Technical
Financial
Distress signals
Property profile

122 Main St New Hope, PA 18938

OFF-MARKET
Retail space
Property ID
US73-2039941
4,819 SF 0.23 ac lot Built 1840
Individually Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1840
Total area 4,819 SF
Lot 0.23 ac (9,801 SF)
Zoning code CC
APN 27-010-166
UPID US73-2039941

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
  • Art Gallery
  • Art Gallery
  • Interior Design Home Decor Store

Location

122 Main St New Hope, PA 18938-1202
New Hope metro Census 104400 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
$1.08M
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$995k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · New Hope, PA
Zoning description

rticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…

General category COMMERCIAL
Top alternative use upside
Medical building $1.2M +24.6%
Auto repair, garage $1.1M +17.3%
Office building $1.0M +4.6%

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
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?”
You own 122 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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