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    Property profile & analytics

    16 Meadowbrook Rd Wayne, PA 19087-2511

    • Turn key restaurants
    • 7,000 SF
    • 1.20 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Location Intelligence
    Property ID
    US73-2929149
    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

    • PinKarate / Karate School / Kickboxing School
    • Calico / Furniture Store
    • PSI360 / Association Or Organization

    Property Details for 16 Meadowbrook Rd

    Year built
    1953
    Lot size
    1.20 lot acres
    Property size
    7,000 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    4311F01700000
    APU
    4311F01700000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $580,000
      6.5%
      $540,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $565,000
      Geo Method
      $630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $615,000
      Mixed-Use
      $535,000
      Hospitality
      $515,000
      Educational
      $640,000
      Residential Income
      $640,000
      Energy
      $645,000
      Income-Based Land
      $600,000
      Food Service
      $605,000

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.4062
    Latitude
    40.047
    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
    $19,537
    $311,360
    $243,290
    $554,650
    -
    $311,360
    $298,420
    $609,780

    Comparable in this City

    • Value Estimation
      $840,000
      5,056 SF

      767 Lancaster Ave

      RESTAURANT • 5,056 SF
      767 Lancaster Ave, Wayne, PA 19087-2514
      View Details
    • Value Estimation
      $500,000
      3,359 SF

      735 Lancaster Ave

      RESTAURANT • 3,359 SF
      735 Lancaster Ave, Strafford, PA 19087-2514
      View Details
    • Value Estimation
      $405,000
      3,138 SF

      932 Fairview Ave

      RESTAURANT • 3,138 SF
      932 Fairview Ave, Wayne, PA 19087
      View Details
    • Value Estimation
      $375,000
      2,799 SF

      757 Lancaster Ave

      RESTAURANT • 2,799 SF
      757 Lancaster Ave, Wayne, PA 19087-2514
      View Details
    • Value Estimation
      $860,000
      2,852 SF

      711 Lancaster Ave

      RESTAURANT • 2,852 SF
      711 Lancaster Ave, Wayne, PA 19087-2514
      View Details
    • Value Estimation
      $695,000
      4,761 SF

      12 Anthony Wayne Dr

      RESTAURANT • 4,761 SF
      12 Anthony Wayne Dr, Wayne, PA 19087-1251
      View Details

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      Live and work in this versatile Wayne, PA property.
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      Bright, updated 2-bedroom condo in a convenient Wayne location.
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      Live & Work in Prime Wayne Location
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    Similar Nearby for Lease

    • Contact for pricing
      14,673 SF

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      Retail building with drive-thru available for lease.
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      View Details
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      Retail/Restaurant space in mixed-use development near transit and parking.
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      Prime Medical Office Space - 7,673 SF Available
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    • Contact for pricing
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      Prime Wayne, PA Retail Space Available
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    • Contact for pricing
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      Redeveloped Retail Space Available

      End-cap retail opportunity in well-trafficked Chesterbrook location.
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    • Contact for pricing
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      Retail Space in Devon Village

      Retail space available in affluent Philadelphia suburban community.
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      View Details
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    16 Meadowbrook Rd
    Wayne, PA 19087-2511
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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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