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    Property profile & analytics

    15 Main St New Hope, PA 18938-1320

    • Turn key restaurants
    • 6,200 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $3,350,000
    Last Sale
    Jul 21, 2021
    $3,000,000
    Location Intelligence
    Property ID
    US73-1942211
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wax N Scent Studio / Candle Store
    • Sunbeam General Store / General Store
    • Oldestone Steakhouse / Fine Dining Restaurant / Restaurant

    Property Details for 15 Main St

    Year built
    1872
    Lot size
    0.23 lot acres
    Property size
    6,200 SF
    Zone code
    CC
    Property type
    Turn key restaurants
    APN
    27-010-050
    APU
    27010050

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,935,000
      6.5%
      $2,710,000
      7%
      $3,300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,210,000
      Geo Method
      $3,255,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,025,000
      Retail
      $3,335,000
      Mixed-Use
      $2,965,000
      Hospitality
      $2,670,000
      Educational
      $2,625,000
      Residential Income
      $3,490,000
      Energy
      $2,545,000
      Income-Based Land
      $3,445,000
      Food Service
      $3,215,000

    Location Insight

    • Map
    • Local Demand
    City
    New Hope
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -74.9517
    Latitude
    40.3638
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $29,728
    $37,800
    $156,960
    $194,760
    -
    $517,806
    $2,150,128
    $2,667,934

    Comparable in this City

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      4728 Riv Rd

      RESTAURANT • 10,571 SF
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      RESTAURANT • 4,530 SF
      1600 Riv Rd, New Hope, PA 18938-9333
      View Details

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    Similar Nearby for Lease

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      Prime Commercial Space in New Hope

      Exceptional commercial rental opportunity in the heart of historic New Hope.
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      Prime Retail Space in New Hope

      Rare retail opportunity in the heart of iconic New Hope.
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    • $3,000 /Mo

      Office Space in New Hope

      Commercial lease opportunity in a desirable New Hope location.
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    • $5,500 /Mo

      Office Space For Rent

      Office space available for rent.
      28 S Main St, New Hope, PA 18938
      View Details

    Property Visit Statistics

    • Visits by month
      7.0k
    • Visitors by month
      3.9k
    • Avg Time on site
      20 min
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    15 Main St
    New Hope, PA 18938-1320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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