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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Medical Office Space
2300 Trenton Rd Levittown, PA 19056-1423
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-2738722
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
5,160 SF
Lot
0.34 ac (14,792 SF)
Zoning code
P
APN
22-050-215-002
UPID
US73-2738722
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
-
Baner Colleen D Physician
-
Penn Therapy & Fitness Levittown Medical Clinic
-
Hand & Orthopedic Physical Therapy Associates Physician
-
Deborah Reich Physician
-
Jolanda Piotti Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.10M
Owner & transaction history
Douglas F Armstrong · 9 yrs held
Douglas F Armstrong
since 2016
7 recorded transactions
Zoning & alternative use
P · Levittown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+31.4%
Apartment house (5+ units)
$1.4M
+10.7%
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%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,275,000
Current use
RESTAURANT
$1,675,000
Change: +31% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,410,000
Change: +11% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,235,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,200,000
Change: -6% · Conversion: Difficult
OFFICE BUILDING
$1,070,000
Change: -16% · Conversion: Easy
RETAIL STORES
$1,020,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±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
$212 / 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
$24,644
Tax year 2024
Assessed value
$113,200
Assessed 2024
Previous assessed
$113,200
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$10,000
Assessed improvement
$103,200
Land market value
$136,986
Improvement market value
$1,413,693
Total market value
$1,550,679
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1984
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
5,160 SF
Lot
0.34 ac (14,792 SF)
Zoning code
P
APN
22-050-215-002
UPID
US73-2738722
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
MEDICAL BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1984
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Douglas F Armstrong
Individual
Mailing address
2300 TRENTON RD, LEVITTOWN, PA 19056-1423
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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 12, 2016
$333,940
Douglas F Armstrong
Rinehimer,william E
Grant Deed
related
—
Jul 17, 2014
—
Wram Realty Associates
Walsh,mark T
Quit Claim Deed
—
—
—
Mark T Walsh
—
Deed Of Trust
related
$530,000 · First Priority Bank
—
—
Wram Realty Assn
—
Deed Of Trust
related
$50,000 · First Priority Bank
—
—
Rinehimer,william E
—
Deed Of Trust
related
$700,000 · First Priority Bk
—
—
Mark T Walsh
—
Deed Of Trust
related
$250,000 · Wachovia Bank NA
—
—
Mark T Walsh
—
Deed Of Trust
related
$160,000 · First Priority Bank
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.
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