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Property profile & analytics
OFF-MARKET
Breakfast & diners
617 Bethlehem Pike, Erdenheim, PA 19038-8214
Individually Owned
14-yr Hold
Free & Clear
Property ID
US73-2640346
Property summary
AI-generated overview
This is a restaurant business located in the Flourtown/Erdenheim area. The business has operated as a restaurant for decades, with the previous owner operating for over 25 years at this location. The establishment features decor reminiscent of the 1950s and has received recognition, including Best of Philly and a feature on Dining Out with Art Kaplan. Situated on a lot of 0.06 acres, the business is equipped to seat approximately 30-35 guests. The business has a long-standing reputation and consistent customer traffic. This is a business-only operation; the real estate is not included.
Property profile
Verified
Property type
Breakfast & diners
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
2,183 SF
Lot
0.06 ac (2,652 SF)
Zoning code
B2
APN
52-00-01489-00-7
UPID
US73-2640346
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
-
Fairlane Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Anne E Keenan · 14 yrs held
Anne E Keenan
since 2011
1 recorded transaction
Zoning & alternative use
B2 · Erdenheim, PA
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 Erdenheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erdenheim 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,525
Tax year 2023
Assessed value
$96,060
Assessed 2024
Previous assessed
$96,060
+0.0% YoY
Effective rate
4.71%
On assessed value
Assessed land
$57,690
Assessed improvement
$38,370
Land market value
$57,690
Improvement market value
$38,370
Total market value
$96,060
Applied tax rate
52.0000
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
Breakfast & diners
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
HOT WATER
Cooling
NONE
Stories
2
Rooms
5
Bathrooms
1
Total area
2,183 SF
Lot
0.06 ac (2,652 SF)
Zoning code
B2
APN
52-00-01489-00-7
UPID
US73-2640346
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
B2 · Erdenheim, PA
Zoning B2 · permitted uses
B2 · Erdenheim, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erdenheim. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
5
Bathrooms
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Anne E Keenan
Individual
Free & Clear · 14 yrs held
Mailing address
1423 N BETHLEHEM PIKE, AMBLER, PA 19002-4323
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2011
—
Anne E Keenan
Hazell Betty A
Grant 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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