Property profile

2343 Lincoln Hwy Langhorne, PA 19047

OFF-MARKET
Community centers
Property ID
US73-0379006
67,269 SF 6.09 ac lot Built 1997
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1997
Total area 67,269 SF
Lot 6.09 ac (265,368 SF)
Zoning code C
APN 22-040-026-010
UPID US73-0379006

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Carpet & Flooring Store Hardware & Home Improvement

Location

2343 Lincoln Hwy Langhorne, PA 19047-1812
Langhorne metro Census 100803 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$11.67M
CAP Approach CAP
$16.09M
Comparable Approach Comparable
$12.42M
Blend (final) Blend
$16.51M

Owner & transaction history

since 2021
Last sale
$18.7M
7 recorded transactions
2021
Price N/A
2014
$13.1M
2000
Price N/A
1999
Price N/A
1999
$9.9M
1997
$2.7M
1969
Price N/A

Zoning & alternative use

C · Langhorne, PA
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 Conversi…

General category COMMERCIAL
Top alternative use upside
Restaurant $21.8M +79.2%
Auto repair, garage $21.0M +72.5%
Apartment house (5+ units) $18.4M +50.9%

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
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