Individually Owned Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1945
Total area
1,652 SF
Lot
0.6 ac (26,025 SF)
Zoning code
B
APN
65-00-09706-50-7
UPID
US73-0976302
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
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$310k
Owner & transaction history
2 recorded transactions
Zoning & alternative use
B · Lafayette Hill, 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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$310k
Value range
$279k – $341k
±10% around blend
Estimated value / SF
$188 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
50
$279k
blend $310k
$341k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,652 SF
Lot area
0.6 ac
Year built
1945
Stories
1
APN
65-00-09706-50-7
Zoning
B
Assessed value
$227,100
Annual tax
$7,395
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$402k
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.0 mi away · 1,582 SF
14.1 mi away · 1,838 SF
19.9 mi away · 1,700 SF
20.5 mi away · 1,584 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$310k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 96 sales
$140
+34%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $188/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
Not available
Market rent
Not available
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: replacement-cost inputs are not on file.
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.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$227k
Move the market yield to see immediate price impact.
Value / SF
$137
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
5.00%7.00%9.00%
$14k
$286k
$204k
$159k
$16k
$318k
$227k
$177k
$17k
$350k
$250k
$194k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$115k
13.3 mi · Nov 2025 · $77/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,395
Tax year 2023
Assessed value
$227,100
Assessed 2024
Previous assessed
$227,100
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$205,340
Assessed improvement
$21,760
Land market value
$205,340
Improvement market value
$21,760
Total market value
$227,100
Applied tax rate
65.0000
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
Off-Market
Year built
1945
Heating
HOT WATER
Cooling
CENTRAL
Stories
1
Rooms
4
Bathrooms
1
Total area
1,652 SF
Lot
0.6 ac (26,025 SF)
Zoning code
B
APN
65-00-09706-50-7
UPID
US73-0976302
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
B · Lafayette Hill, PAZoning B · permitted uses
B · Lafayette Hill, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1945
Heating
HOT WATER
Cooling
Yes
Stories
1
Rooms
4
Bathrooms
1
Lot
0.6 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B
Jurisdiction
Lafayette Hill, PA
Recorded code
B
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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