Technical
Financial
Distress signals
Property profile

700 2nd St Pike Richboro, PA 18954

OFF-MARKET
Retail space
Property ID
US73-0778086
12,129 SF 1.26 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Total area 12,129 SF
Lot 1.26 ac (54,842 SF)
Zoning code R2
APN 31-008-001-003
UPID US73-0778086

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
  • Training Center Tutoring Service
  • Training Center
  • DJ & Entertainment Nightclub
  • Kennel & Boarding Facility
  • Theater & Performing Art Venue Vocational School

Location

700 2nd St Pike Richboro, PA 18954-1065
Richboro metro Census 105013 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.85M

Owner & transaction history

since 2024
Last sale
$1.9M
7 recorded transactions
2024
$1.9M
2022
$1.0M
2018
Price N/A
2004
$900,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R2 · Richboro, PA
Top alternative use upside
Medical building $3.0M +24.6%
Commercial (general) $2.9M +20.8%
Auto repair, garage $2.8M +17.3%

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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