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Property profile & analytics
FOR LEASE
Office buildings
2222 Trenton Rd Levittown, PA 19056
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US73-0447245
No photos on file
For Lease
$1,500/Mo
2222 Trenton Rd, Levittown, PA 19056
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1965
Total area
6,282 SF
Lot
0.51 ac (22,016 SF)
Zoning code
P
APN
22-050-215-001
UPID
US73-0447245
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
-
Tim Marino - State Farm Insurance Agent Insurance Agency
-
Choice One Church Mosque
-
David & Sons Plumbing & Heating Plumbing Service General Contractor
-
Middletown Township Tax Collector, Ray Chapman Tax Collector'S Office
-
JOHN H GALLAGHER JR DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$857k
Blend (final)
Blend
$915k
Owner & transaction history
Raymond Chapman · 25 yrs held
Raymond Chapman
since 2001
7 recorded transactions
Zoning & alternative use
P · Levittown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+15.5%
Auto repair, garage
$1.5M
+12.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Levittown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Levittown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,300,000
Current use
COMMERCIAL (GENERAL)
$1,505,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,460,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,245,000
Change: -4% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,135,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$146 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,257
Tax year 2024
Assessed value
$42,520
Assessed 2024
Previous assessed
$42,520
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$8,760
Assessed improvement
$33,760
Land market value
$119,999
Improvement market value
$462,464
Total market value
$582,463
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1965
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
6,282 SF
Lot
0.51 ac (22,016 SF)
Zoning code
P
APN
22-050-215-001
UPID
US73-0447245
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
P · Levittown, PA
Zoning P · permitted uses
P · Levittown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Levittown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
RETAIL STORES
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Raymond Chapman
Individual
Mailing address
2222 TRENTON RDB2, LEVITTOWN, PA 19056-1400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
Raymond Chapman
—
Deed
related
$600,000 · Inspire FCU
Jan 24, 2001
$500,000
Raymond Chapman
Naples,jerry F & Marie M
Grant Deed
$500,000 · Jerry & Marie
—
—
Raymond Chapman
—
Deed Of Trust
related
$150,000 · Bucks County Bank
—
—
Raymond Chapman
—
Deed Of Trust
related
$150,000 · Bucks County Bank
—
—
Raymond J Chapman
—
Deed Of Trust
related
$260,000 · Bucks County Bank
—
—
Raymond J Chapman
—
Deed Of Trust
related
$620,000 · Bucks County Bank
—
—
Raymond J Chapman
—
Deed Of Trust
related
$448,137 · Jerry & Marie Naples
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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