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Property profile & analytics
OFF-MARKET
Turn key restaurants
278 Easton Rd Horsham, PA 19044-3104
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-0194681
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Total area
3,372 SF
Lot
1.34 ac (58,414 SF)
Zoning code
GC2
APN
36-00-03760-00-2
UPID
US73-0194681
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
-
Tonelli's Pizza Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Randa Family Realty Part · 20 yrs held
Randa Family Realty Part
since 2006
7 recorded transactions
Zoning & alternative use
GC2 · Horsham, 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 Horsham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Horsham 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$24,590
Tax year 2023
Assessed value
$625,560
Assessed 2024
Previous assessed
$625,560
+0.0% YoY
Effective rate
3.93%
On assessed value
Assessed land
$227,120
Assessed improvement
$398,440
Land market value
$227,120
Improvement market value
$398,440
Total market value
$625,560
Applied tax rate
36.0000
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
1995
Heating
FORCED AIR
Cooling
CENTRAL
Total area
3,372 SF
Lot
1.34 ac (58,414 SF)
Zoning code
GC2
APN
36-00-03760-00-2
UPID
US73-0194681
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
GC2 · Horsham, PAZoning GC2 · permitted uses
GC2 · Horsham, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Cooling
Yes
Lot
1.34 ac
Current owner
From public records · entity-resolved
Randa Family Realty Part
Entity
Mailing address
PO BOX 839, HORSHAM, PA 19044-0839
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
—
Randa Family Realty Partnership
—
Deed
related
$1,137,500 · Td Bank NA
Mar 29, 2022
—
Randa Family Realty Partnership LP
—
Deed
related
$1,900,000 · Quaint Oak Bank
Dec 28, 2016
—
Randa Family Realty Partnership
—
Deed
related
$900,000 · Quaint Oak Bank
Jul 13, 2006
$1,050,000
Randa Family Realty Part
Donatos Pizzeria LLC
Deed
—
Jun 1, 2004
$546,918
Donatos Pizzeria LLC
System Cap Real Prop Corp
Grant Deed
related
$8,300,000 · Huntington National Bank
Feb 6, 2004
—
Pizzeria Cor P Donatos
Mcdonalds Corp
Quit Claim Deed
related
—
Jun 28, 2000
—
System Capital Real Property
Bc Real Estate Investments INC
Quit Claim Deed
related
—
Feb 3, 1998
—
Bc Real Estate Investments INC
—
Deed Of Trust
related
$23,227,100 · Bank Of America National Ttee
—
—
Randa Family Realty Ptshp
—
Deed Of Trust
related
$299,950 · Univest Bank & Trust Co
—
—
Randa Family Realty Ptshp
—
Deed Of Trust
related
$300,000 · Univest Bank & Trust Co
—
—
Randa Family Realty Ptshp
—
Deed Of Trust
related
$256,000 · Univest Bank & Trust Co
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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