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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Turn key restaurants
405 Germantown Pike, Lafayette Hill, PA 19444-1803
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-2446295
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1949
Total area
8,754 SF
Lot
0.76 ac (33,150 SF)
Zoning code
VC1
APN
65-00-04381-00-9
UPID
US73-2446295
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
-
Ye Olde Ale House Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$482k
Blend (final)
Blend
$525k
Owner & transaction history
Christopher J Bass · 22 yrs held
Christopher J Bass
since 2004
1 recorded transaction
Zoning & alternative use
VC1 · Lafayette Hill, 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 Lafayette Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lafayette Hill 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$60 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,201
Tax year 2023
Assessed value
$282,570
Assessed 2024
Previous assessed
$282,570
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$245,960
Assessed improvement
$36,610
Land market value
$245,960
Improvement market value
$36,610
Total market value
$282,570
Applied tax rate
65.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1949
Heating
NONE
Cooling
NONE
Stories
2
Rooms
9
Bathrooms
2
Total area
8,754 SF
Lot
0.76 ac (33,150 SF)
Zoning code
VC1
APN
65-00-04381-00-9
UPID
US73-2446295
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC1 · Lafayette Hill, PA
Zoning VC1 · permitted uses
VC1 · Lafayette Hill, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lafayette Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Cooling
Yes
Stories
2
Rooms
9
Bathrooms
2
Lot
0.76 ac
Current owner
From public records · entity-resolved
Christopher J Bass
Individual
Mailing address
17 PEAR TREE LN, LAFAYETTE HILL, PA 19444-2301
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2004
—
Christopher J Bass
Murphy,william H
Grant Deed
$290,000 · Citizens Bank Pennsylvania
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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