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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Turn key restaurants
4960 Lincoln Hwy Parkesburg, PA 19365-1723
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1999550
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1961
Total area
3,200 SF
Lot
2.87 ac (125,104 SF)
Zoning code
C1
APN
3603 00790000
UPID
US73-1999550
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
-
Blackhorse Propane LLC Propane Supplier Deck Builder
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$967k
Blend (final)
Blend
$845k
Owner & transaction history
New Horizon Estate LLC · 1 yrs held
New Horizon Estate LLC
since 2025
Last sale
$700,000
4 recorded transactions
Zoning & alternative use
C1 · Parkesburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$730,000
+5.5%
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
$930,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$690,000
Current use
COMMERCIAL (GENERAL)
$730,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$685,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$595,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $700k (Jan 8 2025)
Last sale anchor
$700k
Jan 8 2025
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
$264 / 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
$9,581
Tax year 2024
Assessed value
$177,990
Assessed 2024
Previous assessed
$177,990
+0.0% YoY
Effective rate
5.38%
On assessed value
Assessed land
$73,400
Assessed improvement
$104,590
Land market value
$73,400
Improvement market value
$212,470
Total market value
$285,870
Applied tax rate
36.0000
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
1961
Heating
FORCED AIR
Cooling
CENTRAL
Total area
3,200 SF
Lot
2.87 ac (125,104 SF)
Zoning code
C1
APN
3603 00790000
UPID
US73-1999550
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C1 · Parkesburg, PA
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$685,000
OFFICE BUILDING
Est. value
$595,000
RESTAURANT Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Heating
FORCED AIR
Cooling
Yes
Lot
2.87 ac
Current owner
From public records · entity-resolved
New Horizon Estate LLC
Entity
Mailing address
4960 W LINCOLN HWY, PARKESBURG, PA 19365-1723
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2025
$700,000
New Horizon Estate LLC
Loren M Glick
Deed
$975,000 · Loren Glick
Jan 8, 2025
—
New Horizon Estate LLC
—
Deed
related
$970,000 · Univest Bank & Trust Co
Mar 17, 2020
—
Loren M Glick
Esther Glick
Quit Claim Deed
related
$420,000 · Esther Glick
May 30, 2013
—
David Z Glick
Glick,david Z & Esther
Quit Claim Deed
related
—
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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