Technical
Financial
Distress signals
Property profile

1201 Lancaster Ave Downingtown, PA 19335

OFF-MARKET
Turn key restaurants
Property ID
US73-3419119
7,400 SF 2.7 ac lot Built 2012
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

A freestanding office building is located on E. Lancaster Avenue, just off the Exton Bypass of Route 30, with frontage that provides visibility and opportunities for building signage. The building contains 2,550 square feet of space, including a fully built-out first floor with seven perimeter offices, a kitchenette, and a drive-thru. Architectural features include a double-height entryway. The property has dedicated parking and shares access with two adjacent restaurants.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2012
Total area 7,400 SF
Lot 2.7 ac (117,612 SF)
Zoning code R1
APN 4002 00670000
UPID US73-3419119

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Credit Union

Location

1201 Lancaster Ave Downingtown, PA 19335-5367
Downingtown metro Census 304000 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$1.17M

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2001
$30,800
1969
Price N/A

Zoning & alternative use

R1 · Downingtown, PA
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%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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