Individually Owned 
For Sale
1 / 56
$850,000
424 N Main St, Souderton, PA 18964
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Property summary
AI-generated overview
This exceptional 3,600 square foot commercial property, situated on a 0.24-acre lot at 424 N Main Street in Souderton, PA, presents a unique investment opportunity. Currently configured to accommodate a restaurant, the main floor comfortably seats 70 guests, while a lower level provides an additional 30 seats, ideal for private events. A state-of-the-art custom pizza oven is included. The property's prime downtown location ensures high foot traffic and excellent visibility within a vibrant and growing community. The space is adaptable to a variety of uses, making it suitable for a range of culinary concepts or other commercial ventures. The property benefits from Souderton's thriving atmosphere, including events like Third Fridays and Concert Sundaes, and the recently opened Broad Street Theater. This property is available for sale at $850,000. All existing equipment, fixtures, and inventory are available for purchase separately at $100,000. Alternatively, the property is available for lease at $5,000 per month, plus insurance, taxes, and utilities. Contact Souderton Borough for zoning and usage information.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1984
Total area
3,292 SF
Lot
0.24 ac (10,284 SF)
Zoning code
R3
APN
21-00-05065-00-8
UPID
US73-6004064
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
-
Atm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$210k
Owner & transaction history
since 2005
5 recorded transactions
Zoning & alternative use
R3 · Souderton, PA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 13 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$210k
Value range
$189k – $231k
±10% around blend
Estimated value / SF
$64 / SF
Confidence
High
13 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
Income certainty
100
$189k
blend $210k
$231k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,292 SF
Lot area
0.24 ac
Year built
1984
APN
21-00-05065-00-8
Zoning
R3
Assessed value
$144,970
Annual tax
$6,547
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$6,547
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$695k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.0 mi away · 3,492 SF
14.5 mi away · 3,410 SF
17.6 mi away · 3,172 SF
19.3 mi away · 3,884 SF
19.7 mi away · 3,325 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$210k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 96 sales
$140
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $64/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
5.11%
Selected cap rate for this turn key restaurants
Derived from the Souderton market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.11%
9.0%
NOI (est.)
$43k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$850k
Move the market yield to see immediate price impact.
Value / SF
$258
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.61%5.11%5.61%
$39k
$848k
$765k
$697k
$43k
$943k
$850k
$775k
$48k
$1.04M
$935k
$852k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$725k
0.3 mi · Dec 2025 · $187/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,547
Tax year 2023
Assessed value
$144,970
Assessed 2024
Previous assessed
$144,970
+0.0% YoY
Effective rate
4.52%
On assessed value
Total market value
$144,970
Applied tax rate
21.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1984
Heating
FORCED AIR
Cooling
CENTRAL
Total area
3,292 SF
Lot
0.24 ac (10,284 SF)
Zoning code
R3
APN
21-00-05065-00-8
UPID
US73-6004064
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Souderton, PAZoning R3 · permitted uses
R3 · Souderton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1984
Heating
FORCED AIR
Cooling
Yes
Lot
0.24 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R3
Jurisdiction
Souderton, PA
Recorded code
R3
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R3 in Souderton, PA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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