Property profile

600 Gap Newport Pike Avondale, PA 19311

OFF-MARKET
Turn key restaurants
Property ID
US73-3596612
14,945 SF 4.25 ac lot Built 2011
Entity Owned 16-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2011
Total area 14,945 SF
Lot 4.25 ac (185,261 SF)
Zoning code C
APN 5905 011701D0
UPID US73-3596612

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
  • (Bike/Boat/Book/etc) Store
  • Cinema (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Bank Credit Union
  • Pharmacy

Location

600 Gap Newport Pike Avondale, PA 19311-9504
Avondale metro Census 311701 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.99M
Blend (final) Blend
$2.47M

Owner & transaction history

since 2009
4 recorded transactions
2010
Price N/A
2009
$975,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Avondale, PA
Zoning description

The purpose of the district C is to provide for a wide range of commercial use opportunities, focus highway-oriented uses in appropriate areas of the Borough

General category COMMERCIAL
Top alternative use upside
Commercial (general) $3.4M +5.5%

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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