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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7024 Bristol Pike Levittown, PA 19057

    • Office buildings
    • 1,105 SF
    • 0.29 lot acres
    For Lease
    View listing
    $3,000 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1637902
    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

    • Royal Mobile Food Truck / Restaurant

    Property Details for 7024 Bristol Pike

    Year built
    1950
    Lot size
    0.29 lot acres
    Property size
    1,105 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    05-074-135
    APU
    5074135

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Levittown
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.8349
    Latitude
    40.1277
    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
    $7,930
    $20,240
    $8,960
    $29,200
    -
    $277,259
    $122,739
    $399,998

    Comparable in this City

    • Value Estimation
      $2,150,000
      15,000 SF

      2000 Hartel Ave

      OFFICE BUILDING (MULTI-STORY) • 15,000 SF
      2000 Hartel Ave, Levittown, PA 19057-4523
      View Details
    • Value Estimation by Request
      2,598 SF

      5729 Bristol Emilie Rd

      OFFICE BUILDING • 2,598 SF
      5729 Bristol Emilie Rd, Levittown, PA 19057-2601
      View Details
    • Value Estimation by Request
      480 SF

      7002 Bristol Pike

      OFFICE BUILDING • 480 SF
      7002 Bristol Pike, Levittown, PA 19057-4708
      View Details
    • Value Estimation
      $2,295,000
      16,200 SF

      1981 Hartel Ave

      OFFICE BUILDING • 16,200 SF
      1981 Hartel Ave, Levittown, PA 19057-4505
      View Details
    • Value Estimation
      $2,425,000
      17,060 SF

      2060 Hartel Ave

      OFFICE BUILDING • 17,060 SF
      2060 Hartel Ave, Levittown, PA 19057-4510
      View Details
    • Value Estimation
      $640,000
      4,000 SF

      1201 Edgely Rd

      OFFICE BUILDING • 4,000 SF
      1201 Edgely Rd, Levittown, PA 19057-4801
      View Details

    Similar Nearby for Sale

    • $518,500
      4,000 SF

      Levittown Office Building - Great Exposure!

      4,000 sq ft Office/Warehouse, High Visibility
      5921 Bristol Emilie Rd Rd, Levittown, PA 19057
      View Details
    • $1,200,000
      0.15 Acres

      Remodeled Commercial Building in Levittown

      Turnkey commercial building in high-traffic area, suitable for medical or professional.
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      Medical Office Condominium For Sale

      Turn-key medical office in Woodbourne Professional Center.
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    • $180,000
      1,000 SF

      Levittown Office Space: Move-In Ready

      1,000 sq ft office, prime location, ample parking.
      1609 A Ave, Levittown, PA 19057
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    • Contact for pricing
      0.15 Acres

      Remodeled Commercial Building in Levittown

      Remodeled commercial building in high-traffic area, ideal for medical practices.
      1005 Green Ln, Levittown, PA 19057
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    • $1,996,000
      480 SF

      Levittown Retail Investment Opportunity

      High-traffic retail property, huge income potential.
      7002-7004 Bristol Pike, Levittown, PA 19057
      View Details

    Similar Nearby for Lease

    • New
      $3,000 /Mo

      LEVITTOWN, PA Office Space

      Office space available for lease in LEVITTOWN, PA.
      7024 Bristol Pike, Levittown, PA 19057
      View Details
    • $5 SF/Yr
      54,400 SF

      Levittown Industrial Space for Rent

      94,100 SF industrial space on 9.73 acres available.
      6200 Bristol Pike, Levittown, PA 19057
      View Details
    • Contact for pricing
      11,955 SF

      Levittown Industrial Building For Rent

      11,955 SF industrial building with convenient highway access.
      1961 Hartel St, Levittown, PA 19057
      View Details
    • Contact for pricing
      1,340 SF

      Levittown Retail Space For Lease

      1,340 sq ft Shopping Center Space
      1247 Woodbourne Rd, Levittown, PA 19057
      View Details
    • $5,000 /Mo

      Retail Space in High-Traffic Strip

      Two 2500 sq ft retail units available for immediate occupancy.
      4153-4157 Woerner Ave, Levittown, PA 19057
      View Details
    • $1,250 /Mo

      Retail Space in High-Traffic Location

      Retail spaces available in high-traffic strip mall, ready for immediate occupancy.
      4153 Woerner Ave, Levittown, PA 19057
      View Details
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    7024 Bristol Pike
    Levittown, PA 19057
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    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
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