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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Turn key restaurants
765 2nd St Pike Southampton, PA 18966-3948
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-2309624
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1971
Total area
10,756 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RS
APN
48-013-188
UPID
US73-2309624
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
-
ATM Atm
-
Las Margaritas 2 Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$430k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$600k
Owner & transaction history
Victor Perez · 17 yrs held
Victor Perez
since 2009
6 recorded transactions
Zoning & alternative use
RS · Southampton, PA
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 Southampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southampton 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
$430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$56 / 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
$17,111
Tax year 2024
Assessed value
$80,000
Assessed 2024
Previous assessed
$80,000
+0.0% YoY
Effective rate
21.39%
On assessed value
Assessed land
$38,360
Assessed improvement
$41,640
Land market value
$525,477
Improvement market value
$570,408
Total market value
$1,095,885
Applied tax rate
48.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1971
Heating
CENTRAL
Cooling
YES
Stories
1
Units
251
Total area
10,756 SF
Lot
0.92 ac (40,075 SF)
Zoning code
RS
APN
48-013-188
UPID
US73-2309624
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RS · Southampton, PA
Zoning RS · permitted uses
RS · Southampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southampton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
251
Lot
0.92 ac
Current owner
From public records · entity-resolved
Victor Perez
Individual
Mailing address
504 LARZELERE RD, BENSALEM, PA 19020-1646
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2009
$1,000,000
Victor Perez
Coba INC
Deed
$600,000 · Washington Savings Bank
May 6, 2008
$994
Coba INC
Sheriff Of Bucks County
Trustees Deed
related
—
Apr 29, 2008
$994
Coba INC
Owner Name Unavailable
Grant Deed
related
—
Jul 21, 2005
$1,500,000
Anastasakis Pippos LLC
Salah Pippos LLC
Deed
$2,000,000 · Commerce Bank NA
Dec 15, 2003
$700,000
Salah Pippos LLC
Tarascio,antonio & Maria
Grant Deed
$1,375,000 · First Penn Bank
—
—
Antonio Tarascio
—
Deed Of Trust
related
$610,000 · Ifa Federal Savings
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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