Property profile

7092 Phillips Ml Rd New Hope, PA 18938

OFF-MARKET
Turn key restaurants
Property ID
US73-2214923
16,048 SF 10.16 ac lot Built 1920
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1920
Total area 16,048 SF
Lot 10.16 ac (442,352 SF)
Zoning code R2
APN 41-028-020-002
UPID US73-2214923

Cap rate & NOI

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

Location

7092 Phillips Ml Rd New Hope, PA 18938-5673
New Hope metro Census 104303 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$340k

Owner & transaction history

since 2013
2 recorded transactions
2013
$3.4M
1969
Price N/A

Zoning & alternative use

R2 · New Hope, PA
Zoning description

velopment 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 R1 Low-Density Residential District. § 275-28…

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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