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    Property profile & analytics

    228 Main St Parkesburg, PA 19365-1130

    • Turn key restaurants
    • 19,042 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $4,070,000
    Last Sale
    Jun 29, 2022
    $3,450,000
    Location Intelligence
    Property ID
    US73-0635116
    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

    • Therapy Center for Transformative Growth / Mental Health Service

    Property Details for 228 Main St

    Year built
    1890
    Lot size
    0.18 lot acres
    Property size
    19,042 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    0804 00570000
    APU
    80400570000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,215,000
      6.5%
      $3,825,000
      7%
      $3,620,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,940,000
      Geo Method
      $3,505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,220,000
      Retail
      $2,920,000
      Mixed-Use
      $3,395,000
      Hospitality
      $2,920,000
      Educational
      $3,205,000
      Residential Income
      $3,860,000
      Energy
      $2,865,000
      Income-Based Land
      $3,535,000
      Food Service
      $3,450,000

    Location Insight

    • Map
    • Local Demand
    City
    Parkesburg
    County
    Chester
    State
    Pennsylvania
    Longitude
    -75.9172
    Latitude
    39.9611
    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
    $22,839
    $28,380
    $341,290
    $369,670
    -
    $28,380
    $341,290
    $369,670

    Comparable in this City

    • Value Estimation
      $375,000
      5,850 SF

      5802 Lincoln Hwy

      RESTAURANT • 5,850 SF
      5802 Lincoln Hwy, Parkesburg, PA 19365-1845
      View Details
    • Value Estimation
      $375,000
      5,714 SF

      5626 Lincoln Hwy

      RESTAURANT • 5,714 SF
      5626 Lincoln Hwy, Parkesburg, PA 19365-1790
      View Details
    • Value Estimation
      $430,000
      4,500 SF

      4630 Lincoln Hwy

      RESTAURANT • 4,500 SF
      4630 Lincoln Hwy, Parkesburg, PA 19365-1770
      View Details
    • Value Estimation
      $340,000
      5,503 SF

      4451 Lincoln Hwy

      RESTAURANT • 5,503 SF
      4451 Lincoln Hwy, Parkesburg, PA 19365-1781
      View Details
    • Value Estimation
      $410,000
      7,625 SF

      354 Main St

      RESTAURANT • 7,625 SF
      354 Main St, Parkesburg, PA 19365
      View Details
    • Value Estimation
      $235,000
      1,710 SF

      606 Main St

      RESTAURANT • 1,710 SF
      606 Main St, Parkesburg, PA 19365
      View Details

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    Similar Nearby for Lease

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      3,223,440 SF

      Parkesburg Commercial Land Opportunity

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      View Details
    • $800 /Mo
      10,019 SF

      Parkesburg Storefront on Main Street

      Storefront on historic Main Street in Parkesburg, ready for new owner.
      215 Main St, Parkesburg, PA 19365
      View Details
    • $20 SF/Yr

      Retail Units in Parkesburg Shopping Center

      Two retail units available individually or combined in Parkesburg, PA.
      167 Brandt St, Parkesburg, PA 19365
      View Details
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    228 Main St
    Parkesburg, PA 19365-1130
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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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