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    Property profile & analytics

    208 Riv Ave Parker, PA 16049-8764

    • Turn key restaurants
    • 2,456 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-1602729
    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

    • Riverstone Lounge & Grill / Bar & Grill / Restaurant

    Property Details for 208 Riv Ave

    Year built
    1863
    Lot size
    0.06 lot acres
    Property size
    2,456 SF
    Property type
    Turn key restaurants
    APN
    33-0-023708
    APU
    330023708

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Parker
    County
    Armstrong
    State
    Pennsylvania
    Longitude
    -79.6811
    Latitude
    41.0985
    CBSA code
    38300
    CBSA name
    PITTSBURGH, PA 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
    $806
    $7,510
    $5,410
    $12,920
    -
    $21,450
    $15,460
    $36,910

    Comparable in this City

    • Value Estimation by Request
      2,719 SF

      103 Washington St

      RESTAURANT • 2,719 SF
      103 Washington St, Parker, PA 16049
      View Details
    • Value Estimation by Request
      1,989 SF

      Nn Riv Ave

      RESTAURANT • 1,989 SF
      Nn Riv Ave, Parker, PA 16049
      View Details
    • Value Estimation by Request
      3,168 SF

      302 Riv Ave

      FINANCIAL BUILDING • 3,168 SF
      302 Riv Ave, Parker, PA 16049
      View Details
    • Value Estimation
      $1,220,000
      10,875 SF

      104 Riv Ave

      GROCERY, SUPERMARKET • 10,875 SF
      104 Riv Ave, Parker, PA 16049-8768
      View Details
    • Value Estimation by Request
      1,776 SF

      108 Wayne Ave

      CAR WASH • 1,776 SF
      108 Wayne Ave, Parker, PA 16049
      View Details
    • Value Estimation
      $305,000
      2,732 SF

      208 Washington St

      RETAIL STORES (PERSONAL SERVICES) • 2,732 SF
      208 Washington St, Parker, PA 16049-9800
      View Details

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    208 Riv Ave
    Parker, PA 16049-8764
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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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