Property profile

815 Newark Rd Avondale, PA 19311

OFF-MARKET
Turn key restaurants
Property ID
US73-2383485
18,750 SF 2.72 ac lot Built 2018
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2018
Total area 18,750 SF
Lot 2.72 ac (118,483 SF)
Zoning code HC
APN 6003 01160000
UPID US73-2383485

Cap rate & NOI

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

Location

815 Newark Rd Avondale, PA 19311
Avondale metro Census 306504 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.28M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.31M
Blend (final) Blend
$6.40M

Owner & transaction history

since 2021
Last sale
$4.9M
7 recorded transactions
2021
Price N/A
2021
$4.9M
2018
Price N/A
2018
$1.0M
2011
Price N/A
2006
$1.2M
1998
$750,000

Zoning & alternative use

HC · Avondale, PA
Top alternative use upside
Commercial (general) $4.3M +5.5%

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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