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Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Strip malls
200 Lincoln Ave Newtown, PA 18940-2120
Entity Owned
6-yr Hold
Free & Clear
Property ID
US73-0022301
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Total area
10,795 SF
Lot
2.78 ac (121,097 SF)
Zoning code
VI
APN
28-005-027
UPID
US73-0022301
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.98M
CAP Approach
CAP
$2.58M
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$3.19M
Owner & transaction history
Gator Newtown LLC · 6 yrs held
Gator Newtown LLC
since 2020
Last sale
$3.1M
4 recorded transactions
Zoning & alternative use
VI · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.5M
+79.1%
Apartment house (5+ units)
$3.0M
+50.9%
Office building
$2.7M
+38.5%
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 Newtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown 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
Method
Estimation
Statistic approach
$3,990,000
ML approach
$3,975,000
CAP Approach
CAP Return
Estimation
6%
$2,795,000
6.5%
$2,580,000
7%
$2,400,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,955,000
Current use
RESTAURANT
$3,500,000
Change: +79% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,950,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$2,710,000
Change: +39% · Conversion: Moderate
MEDICAL BUILDING
$2,665,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,585,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,510,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$2,140,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±10% · vs last sale $3.10M (Jan 14 2020)
Last sale anchor
$3.10M
Jan 14 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$295 / SF
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
$32,026
Tax year 2024
Assessed value
$175,140
Assessed 2024
Previous assessed
$175,140
+0.0% YoY
Effective rate
18.29%
On assessed value
Assessed land
$32,240
Assessed improvement
$142,900
Land market value
$441,642
Improvement market value
$1,957,526
Total market value
$2,399,168
Applied tax rate
28.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
10,795 SF
Lot
2.78 ac (121,097 SF)
Zoning code
VI
APN
28-005-027
UPID
US73-0022301
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VI · Newtown, PA
Zoning VI · permitted uses
VI · Newtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$2.0M
RESTAURANT
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
2.78 ac
Current owner
From public records · entity-resolved
Gator Newtown LLC
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 1610, COCKEYSVILLE, MD 21030-7610
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2020
$3,097,000
Gator Newtown LLC
Scp 2004e-070 LLC
Grant Deed
—
May 20, 2005
$4,789,150
Scp 2004e-070 LLC
South Lincoln Newtown Cvs INC
Special Warranty Deed
$4,617,944 · Wells Fargo Bank Northwest NA
Feb 9, 2004
$1,600,000
Lincoln Newtown Cvs South
Kotanchik,karl & Betsy F
Grant Deed
—
Nov 6, 2000
$700,000
Karl Kotanchik
Agway INC
Grant Deed
$700,000 · Progress Bank
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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