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Property profile & analytics
FOR SALE
Warehouses

8 Queen Anne Ct Langhorne, PA 19047

234,642 SF 10.65 ac lot Built 1973
Entity Owned 4-yr Hold Free & Clear
Property ID
US73-1008653
Property summary
AI-generated overview

This exceptional 237,867-square-foot warehouse, situated on a 12.87-acre lot in Langhorne, Pennsylvania, presents a compelling opportunity for both users and investors. Built in 1973, the property boasts impressive features including 29 loading docks (all with levelers), a spacious truck court (100' north, 120' south), and ample parking (104 spaces total, including 32 trailer stalls in an adjacent lot). The warehouse features high ceilings ranging from 23'6" to 31', column spacing of 50'W x 40'D, and a drive-in door measuring 12' x 14'. The building's interior includes 16,422 square feet of office space, which is available for separate lease. The property benefits from heavy power (up to 4000 amps), full air conditioning, T-5 fluorescent lighting, and an oil-fired heating system with warehouse AC units. Safety is ensured with an ordinary hazard sprinkler system. Its strategic location just off Route 1 and I-295 provides easy access to major transportation arteries, including the PA Turnpike (8.5 miles) and the NJ Turnpike (17 miles). Real estate taxes are $148,193. An adjacent fenced-in lot is also available. Building dimensions are approximately 310'-330' deep by 700' wide.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Total area 234,642 SF
Lot 10.65 ac (464,001 SF)
Zoning code PIP
APN 13-003-008-012
UPID US73-1008653
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
  • Rite Aid Warehouse & Storage
  • Dyer's Auto & Truck Services Auto Repair Shop
  • Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$36.93M
Comparable Approach Comparable
$26.41M
Blend (final) Blend
$33.56M
Owner & transaction history
P A Dragon LLC · 4 yrs held
P A Dragon LLC
since 2021
Last sale
$33.2M
5 recorded transactions
2021
$33.2M
2020
$16.8M
2020
$8.2M
2004
Price N/A
2004
$673,321
Zoning & alternative use
PIP · Langhorne, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $48.5M +37.8%
Office building $45.0M +27.7%
Neighborhood: shopping center $42.5M +20.7%
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More about this property
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