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    102 Rd Hatboro, PA 19040
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    102 Rd Hatboro, PA 19040

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    • Investment properties
    • 0.06 lot acres
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 102 Rd

    Year built
    1950
    Lot size
    0.06 lot acres
    Property type
    Investment properties

    Description

    This thriving Hatboro, PA restaurant, located in the heart of the business district, presents a unique investment opportunity. The well-established business boasts a loyal customer base, built over years of providing high-quality home-style breakfast and lunch options. With seating for 75 patrons inside and an additional 16 outside, the restaurant enjoys a prime location on Main Street. A successful catering operation complements the dine-in service, catering to numerous corporate clients and events. The current hours of operation are 6 AM to 2 PM, seven days a week, offering potential for expansion into evening hours and a BYOB option to increase revenue. The 0.06-acre property benefits from upcoming residential developments in the area, promising increased foot traffic and potential for growth. The sale includes fixtures, furniture, and equipment (see documents for a complete list). This turnkey operation is ideal for an experienced restaurateur or someone looking to transition from a food truck to a brick-and-mortar location. The seller is motivated and seeking offers. This is a chance to own a vital part of the Hatboro community and capitalize on its exciting future. Please respect the owner's privacy and do not approach employees during business hours.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hatboro
    County
    MONTGOMERY
    State
    Pennsylvania
    Longitude
    -75.1233
    Latitude
    40.1681

    Comparable in this City

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      35 York Rd

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    • Value Estimation by Request
      1,944 SF

      2515 Easton Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,944 SF
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    • Value Estimation by Request
      2,427 SF

      461 Warminster Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,427 SF
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    • Value Estimation
      $1,085,000
      12,329 SF

      335 York Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 12,329 SF
      335 York Rd, Hatboro, PA 19040-3417
      View Details
    • Value Estimation
      $510,000
      4,121 SF

      34 York Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,121 SF
      34 York Rd, Hatboro, PA 19040-3326
      View Details
    • Value Estimation by Request
      3,124 SF

      44 York Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,124 SF
      44 York Rd, Hatboro, PA 19040-3326
      View Details

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      Leased Retail Strip Center

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      Hatboro Manufacturing and Warehouse Space

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    • New
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    102 Rd
    Hatboro, PA 19040
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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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    102 Rd, Hatboro, PA, 19040
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