Property profile

509 Pennsylvania Ave Morrisville, PA 19067

OFF-MARKET
Drive through restaurants
Property ID
US73-1839215
1,232 SF 0.56 ac lot Built 1952
Individually Owned 28-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1952
Total area 1,232 SF
Lot 0.56 ac (24,407 SF)
Zoning code I
APN 24-010-415
UPID US73-1839215

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
  • Gas Station
  • Gas Station
  • Grocery & Convenience Store
  • Gas Station
  • Atm

Location

509 Pennsylvania Ave Morrisville, PA 19067-1209
Morrisville metro Census 105702 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 1998
2 recorded transactions
1998
$179,000
1969
Price N/A

Zoning & alternative use

I · Morrisville, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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