Technical
Financial
Distress signals
Property profile

28 Main St New Hope, PA 18938

OFF-MARKET
Retail space
Property ID
US73-3058158
2,623 SF 0.25 ac lot Built 1951
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1951
Total area 2,623 SF
Lot 0.25 ac (10,759 SF)
Zoning code CC
APN 27-010-135-001
UPID US73-3058158

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Alternative Medicine Practice
  • Medical Clinic Skin Care Clinic
  • Medical Clinic Skin Care Clinic

Location

28 Main St New Hope, PA 18938-1349
New Hope metro Census 104400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$585k
Comparable Approach Comparable
$716k
Blend (final) Blend
$635k

Owner & transaction history

since 2000
3 recorded transactions
2000
$925,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · New Hope, PA
Zoning description

rticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.0M +93.7%
Medical building $645,000 +24.6%
Auto repair, garage $610,000 +17.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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