Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    68 Rittenhouse Pl Ardmore, PA 19003-2227

    • Turn key restaurants
    • 2,500 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US73-0302063
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rittenhouse Beer And Deli / Sandwich Shop / Fast Food Restaurant
    • Mr. Korea / Restaurant

    Property Details for 68 Rittenhouse Pl

    Year built
    1910
    Lot size
    0.03 lot acres
    Property size
    2,500 SF
    Zone code
    ASDD2
    Property type
    Turn key restaurants
    APN
    40-00-50516-00-6
    APU
    400050516006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $290,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $230,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $240,000
      Mixed-Use
      $275,000
      Hospitality
      $235,000
      Educational
      $270,000
      Residential Income
      $270,000
      Energy
      $260,000
      Income-Based Land
      $230,000
      Food Service
      $265,000

    Location Insight

    • Map
    • Local Demand
    City
    Ardmore
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.2916
    Latitude
    40.006
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,179
    $67,010
    $56,980
    $123,990
    -
    $67,010
    $56,980
    $123,990

    Comparable in this City

    • Value Estimation
      $800,000
      3,123 SF

      130 Lancaster Ave

      RESTAURANT • 3,123 SF
      130 Lancaster Ave, Ardmore, PA 19003-1305
      View Details
    • Value Estimation by Request
      12,094 SF

      35 Cricket Ter

      RESTAURANT • 12,094 SF
      35 Cricket Ter, Ardmore, PA 19003-2203
      View Details
    • Value Estimation
      $705,000
      2,080 SF

      210 Lancaster Ave

      RESTAURANT • 2,080 SF
      210 Lancaster Ave, Ardmore, PA 19003-3210
      View Details
    • Value Estimation
      $435,000
      4,800 SF

      202 Lancaster Ave

      RESTAURANT • 4,800 SF
      202 Lancaster Ave, Ardmore, PA 19003-3210
      View Details
    • Value Estimation
      $505,000
      3,377 SF

      38 Rittenhouse Pl

      RESTAURANT • 3,377 SF
      38 Rittenhouse Pl, Ardmore, PA 19003-2227
      View Details
    • Value Estimation
      $450,000
      3,417 SF

      111 Lancaster Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,417 SF
      111 Lancaster Ave, Ardmore, PA 19003-1401
      View Details

    Similar Nearby for Sale

    • $2,200,000
      17,500 SF

      Ardmore Storefront: Prime Retail Space

      17,500 SF Retail, Vacant, High-Demand Location
      10 Lancaster Ave, Ardmore, PA 19003
      View Details
    • New
      $350,000
      0.02 Acres

      Fully Occupied Investment Opportunity

      Retail and residential income property in Ardmore, PA.
      694 Pont Reading Rd, Ardmore, PA 19003
      View Details
    • $650,000
      1,228 SF

      Prime Ardmore Location Opportunity

      Investment opportunity in a walkable, amenity-rich Ardmore neighborhood.
      10 Cricket Ave, Ardmore, PA 19003
      View Details
    • $1,100,000
      1,800 SF

      Ardmore Retail Space: Prime Location

      1800 sq ft Retail Space - High Visibility
      58 Rittenhouse Pl, Ardmore, PA 19003
      View Details
    • $1,100,000
      0.10 Acres

      Prime Commercial Space in Ardmore

      Versatile 1800 sq ft commercial property in a vibrant area.
      58 Rittenhouse Pl, Ardmore, PA 19003
      View Details
    • $850,000
      3,600 SF

      Ardmore Mixed-Use Investment Opportunity

      High-yield, multi-income Ardmore property.
      2738- County Line Rd, Ardmore, PA 19003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      403,874 SF

      Ardmore Retail Center Investment

      Main Line Retail Space Available
      0 Montgomery Ave. & Anderson Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      4,000 SF

      Ardmore Retail Space: Lancaster Ave

      Prime Ardmore retail/office space, 2,000-4,000 SF.
      6 Lancaster Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      5,100 SF

      Retail Space in Ardmore Center

      Retail space available in affluent Main Line market.
      169-195 W Lancaster Ave, Ardmore, PA 19003
      View Details
    • Contact for pricing
      5,264 SF

      Retail Space in Suburban Square

      Lifestyle center retail space for lease in Ardmore, PA.
      42 Saint James Pl, Ardmore, PA 19003
      View Details
    • Contact for pricing
      1,162 SF

      Retail Space in Suburban Square

      Retail space available in a lifestyle center.
      75 Saint James Pl, Ardmore, PA 19003
      View Details
    • Contact for pricing
      446 SF

      Retail Space in Suburban Square

      Retail space available in a lifestyle center.
      100 Coulter Ave, Ardmore, PA 19003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    68 Rittenhouse Pl
    Ardmore, PA 19003-2227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.