Financial
Distress signals
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.
Saved · see the list in your Dashboard
Market Trends Soon

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?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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 8 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 comparables8

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 8 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 · 10 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message