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Property profile & analytics
OFF-MARKET
Turn key restaurants

115 Mnr Ave Millersville, PA 17551-1113

1,250 SF 1.06 ac lot Built 1940
Individually Owned 24-yr Hold ~ Est. High Equity
Property ID
US73-5930281
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction FRAME
Total area 1,250 SF
Lot 1.06 ac (46,174 SF)
Zoning code R1
APN 440-77021-0-0000
UPID US73-5930281
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Joseph Picone · 24 yrs held
Joseph Picone
since 2002
1 recorded transaction
2002
$160,000
Zoning & alternative use
R1 · Millersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

R1 Low-Density Residential District: to provide for low-density residential neighborhoods that are primarily composed of single-family detached dwellings; to protect these areas from incompatible uses; to encourage owner-occupancy and neighborhood stability; to promote traditional patterns of development, extending the best features of older development into…

Zone name Low Density Residential
General category RESIDENTIAL
Zone area 653.57 ac
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