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    OFF-MARKET
    Commercial real estate

    935 Old Lincoln Hwy, Morrisville, PA 19067

    3 ac lot Built 1950
    Entity Owned 1-yr Hold
    Property ID
    US73-2699353
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a 3-acre commercial land parcel in Morrisville, Pennsylvania, ideally situated on Business Route 1 with over 48,000 vehicles per day. The property boasts 193 feet of frontage and a depth of 676 feet, offering excellent visibility and accessibility. Currently improved with a 12,346 square foot free-standing restaurant/banquet hall building constructed in 1950, and a separate 1,932 square foot residential dwelling. The site benefits from 95 parking spaces and is zoned HC, allowing for abundant permitted uses. Located within close proximity to over 1,000 apartment units within a one-mile radius, this property presents a prime development opportunity for retail or restaurant uses. Public utilities are available on-site, and the level topography simplifies development. Convenient access to US-1, Interstate 95/295, and the Pennsylvania Turnpike provides easy access to Philadelphia and Princeton, New Jersey markets. The property's APN is 13-028-039. Asking price is $2,950,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1950
    Lot 3 ac (130,680 SF)
    APN 13-028-039
    UPID US73-2699353
    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
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Safstor Old Lincoln LLC · 1 yrs held
    Safstor Old Lincoln LLC
    since 2025
    1 recorded transaction
    2025
    $2.5M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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