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Property profile & analytics
OFF-MARKET
Estimated value
$4,490,000
Turn key restaurants
508 Harleysville Pike Telford, PA 18969-2250
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-1042141
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1979
Total area
37,060 SF
Lot
8.38 ac (365,033 SF)
Zoning code
C
APN
34-00-02501-60-6
UPID
US73-1042141
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
-
Mark Cashatt's Taekwon-Do, Inc. Training Center Sports School
-
Franconia Heritage Restaurant Restaurant
-
Happy Thought Tai Chi Program Sports School
-
Franconia Heritage Banquet & Conference Center Conference Center Trade Show Venue
-
Family Heritage Gift Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.32M
Blend (final)
Blend
$4.49M
Owner & transaction history
Blm Realty II · 22 yrs held
Blm Realty II
since 2004
2 recorded transactions
Zoning & alternative use
C · Telford, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Part 18 Zoning Hearing Board
Top alternative use upside
Office building
$6.1M
+16.6%
Medical building
$5.8M
+12.3%
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 Telford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Telford 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$5,200,000
Current use
OFFICE BUILDING
$6,065,000
Change: +17% · Conversion: Moderate
MEDICAL BUILDING
$5,840,000
Change: +12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,150,000
Change: -1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,830,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$4.49M
Range $4.04M – $4.94M · ±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
$121 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$104,880
Tax year 2023
Assessed value
$2,611,490
Assessed 2024
Previous assessed
$2,611,490
+0.0% YoY
Effective rate
4.02%
On assessed value
Total market value
$2,611,490
Applied tax rate
34.0000
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
1979
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
37,060 SF
Lot
8.38 ac (365,033 SF)
Zoning code
C
APN
34-00-02501-60-6
UPID
US73-1042141
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Telford, PAZoning C · permitted uses
C · Telford, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Part 18 Zoning Hearing Board
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$5.2M
OFFICE BUILDING
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.8M
RESTAURANT Current
OFFICE BUILDING
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
1979
Heating
HEAT PUMP
Cooling
Yes
Lot
8.38 ac
Current owner
From public records · entity-resolved
Blm Realty II
Entity
Mailing address
462 HARLEYSVILLE PIKE, SOUDERTON, PA 18964-2153
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2004
$3,575,000
Blm Realty II
Immel,nevin L
Grant Deed
—
Mar 25, 2004
—
John P Derstine
Derstine,sheryl F
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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