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Property profile & analytics
OFF-MARKET
Estimated value
$1,150,000
Turn key restaurants
75 Main St Wellsboro, PA 16901-1503
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5001332
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1901
Total area
11,520 SF
Lot
0.14 ac (6,078 SF)
APN
39/ 04B00/ 028./ /000
UPID
US73-5001332
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.15M
Owner & transaction history
Crcv Enterprises LLC · 4 yrs held
Crcv Enterprises LLC
since 2022
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+10.4%
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 Wellsboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wellsboro 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
$1,155,000
ML approach
$1,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$920,000
Current use
AUTO REPAIR, GARAGE
$1,020,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$885,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$855,000
Change: -7% · Conversion: Easy
WAREHOUSE, STORAGE
$835,000
Change: -10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$755,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.15M
Range $1.04M – $1.27M · ±10% · vs last sale $1.15M (Apr 20 2022)
Last sale anchor
$1.15M
Apr 20 2022
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
$100 / SF
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
$24,988
Tax year 2024
Assessed value
$947,280
Assessed 2024
Previous assessed
$257,040
+268.5% YoY
Effective rate
2.64%
On assessed value
Assessed land
$66,740
Assessed improvement
$880,540
Land market value
$66,740
Improvement market value
$880,540
Total market value
$947,280
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1901
Heating
BASEBOARD
Cooling
NONE
Stories
2
Total area
11,520 SF
Lot
0.14 ac (6,078 SF)
APN
39/ 04B00/ 028./ /000
UPID
US73-5001332
Jurisdiction
TIOGA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$885,000
RETAIL STORES
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$755,000
RESTAURANT Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1901
Heating
BASEBOARD
Cooling
Yes
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Crcv Enterprises LLC
Entity
Mailing address
6387 RTE 287, WELLSBORO, PA 16901-6703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Apr 20, 2022
$1,150,000
Crcv Enterprises LLC
1517 Main Street LP
Deed
$920,000 · Citizens & Northern Bank
Aug 10, 2020
—
1517 Main Street LP
—
Deed
related
$700,000 · Members 1st FCU
Dec 19, 2012
$770,000
1517 Main Street LP
John M Aronson
Deed
$700,000 · Northwest Savings Bank
Aug 27, 2007
—
John M Aronson
John M Aronson
Intrafamily Transfer
related
—
Jun 10, 2005
—
John M Aronson
John M Aronson
Intrafamily Transfer
related
—
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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