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Property profile & analytics
OFF-MARKET
Estimated value
$4,575,000
Community centers
Lincoln Hwy Langhorne, PA 19047
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2216482
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1986
Total area
30,200 SF
Lot
3.43 ac (149,411 SF)
Zoning code
GB
APN
22-040-029-007
UPID
US73-2216482
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$4.58M
Owner & transaction history
Woodbourne Square Partners LLC · 7 yrs held
Woodbourne Square Partners LLC
since 2018
3 recorded transactions
Zoning & alternative use
GB · Langhorne, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Langhorne Borough
Top alternative use upside
Medical building
$7.5M
+36.3%
Retail stores
$6.2M
+14.2%
Office building
$5.8M
+5.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Langhorne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Langhorne submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$5,470,000
Current use
MEDICAL BUILDING
$7,455,000
Change: +36% · Conversion: Difficult
RETAIL STORES
$6,245,000
Change: +14% · Conversion: Easy
OFFICE BUILDING
$5,785,000
Change: +6% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,625,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$4.58M
Range $4.12M – $5.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$151 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$126,704
Tax year 2024
Assessed value
$582,000
Assessed 2024
Previous assessed
$582,000
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$112,080
Assessed improvement
$469,920
Land market value
$1,535,336
Improvement market value
$6,437,232
Total market value
$7,972,568
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1986
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
30,200 SF
Lot
3.43 ac (149,411 SF)
Zoning code
GB
APN
22-040-029-007
UPID
US73-2216482
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GB · Langhorne, PAZoning GB · permitted uses
GB · Langhorne, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Langhorne Borough
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$7.5M
RETAIL STORES
Est. value
$6.2M
OFFICE BUILDING
Est. value
$5.8M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
Woodbourne Square Partners LLC
Entity
Mailing address
PO BOX 190, BOULDER, CO 80306-0190
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2018
$6,850,000
Woodbourne Square Partners LLC
Bre Retail Residual Woodbourne Squa
Deed
$5,200,000 · First Priority Bank
Apr 8, 2004
—
Woodbourne Square Assocs
Woodburne Square Associates
Quit Claim Deed
related
$2,700,000 · Bear Stearns Commercial Mtg
Jan 7, 1998
$2,969,655
Woodburne Square Associates LP
Parcel Eleven-cjp Associates
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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