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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Turn key restaurants
411 Rdg Pike Limerick, PA 19468-3451
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-5592452
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1969
Total area
12,012 SF
Lot
3.11 ac (135,472 SF)
Zoning code
MS
APN
37-00-04126-00-4
UPID
US73-5592452
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
-
Flying Pig Tavern & Tap 📍 Limerick Bar & Pub
-
Limerick Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.62M
Owner & transaction history
411 Ridge Realty LLC · 4 yrs held
411 Ridge Realty LLC
since 2022
Last sale
$1.6M
6 recorded transactions
Zoning & alternative use
MS · Limerick, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+16.6%
Medical building
$1.9M
+12.3%
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 Limerick submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Limerick 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
$1,655,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,685,000
Current use
OFFICE BUILDING
$1,965,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$1,895,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,670,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,565,000
Change: -7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,395,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.60M (Mar 28 2022)
Last sale anchor
$1.60M
Mar 28 2022
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
$135 / 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
$16,714
Tax year 2023
Assessed value
$432,240
Assessed 2024
Previous assessed
$432,240
+0.0% YoY
Effective rate
3.87%
On assessed value
Total market value
$432,240
Applied tax rate
37.0000
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
1969
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
3
Total area
12,012 SF
Lot
3.11 ac (135,472 SF)
Zoning code
MS
APN
37-00-04126-00-4
UPID
US73-5592452
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MS · Limerick, PAZoning MS · permitted uses
MS · Limerick, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
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
1969
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
3
Lot
3.11 ac
Current owner
From public records · entity-resolved
411 Ridge Realty LLC
Entity
Free & Clear · 4 yrs held
Mailing address
290 CHESTER AVE, MOORESTOWN, NJ 08057-3306
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2023
—
411 Ridge Realty LLC
—
Deed
related
$1,000,000 · Cs Bank
Mar 28, 2022
$1,600,000
411 Ridge Realty LLC
411 West Ridge Pike LLC
Deed
—
Jul 23, 2021
$2,790
411 West Ridge Pike LLC
Montgomery County Sheriff
Sheriffs Deed
related
—
Sep 30, 2011
—
Limerick Realty Partners LLC
—
Grant Deed
related
$2,350,000 · Parke Bank
Feb 1, 2008
$2,000,000
Limerick Realty Partners LLC
Moore,edward R & Kathryn L
Grant Deed
—
—
—
Edward R Moore
—
Deed Of Trust
related
$500,000 · Harleysville Nat'l Bank & Trus
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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