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Property profile & analytics
OFF-MARKET Estimated value $725,000
Turn key restaurants

581 Broad St Nazareth, PA 18064-3004

7,378 SF 1.37 ac lot Built 1975
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1752861
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Total area 7,378 SF
Lot 1.37 ac (59,677 SF)
Zoning code EI
APN K7 6 4 0421
UPID US73-1752861
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
  • Nazareth Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$762k
Blend (final) Blend
$725k
Owner & transaction history
Loannis Theodoropoulos
Loannis Theodoropoulos
1 recorded transaction
1969
Price N/A
Zoning & alternative use
EI · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Extractive Industry (EI) and Light Industry (LI) Zoning Districts on properties with frontage along PA Route 248. (b) Location. A billboard shall only be located within 100 linear feet of the existing right-of-way of PA Route 248 as identified by the Pennsylvania Department of Transportation. Placement of billboard shall not adversely impact the right-of-way…

Zone name Extractive Industrial
General category INDUSTRIAL
Zone area 284.15 ac
Source CHAPTER 27 ZONING
Top alternative use upside
Medical building $1.1M +36.4%
Retail stores $975,000 +18.2%
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