Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    69 Zimmerman Ln Langhorne, PA 19047-5892

    • Manufacturing properties
    • 21,886 SF
    • 6.09 lot acres
    OFF-MARKET
    Value Estimations
    $1,475,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0160662
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • American Buildpro Inc / Advertising Agency
    • Home City Ice / Ice Supplier
    • Morning Start Services / Vending Machine Supplier
    • Cabinets Atelier / Cabinet Maker
    • American Build Pro / General Contractor / Construction Company

    Property Details for 69 Zimmerman Ln

    Year built
    1971
    Lot size
    6.09 lot acres
    Property size
    21,886 SF
    Zone code
    M1
    Property type
    Manufacturing properties
    APN
    05-016-012
    APU
    5016012

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,928,000
      Market price range: $1.91M - $5.21M
      AI Estimate
      $888,000
      Market price range: $743k - $2.06M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Langhorne
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.8964
    Latitude
    40.1318
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $29,482
    $55,640
    $52,920
    $108,560
    -
    $762,188
    $724,928
    $1,487,116

    Comparable in this City

    • Value Estimation
      $1,675,000
      17,477 SF

      2320 Big Oak Rd

      MANUFACTURING (LIGHT) • 17,477 SF
      2320 Big Oak Rd, Langhorne, PA 19047-1910
      View Details
    • Value Estimation
      $640,000
      8,700 SF

      201 Lincoln Hwy

      MANUFACTURING (LIGHT) • 8,700 SF
      201 Lincoln Hwy, Penndel, PA 19047-4029
      View Details
    • Value Estimation by Request
      4,852 SF

      564 Langhorne Newtown Rd

      MANUFACTURING (LIGHT) • 4,852 SF
      564 Langhorne Newtown Rd, Langhorne, PA 19047-1524
      View Details
    • Value Estimation by Request
      4,980 SF

      125 Lincoln Ave

      MANUFACTURING (LIGHT) • 4,980 SF
      125 Lincoln Ave, Penndel, PA 19047-5215
      View Details
    • Value Estimation
      $1,390,000
      18,547 SF

      2475 Big Oak Rd

      MANUFACTURING (LIGHT) • 18,547 SF
      2475 Big Oak Rd, Langhorne, PA 19047-1913
      View Details
    • Value Estimation
      $625,000
      9,310 SF

      564 Langhorne Newtown Rd

      MANUFACTURING (LIGHT) • 9,310 SF
      564 Langhorne Newtown Rd, Langhorne, PA 19047-1524
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Flex Space in Penndel

      22282 sqft flex space suitable for many business types.
      50 Hulmeville Ave #4, Penndel, PA 19047
      View Details
    • $3,515,000

      Industrial Unit in Convenient Location

      46875.06 sqft industrial unit with easy transportation access.
      50 Hulmeville Ave #6, Penndel, PA 19047
      View Details
    • $1,521,000

      Flex/Industrial Space For Sale

      Flex/Industrial space in great location, suited for many businesses.
      50 Hulmeville Ave #5, Penndel, PA 19047
      View Details
    • Contact for pricing
      237,867 SF

      Industrial Warehouse Building For Sale

      245,000 SF Class B industrial warehouse building available.
      8 Queen Anne Ct, Langhorne, PA 19047
      View Details
    • $295,000

      Commercial Flex Building Near Transit

      1,600 SF commercial/flex building near transportation and major routes.
      27 W Lincoln Hwy, Langhorne, PA 19047
      View Details
    • Contact for pricing
      1.24 Acres

      Langhorne Office Suite - Maple Square

      Prime Office Space, Excellent Location
      370 Maple Ave, Langhorne, PA 19047
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      64,402 SF

      Langhorne Warehouse Space Available

      35,710 SF warehouse space with convenient highway access.
      835 Wheeler Way, Langhorne, PA 19047
      View Details
    • Contact for pricing

      Langhorne Warehouse/Distribution Space Available

      One-story industrial building suitable for warehouse and distribution purposes.
      2151 Cabot Blvd West Langhorne, Langhorne, PA 19047
      View Details
    • Contact for pricing
      40,817 SF

      Langhorne Industrial Flex Space

      40,817 SF Flex Warehouse, Prime Location
      2021 Cabot Blvd, Langhorne, PA 19047
      View Details
    • Contact for pricing
      104,074 SF

      Langhorne Warehouse Space Available

      104,074 SF warehouse space for lease in Langhorne.
      2251 Cabot Blvd, Langhorne, PA 19047
      View Details
    • Contact for pricing
      453,110 SF

      Langhorne Industrial Distribution Warehouse

      453,110 SF industrial warehouse with cross-dock loading.
      1620 Old Lincoln Hwy, Langhorne, PA 19047
      View Details
    • Contact for pricing
      22,000 SF

      Stand-Alone Industrial Building with Upgraded Office

      22,000 SF industrial building with upgraded office and heavy power.
      2005 Cabot Blvd W, Langhorne, PA 19047
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    69 Zimmerman Ln
    Langhorne, PA 19047-5892
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.