Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    449 Rdg Pike Lafayette Hill, PA 19444-2020

    • Turn key restaurants
    • 1,652 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US73-0976302
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sorrento's Italian Restaurant / Southern Italian Restaurant

    Property Details for 449 Rdg Pike

    Year built
    1945
    Lot size
    0.60 lot acres
    Property size
    1,652 SF
    Zone code
    B
    Property type
    Turn key restaurants
    APN
    65-00-09706-50-7
    APU
    650009706507

    Description

    Prime Lafayette Hill location, this established Italian restaurant, Sorrento's, is offered for sale. Family-owned and operated for over 40 years, this turnkey operation boasts a comfortable 60-seat interior and additional outdoor seating for 48 guests. The 2,000-3,000 square foot building, constructed in 1945 and renovated in 2020, sits on a 26,025 square foot lot with 154 feet of street frontage on Ridge Pike, a high-traffic area with over 15,000 cars passing daily. The ample parking lot features a double entrance and accommodates over 35 vehicles. The property is zoned under a grandfathered B residential permit. The sale includes the business, all equipment, and the fee-simple real estate. Occupancy is available September 9, 2024. This is a single-unit, Class B building with one story. A truly exceptional opportunity to own a well-established, profitable business in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette Hill
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2598
    Latitude
    40.0874
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,395
    $205,340
    $21,760
    $227,100
    -
    $205,340
    $21,760
    $227,100

    Comparable in this City

    • Value Estimation
      $305,000
      1,914 SF

      637 Germantown Pike

      RESTAURANT • 1,914 SF
      637 Germantown Pike, Lafayette Hill, PA 19444-1633
      View Details
    • Value Estimation
      $855,000
      9,474 SF

      646 Germantown Pike

      RESTAURANT • 9,474 SF
      646 Germantown Pike, Lafayette Hill, PA 19444-1641
      View Details
    • Value Estimation
      $355,000
      8,754 SF

      405 Germantown Pike

      RESTAURANT • 8,754 SF
      405 Germantown Pike, Lafayette Hill, PA 19444-1803
      View Details
    • Value Estimation by Request
      7,906 SF

      640 Germantown Pike

      RESTAURANT • 7,906 SF
      640 Germantown Pike, Lafayette Hill, PA 19444-1641
      View Details
    • Value Estimation
      $595,000
      6,032 SF

      474 Germantown Pike

      RESTAURANT • 6,032 SF
      474 Germantown Pike, Lafayette Hill, PA 19444-1805
      View Details
    • Value Estimation
      $375,000
      3,000 SF

      417 Germantown Pike

      BAR, TAVERN • 3,000 SF
      417 Germantown Pike, Lafayette Hill, PA 19444-1816
      View Details

    Similar Nearby for Lease

    • $595 /Mo

      Executive Office Suites in Lafayette

      Executive office suites with shared amenities available for lease.
      555 Andorra Glen Ct, Lafayette Hill, PA 19444
      View Details
    • $525 /Mo
      23,522 SF

      Lafayette Hill Professional Office Space

      Private office space in Lafayette Hill with utilities included.
      462 Germantown Pike Unit, Lafayette Hill, PA 19444
      View Details
    • $2,500 /Mo
      23,522 SF

      Lafayette Hill First Floor Office

      Highly visible office space in the heart of Lafayette Hill.
      462 Germantown Pike Unit, Lafayette Hill, PA 19444
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    449 Rdg Pike
    Lafayette Hill, PA 19444-2020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.