Property profile

302 Butler Ave New Britain, PA 18901

OFF-MARKET
Retail space
Property ID
US73-5735844
2,436 SF 0.88 ac lot Built 1940
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1940
Construction FRAME
Total area 2,436 SF
Lot 0.88 ac (38,220 SF)
Zoning code C1
APN 25-001-015
UPID US73-5735844

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
  • Photography Service (Bike/Boat/Book/etc) Store

Location

302 Butler Ave New Britain, PA 18901-6009
New Britain metro Census 104800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
$545k
Comparable Approach Comparable
$751k
Blend (final) Blend
$630k

Owner & transaction history

since 2023
Last sale
$600,000
7 recorded transactions
2023
$600,000
2021
$500,000
2010
$600,000
2005
$400,000
2001
$245,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · New Britain, PA
Top alternative use upside
Office building $690,000 +43.2%
Medical building $600,000 +24.6%
Auto repair, garage $565,000 +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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