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Property profile & analytics
FOR LEASE
Turn key restaurants
1321 W Broad St Quakertown, PA 18951
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-2710545
For Lease
$12 SF/Yr
1321 W Broad St, Quakertown, PA 18951
View Listing →
Property summary
AI-generated overview
This 7,000-square-foot retail space, formerly a brew-house, is available for lease at 1321 W Broad St in Quakertown, Pennsylvania. Located on West Broad Street, this single-tenant building offers significant renovation potential. The existing structure is ready for customization to suit a new tenant's specific business needs. The property features a recently installed HVAC system with four split-system heating and cooling units, ensuring energy efficiency and year-round comfort. Three ADA-compliant restrooms are included, enhancing accessibility. Ample parking is provided with over 50 private spaces located behind the building. The space boasts a brand-new epoxy floor, ideal for high-traffic areas. Security is enhanced with six new 360-degree view Alibi Witness security cameras. The property is zoned NC and situated in Bucks County. This presents a unique opportunity to establish a business in a thriving Quakertown community. The building's existing infrastructure provides a solid foundation for a variety of retail or restaurant concepts.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Total area
6,698 SF
Lot
0.33 ac (14,549 SF)
Zoning code
NC
APN
35-002-046
UPID
US73-2710545
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
-
Dougherty Dennis J Physician
-
Dallas Robert L Physician
-
Clemens Jocelyn L Physician
-
Vitale Angela M Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Krevitz Family LP · 10 yrs held
Krevitz Family LP
since 2016
3 recorded transactions
Zoning & alternative use
NC · Quakertown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Quakertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quakertown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,760
Tax year 2024
Assessed value
$38,550
Assessed 2024
Previous assessed
$38,550
+0.0% YoY
Effective rate
20.13%
On assessed value
Assessed land
$8,880
Assessed improvement
$29,670
Land market value
$121,643
Improvement market value
$406,437
Total market value
$528,080
Applied tax rate
35.0000
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
For Lease
Year built
1992
Heating
CENTRAL
Cooling
YES
Stories
1
Total area
6,698 SF
Lot
0.33 ac (14,549 SF)
Zoning code
NC
APN
35-002-046
UPID
US73-2710545
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
NC · Quakertown, PA
Zoning NC · permitted uses
NC · Quakertown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quakertown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Krevitz Family LP
Entity
Mailing address
2385 JOHN FRIES HWY, QUAKERTOWN, PA 18951-6009
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
Krevitz Family Limited Partnership
—
Deed
related
$250,000 · Merchants Bank Of Bangor
Nov 12, 2019
—
Krevitz Family Limited Partnership
—
Deed
related
$250,000 · Merchants Bank Of Bangor
Feb 1, 2016
$325,000
Krevitz Family LP
St Lukes Quakertown Hospital
Grant Deed
—
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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