Property profile

124 Gay St West Chester, PA 19380

OFF-MARKET
Turn key restaurants
Property ID
US73-1198026
3,240 SF 0.07 ac lot Built 1860
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1860
Total area 3,240 SF
Lot 0.07 ac (2,846 SF)
Zoning code TC
APN 0109 01460000
UPID US73-1198026

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
  • Alternative Medicine Practice
  • Charitable Organization Social Service Agency
  • Tattoo & Piercing Shop
  • Bar & Pub Nightclub

Location

124 Gay St West Chester, PA 19380-3147
West Chester metro Census 302600 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
by Request
Comparable Approach Comparable
$683k
Blend (final) Blend
$640k

Owner & transaction history

since 2020
Last sale
$471,428
2 recorded transactions
2023
Price N/A
2020
$471,428

Zoning & alternative use

TC · West Chester, PA
Zoning description

-304 Permitted uses. § 112-305 General design standards. § 112-306 NC-1 Neighborhood Conservation District. § 112-307 NC-2 Neighborhood Conservation District. § 112-308 NC-3 Neighborhood Conservation District. § 112-309…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $965,000 +2.9%

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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