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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Retail space
25 State St Newtown, PA 18940-3571
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US73-1413304
Property profile
Verified
Property type
Retail space
Use group
STORE, RETAIL OUTLET
Year built
1910
Total area
7,644 SF
Lot
0.12 ac (5,140 SF)
Zoning code
VC
APN
28-002-048
UPID
US73-1413304
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
$1.17M
Blend (final)
Blend
$1.05M
Owner & transaction history
David Witchell · 23 yrs held
David Witchell
since 2003
7 recorded transactions
Zoning & alternative use
VC · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
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
RETAIL STORES
$1,515,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,385,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±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
$137 / 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
$17,232
Tax year 2024
Assessed value
$94,240
Assessed 2024
Previous assessed
$94,240
+0.0% YoY
Effective rate
18.29%
On assessed value
Assessed land
$17,640
Assessed improvement
$76,600
Land market value
$241,643
Improvement market value
$1,049,311
Total market value
$1,290,954
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
Retail space
Use group
STORE, RETAIL OUTLET
Status
Off-Market
Year built
1910
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
7,644 SF
Lot
0.12 ac (5,140 SF)
Zoning code
VC
APN
28-002-048
UPID
US73-1413304
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC · Newtown, PA
Zoning VC · permitted uses
VC · 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
RETAIL STORES Current
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1910
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
David Witchell
Individual
Mailing address
25 S STATE ST, NEWTOWN, PA 18940-3571
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2020
—
David Witchell
—
Deed
related
$200,000 · Wilmington Savings Fund Society Fsb
Feb 24, 2020
—
David Witchell
—
Deed
related
$1,860,000 · Wilmington Savings Fund Society Fsb
May 28, 2019
—
David Witchell
—
Deed
related
$150,000 · Wilmington Savings Fund Society Fsb
Mar 20, 2019
—
David Witchell
—
Deed
related
$150,000 · Wilmington Savings Fund Society Fsb
Jan 5, 2017
—
David Witchell
—
Deed
related
$300,000 · Wilmington Savings Fund Society Fsb
Jun 17, 2003
—
David Witchell
Witchell,david
Quit Claim Deed
related
$700,000 · Progress Bank
Nov 7, 2002
—
Professional Management Assoc
Witchell,david & Galina
Grant Deed
related
—
Aug 20, 1998
—
Professional Management Assoc
Witchell,david
Grant Deed
related
—
—
—
David Witchell
—
Deed Of Trust
related
$100,000 · Professional Management Assoc
—
—
David Witchell
—
Deed Of Trust
related
$80,000 · Professional Management Assoc
—
—
David J Witchell
—
Deed Of Trust
related
$231,000 · Individual
—
—
David Witchell
—
Deed Of Trust
related
$95,000 · Professional Management Assoc
—
—
David Witchell
—
Deed Of Trust
related
$1,550,000 · Penn Liberty Bank
—
—
David Witchell
—
Deed Of Trust
related
$100,000 · Penn Liberty Bank
—
—
David R Witchell
—
Deed Of Trust
related
$300,000 · Penn Liberty Bank
—
—
David R Witchell
—
Deed Of Trust
related
$250,000 · Penn Liberty Bank
—
—
David Witchell
—
Deed Of Trust
related
$95,000 · Professional Management Assoc
—
—
David J Witchell
—
Loan Modification
related
$500,000 · Penn Liberty Bk
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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