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Property profile & analytics
OFF-MARKET
Turn key restaurants
427 Pottstown Ave, Pennsburg, PA 18073-1424
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-0600842
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Total area
702 SF
Lot
0.31 ac (13,392 SF)
Zoning code
R3
APN
15-00-01936-00-2
UPID
US73-0600842
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Chill Zone LLC · 16 yrs held
Chill Zone LLC
since 2010
7 recorded transactions
Zoning & alternative use
R3 · Pennsburg, 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 Pennsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pennsburg 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,452
Tax year 2023
Assessed value
$84,620
Assessed 2024
Previous assessed
$84,620
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$71,110
Assessed improvement
$13,510
Land market value
$71,110
Improvement market value
$13,510
Total market value
$84,620
Applied tax rate
15.0000
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
1940
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Rooms
2
Bathrooms
1
Total area
702 SF
Lot
0.31 ac (13,392 SF)
Zoning code
R3
APN
15-00-01936-00-2
UPID
US73-0600842
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Pennsburg, PA
Zoning R3 · permitted uses
R3 · Pennsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pennsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Chill Zone LLC
Entity
Mailing address
220 HILLTOP DR, CHURCHVILLE, PA 18966-1392
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2018
—
Chill Zone LLC
—
Deed
related
$172,800 · Qnb Bk
Mar 2, 2010
$310,000
Chill Zone LLC
Owner,record
Warranty Deed
$420,000 · Parke Bank
Mar 2, 2010
—
Parke Bk
Chill Zone LLC
Grant Deed
related
—
Jul 9, 2003
$253,750
Rose F Hanlon
Hillegass,bruce D
Grant Deed
$216,000 · Keystone Savings Bank
May 11, 1998
$200,000
Bruce D Hillegass
Hank,raymond & Patricia A
Grant Deed
$155,000 · Seller
—
—
Stephen R Hanlon
—
Deed Of Trust
related
$460,000 · Qnb Bank
—
—
Bruse D Hillgass
—
Deed Of Trust
related
$190,000 · Keystone Savings Bank
—
—
Chill Zone LLC
—
Deed Of Trust
related
$187,200 · Qnb Bk
—
—
Chill Zone LLC
—
Deed Of Trust
related
$172,800 · Qnb Bk
—
—
Stephen R Hanlon
—
Deed Of Trust
related
$81,500 · Keystone Savings Bank
—
—
Bruce D Hillegass
—
Deed Of Trust
related
$75,000 · Ambassador Bank Commonwealth
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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