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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Turn key restaurants
210 Lancaster Ave, Ardmore, PA 19003-3210
Individually Owned
4-yr Hold
Free & Clear
Property ID
US73-0319481
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1962
Total area
2,080 SF
Lot
0.15 ac (6,600 SF)
Zoning code
C2
APN
40-00-30180-00-2
UPID
US73-0319481
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
Current use
Occupant on record · Public records
-
CrossFit Main Line - Ardmore Gym & Fitness Center
-
Engage Personal Training Ardmore Gym & Fitness Center
-
Taste of Changan Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$484k
Blend (final)
Blend
$610k
Owner & transaction history
Guangsen He · 4 yrs held
Guangsen He
since 2021
Last sale
$580,000
2 recorded transactions
Zoning & alternative use
C2 · Ardmore, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$615,000
+110.6%
Retail stores
$560,000
+91.8%
Commercial (general)
$370,000
+26.8%
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 Ardmore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ardmore 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
$750,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$615,000
Change: +111% · Conversion: Difficult
RETAIL STORES
$560,000
Change: +92% · Conversion: Easy
COMMERCIAL (GENERAL)
$370,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $580k (Oct 5 2021)
Last sale anchor
$580k
Oct 5 2021
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
$293 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,001
Tax year 2023
Assessed value
$311,300
Assessed 2024
Previous assessed
$311,300
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$236,550
Assessed improvement
$74,750
Land market value
$236,550
Improvement market value
$74,750
Total market value
$311,300
Applied tax rate
40.0000
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
Off-Market
Year built
1962
Heating
NONE
Cooling
NONE
Total area
2,080 SF
Lot
0.15 ac (6,600 SF)
Zoning code
C2
APN
40-00-30180-00-2
UPID
US73-0319481
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C2 · Ardmore, PA
Zoning C2 · permitted uses
C2 · Ardmore, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ardmore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$615,000
RETAIL STORES
Est. value
$560,000
COMMERCIAL (GENERAL)
Est. value
$370,000
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1962
Heating
NONE
Cooling
Yes
Lot
0.15 ac
Current owner
From public records · entity-resolved
Guangsen He
Individual
Free & Clear · 4 yrs held
Mailing address
28 LLANBERRIS RD, BALA CYNWYD, PA 19004-2403
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 5, 2021
$580,000
Guangsen He
Kei Tang Po
Deed
—
Apr 6, 2001
$400,000
Po Tang
Fung,yuk M & Yim L
Grant Deed
—
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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