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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Turn key restaurants
109 Quarry Rd Downingtown, PA 19335-3419
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-0941699
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2011
Total area
7,599 SF
Lot
17.08 ac (743,831 SF)
Zoning code
OC3
APN
4002 00930200
UPID
US73-0941699
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
-
My Gym Gym & Fitness Center
-
LA Fitness Gym & Fitness Center
-
Amazon Hub Locker - Hangar Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.04M
Owner & transaction history
Paramount Quarry LLC · 10 yrs held
Paramount Quarry LLC
since 2016
7 recorded transactions
Zoning & alternative use
OC3 · Downingtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.6M
+80.8%
Apartment house (5+ units)
$1.4M
+60.6%
Office building
$1.4M
+57.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$900,000
Current use
AUTO REPAIR, GARAGE
$1,625,000
Change: +81% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,445,000
Change: +61% · Conversion: Difficult
OFFICE BUILDING
$1,415,000
Change: +57% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,015,000
Change: +13% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$965,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±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
$137 / 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
$255,593
Tax year 2024
Assessed value
$7,228,500
Assessed 2024
Previous assessed
$6,692,610
+8.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$1,679,250
Assessed improvement
$5,549,250
Land market value
$1,679,250
Improvement market value
$5,862,950
Total market value
$7,542,200
Applied tax rate
40.0000
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
2011
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
9
Total area
7,599 SF
Lot
17.08 ac (743,831 SF)
Zoning code
OC3
APN
4002 00930200
UPID
US73-0941699
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
OC3 · Downingtown, PAZoning OC3 · permitted uses
OC3 · Downingtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$900,000
AUTO REPAIR, GARAGE
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$965,000
RESTAURANT Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
2011
Heating
FORCED AIR
Cooling
Yes
Buildings
9
Lot
17.08 ac
Current owner
From public records · entity-resolved
Paramount Quarry LLC
Entity
Mailing address
1195 HWY 70, LAKEWOOD, NJ 08701-5946
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2016
—
Paramount Quarry LLC
Downingtown Quary Assocaites LP
Special Warranty Deed
$14,625 · Beneficial Bank
Jul 19, 2013
—
Downingtown Quarry Assocs LP
—
Grant Deed
related
$2,663,000 · Susquehanna Bank
Aug 13, 2010
—
Downingtown Quarry Assocs LP
—
Deed Of Trust
related
$10,500,000 · Susquehanna Bank
Feb 11, 2008
$5,000,000
Downingtown Quarry Assoc LP
Downingtown,quarry
Grant Deed
related
—
Dec 24, 2007
$5,000,000
Downingtown Quarry Assocs
Hanson Aggregates Pennsylvania
Grant Deed
$3,000,000 · Susquehanna Bank
—
—
Downingtown Quarry Assocs LP
—
Deed Of Trust
related
$860,000 · Susquehanna Bk
—
—
Andree Brown Quarry LLC
—
Deed Of Trust
related
$300,000 · Beneficial 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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