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Property profile & analytics
FOR SALE
Turn key restaurants
209 Shewell Ave Doylestown, PA 18901
Individually Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0450745
For Sale
1 / 75
$2,750,000
209 Shewell Ave, Doylestown, PA 18901
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1967
Total area
2,900 SF
Lot
0.59 ac (25,900 SF)
Zoning code
CR
APN
08-004-340
UPID
US73-0450745
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$680k
Owner & transaction history
Steven Capozzi · 25 yrs held
Steven Capozzi
since 2001
5 recorded transactions
Zoning & alternative use
CR · Doylestown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
o R-1 Residential 1 District. § 307 Territory Added to R-2 Residential 2 District. § 308 Territory Added to R-2-A Residential R-2-A District. § 309 Territory Added to R-3 Residential 3 District. § 310 Territory Added to CR Central Residential District. § 311 Territory Added to CR-H Central Residential Highrise. § 312 Territory Added to O Office District. § 3…
Zone name
Central Residential
General category
RESIDENTIAL
Zone area
150.79 ac
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 Doylestown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Doylestown 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$940,000
Current use
OFFICE BUILDING
$825,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$680k
Range $612k – $748k · ±10%
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
$234 / 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
$15,277
Tax year 2024
Assessed value
$84,800
Assessed 2024
Previous assessed
$84,800
+0.0% YoY
Effective rate
18.02%
On assessed value
Assessed land
$24,600
Assessed improvement
$60,200
Land market value
$336,985
Improvement market value
$824,654
Total market value
$1,161,639
Applied tax rate
8.0000
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 Sale
Year built
1967
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
2,900 SF
Lot
0.59 ac (25,900 SF)
Zoning code
CR
APN
08-004-340
UPID
US73-0450745
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CR · Doylestown, PAZoning CR · permitted uses
CR · Doylestown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
o R-1 Residential 1 District. § 307 Territory Added to R-2 Residential 2 District. § 308 Territory Added to R-2-A Residential R-2-A District. § 309 Territory Added to R-3 Residential 3 District. § 310 Territory Added to CR Central Residential District. § 311 Territory Added to CR-H Central Residential Highrise. § 312 Territory Added to O Office District. § 313 Territory Added to RC Retail Commercial District. § 313.1 Territory Added to RC
Zone name
Central Residential
General category
RESIDENTIAL
Zone area
150.79 ac
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$940,000
OFFICE BUILDING
Est. value
$825,000
RESTAURANT Current
OFFICE BUILDING
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
1967
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.59 ac
Current owner
From public records · entity-resolved
Steven Capozzi
Individual
Mailing address
108 NICHOLUS CT, CHALFONT, PA 18914-2523
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2001
$240,938
Steven Capozzi
E & S Enterprises
Grant Deed
$500,000 · Popular Financial Services LLC
Jan 21, 1999
$441,596
E & S Enterprises
Bucks County Industrial Dev
Grant Deed
$175,000 · Pnc Bank
—
—
Steven Capozzi
—
Deed Of Trust
related
$700,000 · Pnc Bank
—
—
Steven Capozzi
—
Deed Of Trust
related
$200,000 · Pnc Bank
—
—
Steven Capozzi
—
Deed Of Trust
related
$500,000 · Pnc 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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