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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Turn key restaurants
428 1st Ave Parkesburg, PA 19365-1276
Entity Owned
11-yr Hold
Free & Clear
Property ID
US73-1491290
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1910
Total area
13,268 SF
Lot
0.28 ac (12,159 SF)
Zoning code
C
APN
0805 00980000
UPID
US73-1491290
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
-
Nova's Pasta & Pizza Restaurant
-
Green Valley Academy Parkesburg Training Center Tutoring Service
-
Poured Out Cafe Cafe & Coffee Shop
-
Gabe’s Pizza Place Restaurant
-
Salon Boninu Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$638k
Blend (final)
Blend
$535k
Owner & transaction history
413 Parkesburg LLC · 11 yrs held
413 Parkesburg LLC
since 2014
5 recorded transactions
Zoning & alternative use
C · Parkesburg, 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 Parkesburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Parkesburg 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$40 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,915
Tax year 2024
Assessed value
$257,600
Assessed 2024
Previous assessed
$257,600
+0.0% YoY
Effective rate
6.18%
On assessed value
Assessed land
$31,620
Assessed improvement
$225,980
Land market value
$31,620
Improvement market value
$229,690
Total market value
$261,310
Applied tax rate
8.0000
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
1910
Heating
ELECTRIC
Cooling
CENTRAL
Buildings
2
Total area
13,268 SF
Lot
0.28 ac (12,159 SF)
Zoning code
C
APN
0805 00980000
UPID
US73-1491290
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Parkesburg, PA
Zoning C · permitted uses
C · Parkesburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Parkesburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Heating
ELECTRIC
Cooling
Yes
Buildings
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
413 Parkesburg LLC
Entity
Free & Clear · 11 yrs held
Mailing address
217 POTTSTOWN PIKE, CHESTER SPRINGS, PA 19425-9570
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2014
$500,000
413 Parkesburg LLC
Pnl Penn Properties LP
Grant Deed
—
Jun 6, 2014
—
Pnl Penn Properties LP
Sheriff Of Chester County
Trustees Deed
related
—
Sep 27, 2005
$285,000
Miles K Reinhart JR.
Bfw Group
Grant Deed
$272,000 · Sovereign Bank
—
—
Miles K Reinhart
—
Deed Of Trust
related
$165,000 · Sovereign Bank
—
—
413 Parkesburg LLC
—
Deed Of Trust
related
$485,000 · First Resource Bk
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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