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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Sports & entertainment properties
575 Conchester Hwy Marcus Hook, PA 19061-3104
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-4243021
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1959
Total area
27,926 SF
Lot
1.92 ac (83,700 SF)
APN
09-00-01034-01
UPID
US73-4243021
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$805k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$965k
Owner & transaction history
Istar Bowling Centers LLP · 22 yrs held
Istar Bowling Centers LLP
since 2004
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Marcus Hook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marcus Hook 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
$805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$35 / 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
$69,485
Tax year 2024
Assessed value
$2,091,370
Assessed 2024
Previous assessed
$2,091,370
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$610,810
Assessed improvement
$1,480,560
Total market value
$2,091,370
Applied tax rate
902.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1959
Heating
NONE
Stories
1
Units
32
Total area
27,926 SF
Lot
1.92 ac (83,700 SF)
APN
09-00-01034-01
UPID
US73-4243021
Jurisdiction
DELAWARE
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Stories
1
Units
32
Lot
1.92 ac
Current owner
From public records · entity-resolved
Istar Bowling Centers LLP
Entity
Free & Clear · 22 yrs held
Mailing address
7313 BELL CRK RD, MECHANICSVILLE, VA 23111-3551
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2022
—
Cnli Amf I LP
—
Deed
related
—
Mar 29, 2022
—
Cnli Amf I LP
—
Deed
related
—
Mar 10, 2004
$917,562
Istar Bowling Centers LLP
Amf Bowling Centers INC
Grant Deed
—
May 29, 2002
—
Amf Bowling Centers INC
—
Deed Of Trust
related
$350,000,000 · Bankers Trust Co Trustee
Feb 20, 2001
—
Amf Bowling Centers INC
—
Deed Of Trust
related
$860,000,000 · Citicorp USA Corp Trustee
Oct 15, 1998
—
Amf Bowling Centers INC
Conchester Lanes INC
Grant Deed
related
—
—
—
Conchester Lanes INC
—
Deed Of Trust
related
$2,330,000 · Peoples Bank Of Glen Rock
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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