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Property profile & analytics
OFF-MARKET
Turn key restaurants
109 Lancaster Ave Downingtown, PA 19335-2917
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-2614381
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1884
Total area
2,650 SF
Lot
0.04 ac (1,566 SF)
Zoning code
C2
APN
1108 00350000
UPID
US73-2614381
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
Current use
Occupant on record · Public records
-
All Star Images Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
107 E Lancaster LLC · 8 yrs held
107 E Lancaster LLC
since 2018
7 recorded transactions
Zoning & alternative use
C2 · Downingtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Downingtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Downingtown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,369
Tax year 2024
Assessed value
$104,620
Assessed 2024
Previous assessed
$104,620
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$41,840
Assessed improvement
$62,780
Land market value
$41,840
Improvement market value
$62,780
Total market value
$104,620
Applied tax rate
11.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1884
Heating
HOT WATER
Cooling
NONE
Total area
2,650 SF
Lot
0.04 ac (1,566 SF)
Zoning code
C2
APN
1108 00350000
UPID
US73-2614381
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Downingtown, PAZoning C2 · permitted uses
C2 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1884
Heating
HOT WATER
Cooling
Yes
Lot
0.04 ac
Current owner
From public records · entity-resolved
107 E Lancaster LLC
Entity
Mailing address
16 DONEGAL LN, DOWNINGTOWN, PA 19335-6200
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2018
$1,250,000
107 E Lancaster LLC
E3 Ventures LLC
Grant Deed
—
Jan 12, 2017
—
E 3 Ventures LLC
—
Deed
related
$922,500 · Beneficial Bank
Sep 14, 2016
$127,000
E 3 Ventures LLC
Downingtown Inv Assocs INC
Grant Deed
—
Sep 14, 2016
—
Downingtown Inv Assocs INC
Charles,marguerite W
Grant Deed
related
—
Apr 8, 1999
$110,000
Downingtown Investment Assoc
Charles,robert J & Marguerite W
Grant Deed
—
—
—
Downingtown Invs Assocs INC
—
Deed Of Trust
related
$160,000 · Meridian Bk
—
—
Downingtown Invs Assocs INC
—
Loan Modification
related
$165,000 · Meridian Bk
—
—
Downingtown Invs Assocs INC
—
Loan Modification
related
$200,000 · Meridian Bk
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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