2050 Cabot W Blvd, Langhorne, PA 19047-1851
- Office buildings
- 28,000 SF
- 6.47 lot acres
Current Use by Public Records
- Dentaurum / Medical Supply Store
- Techdow USA Inc. / Factory / Production Facility
- Hepalink USA Inc. / Factory / Production Facility
- SVN - Ahia Commercial Real Estate / Real Estate Agency
- Virtus Pharmaceuticals / Pharmacy
Property Details for 2050 Cabot W Blvd
- Year built
- 1975
- Lot size
- 6.47 lot acres
- Zone code
- M1
- Property type
- Office buildings
- APN
- 22-057-008-006
- APU
- 22057008006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 26, 2018 | — | Olymbec USA LLC | — | Deed · related | $23.3M · Pnc Bk |
| Sep 19, 2017 | — | Olymbec USA LLC | — | Grant Deed · related | $3.5M · Pnc Bk |
| Jun 1, 2017 | $4,975,000 | Olymbec USA LLC | Penguin Lincoln LP | Grant Deed | — |
| Jun 10, 2013 | — | Penguin Cabot LP | — | Deed Of Trust · related | $4.9M · Susquehanna Bank |
| Jun 12, 2006 | $9,000,000 | Penguin Cabot | 2050 Cabot Boulevard West | Grant Deed | $7M · State Farm Life Insurance Co |
| May 25, 1999 | — | 2050 Cabot Boulevard West LP | — | Deed Of Trust · related | $5.1M · Manufacturers Life Insurance |
| — | — | Olymbec USA LLC | — | Loan Modification · related | $23.3M · Pnc Bk |
Description
This exceptional office opportunity in Langhorne, Pennsylvania, offers 6,259 square feet of immediately available space within a two-building complex totaling 30,000 square feet. Located in the Lower Bucks County submarket, this property boasts a convenient location within the Bucks County Business Park, providing easy access to area amenities. The modern, two-story buildings, constructed in 1974 and renovated in 1990, feature elevator service, a comprehensive sprinkler system, and ADA compliance. The generous 300-space parking lot offers a 5:1000 parking ratio, ensuring ample parking for tenants and their guests. The property sits on a sizable 6.4-acre lot, zoned M-1. The available space is divisible, with a minimum of 2,411 square feet and a maximum contiguous space of 6,259 square feet. A recently proposed plan outlines two potential suites of 2,411 and 3,881 square feet. This thoughtfully designed and well-constructed property presents a compelling opportunity for businesses seeking high-quality office space in a desirable location. The property's address is 2050 Cabot Blvd W, Langhorne, PA 19047, with a cross street of Oxford Valley Rd and APN 22-05-008-006. The property is multi-tenant and offers a blend of modern amenities and convenient access.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,825,000
- 6.5%
- $7,225,000
- 7%
- $6,710,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,760,000
- AI Estimate
- $5,881,000
Market price range: $3.92M - $7.20MMarket price range: $3.41M - $7.72M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,365,000 Current use
- RESTAURANT
- $9,080,000 Change: +69% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $8,745,000 Change: +63% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $7,650,000 Change: +43% Conversion: Easy
- MEDICAL BUILDING
- $6,910,000 Change: +29% Conversion: Easy
- RETAIL STORES
- $5,790,000 Change: +8% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $5,070,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Langhorne
- County
- Bucks
- State
- Pennsylvania
- Longitude
- -74.876
- Latitude
- 40.192
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
