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Property profile & analytics
OFF-MARKET Estimated value $960,000
Medical Office Space

2040 Lincoln Hwy Langhorne, PA 19047-3036

4,496 SF 2.5 ac lot Built 2005
Individually Owned 27-yr Hold ~ Est. High Equity
Property ID
US73-2815072
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Total area 4,496 SF
Lot 2.5 ac (108,900 SF)
Zoning code C
APN 22-040-027
UPID US73-2815072
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
  • TD Bank Bank Loan Service
  • Dharshan Premaratne - TD Wealth Financial Advisor Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$955k
Comparable Approach Comparable
$947k
Blend (final) Blend
$960k
Owner & transaction history
Scott G Frentrop · 27 yrs held
Scott G Frentrop
since 1998
1 recorded transaction
1998
$604,070
Zoning & alternative use
C · Langhorne, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Conversions of Oil to Gas, Gas to Electric, Electric to Gas, Propane, Etc. Chimney Liners Generators Roof Replacements Decks Finished Basements New…

Zone name Commercial
General category COMMERCIAL
Zone area 16.36 ac
Source Langhorne Borough
Top alternative use upside
Auto repair, garage $1.4M +26.5%
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