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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Bars & Pubs
7246 Kelly St Pittsburgh, PA 15208-1809
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-0529437
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Lot
0.7 ac (30,487 SF)
APN
174-N-24
UPID
US73-0529437
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
-
D&C Sandwich Express Take-out & Catering
-
Baby Egypt Photography Photography Service (Bike/Boat/Book/etc) Store
-
Galaxy Lounge & Entertainment Center Bar & Pub Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Derrick Hemby · 9 yrs held
Derrick Hemby
since 2017
5 recorded transactions
Zoning & alternative use
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 Pittsburgh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pittsburgh 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
Method
Estimation
Statistic approach
by Request
ML approach
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,601
Tax year 2024
Assessed value
$112,900
Assessed 2024
Previous assessed
$112,900
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$18,200
Assessed improvement
$94,700
Land market value
$18,200
Improvement market value
$94,700
Total market value
$112,900
Applied tax rate
113.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Heating
NONE
Lot
0.7 ac (30,487 SF)
APN
174-N-24
UPID
US73-0529437
Jurisdiction
ALLEGHENY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.7 ac
Current owner
From public records · entity-resolved
Derrick Hemby
Individual
Mailing address
1001 PATRISA DR, EXPORT, PA 15632-3905
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2022
—
Carla Hemby
—
Deed
related
$82,000 · Urban Redevelopment Authority Of Pittsbu
Aug 28, 2020
—
Derrick L Hemby
—
Deed
related
$190,000 · Keybank N A
Jul 11, 2017
—
Derrick Hemby
Curtis M Jones
Grant Deed
$65,000 · Bridgeway Capital INC Bridgeway Capital INC
Jun 17, 1999
$93,500
B&b Transit Co
Rtr Manufacturing Co
Grant Deed
$10,000 · Seller
—
—
B & B Transit Co
—
Deed Of Trust
related
$350,000 · Pennsylvania Minority Business
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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