Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

101 S State St Newtown, PA 18940

FOR LEASE
Turn key restaurants
Property ID
US73-0151038
3,642 SF 0.08 ac lot Built 1747
Last sale Dec 2023 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Thorton House is a historically themed restaurant/tavern space located in the center of historic downtown Newtown, Pennsylvania, occupying a corner position on the main downtown street. The property includes approximately 4,500 square feet of interior space and sits on a lot of about 0.08 acres. The space is configured for use as a restaurant or tavern, and it includes a full liquor license. The building dates to the pre-Revolutionary War era.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$58k
Assessed land$11k
Assessed improvement$47k
Effective rate18.29%

Value estimate

· Nov 2026
$1.58M
$1.42M – $1.73M
AI approach$1.63M
NOI build-up
Gross scheduled income$22k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 97.18% cap applied$16k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
County average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$155 – $515
Qualifying comparables5

Cap rate analysis

How does the asset earn?
97.18%
$16k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
VC
JurisdictionBUCKS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.1
Convenience Store9.9
Locksmith9.3

Location

101 S State St Newtown, PA 18940
County assessor Recorded deeds · 12 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
290 Sycamore, Newtown, PA 18940 $15,375,000 Mar 2025 3,360 SF
121 Lincoln, Newtown, PA 18940-2213 $875,000 Nov 2024 3,654 SF
2295 2nd St, Newtown, PA 18940-4105 $500,000 Sep 2022 3,674 SF
98 Silver Lk, Newtown, PA 18940 $900,000 Jan 2022 3,778 SF
803 Park, Newtown, PA 18940-9617 $535,000 Apr 2021 2,932 SF
861 Newtown Yardley, Newtown, PA 18940-1720 $2,275,000 Mar 2021 2,775 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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