
Grocery and convenience stores
Property ID
US73-2374472
15,600 SF 3.86 ac lot Built 1969
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1969
Total area 15,600 SF
Lot 3.86 ac (168,307 SF)
Zoning code C
APN 18-004-110
UPID US73-2374472

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist
  • Bank Credit Union

Location

194 Pne St Langhorne, PA 19047-2141
Langhorne metro Census 106100 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.49M
Comparable Approach Comparable
$4.76M
Blend (final) Blend
$455k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Langhorne, PA
Zoning description

Replacement of Water Heaters, Furnaces, A/C condensers, Heat Pumps, etc. Installation of New Air Handlers, Furnaces & A/C condensers for a 2 nd Zone, Ductless Mini-Split systems, etc. Water heater, furnaces, A/C Conversi…

General category COMMERCIAL
Top alternative use upside
Restaurant $5.1M +56.9%
Auto repair, garage $4.9M +51.0%
Apartment house (5+ units) $4.3M +32.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 194 Pne St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message