Property profile

22 Lincoln Hwy Penndel, PA 19047

OFF-MARKET
Retail space
Property ID
US73-0973000
6,064 SF 0.17 ac lot Built 1920
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a mixed-use, multi-unit building comprising street-level storefront commercial space and four residential units on a 0.17-acre lot with approximately 6,000 square feet of total living area. The storefront includes a front parking area, a handicap-accessible bathroom, a dedicated mini-split heating and cooling system, and access to a basement that can serve as additional storage. The residential component consists of four units with rear entrance access and private parking, and each unit includes eat-in kitchens with solid wood white cabinetry, granite countertops with undermount sinks, subway-style backsplash, and stainless steel appliances; bathrooms feature solid wood white vanities, granite countertops, tile/tub surrounds, and ventilation fans. The interiors include generously sized bedrooms with wall-to-wall carpeting, upgraded cork flooring, recessed lighting, ample closet storage, in-unit electrical breaker panels, and individual HVAC systems. The two downstairs units are mirror layouts with 2 bedrooms, 1.5 bathrooms, spacious living areas, and private decks, while the two upstairs units are mirror layouts with 2 bedrooms and 1 bathroom on the main level, plus a third bedroom/loft space on the third floor. The building was rebuilt from the foundation up, including new electrical, plumbing, HVAC systems, electric meters, insulation, sheetrock, basement waterproofing and sump pumps, a replaced roof, exterior improvements, a rear parking lot, and new windows. The property is located centrally within the Neshaminy school district and is within walking distance of Cairn University and the Langhorne commuter train station.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 6,064 SF
Lot 0.17 ac (7,318 SF)
Zoning code RC
APN 32-005-009
UPID US73-0973000

Cap rate & NOI

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

Location

22 Lincoln Hwy Penndel, PA 19047-5240
Penndel metro Census 101100 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2020
Last sale
$340,000
2 recorded transactions
2025
Price N/A
2020
$340,000

Zoning & alternative use

RC · Penndel, PA
Zoning description

RC Retail Commercial District. The purpose and intent of this district is to provide areas for modern office, retail, personal service and related uses. Standards are included to promote the grouping of retail and servic…

General category COMMERCIAL

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 22 Lincoln Hwy?
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