Property profile

6970 Phillips Ml Rd New Hope, PA 18938

OFF-MARKET
Retail residential properties
Property ID
US73-1718839
2,524 SF 166.24 ac lot Built 1939
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1939
Total area 2,524 SF
Lot 166.24 ac (7,241,371 SF)
Zoning code R1
APN 41-028-010
UPID US73-1718839

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6970 Phillips Ml Rd New Hope, PA 18938-9684
New Hope metro Census 104303 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$915k

Owner & transaction history

since 2025
4 recorded transactions
2025
$3.3M
2010
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

R1 · New Hope, PA
Zoning description

§ 275-22 Accessory uses. § 275-23 Combined development uses. § 275-24 (Reserved) § 275-25 Prohibited uses near Delaware Canal. § 275-26 Lawful use not otherwise permitted. Article V Zoning District Regulations § 275-27 R…

General category RESIDENTIAL

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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