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Property profile & analytics
OFF-MARKET
Estimated value
$3,620,000
Retail space
842 Durham Rd Newtown, PA 18940-9683
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-5925951
Property summary
AI-generated overview
This exceptional retail space is situated at 842 Durham Road in the vibrant town of Newtown, Pennsylvania. While the exact square footage is currently unavailable, this property presents a unique opportunity for businesses seeking a prominent location in a thriving community. The property is situated on a lot with no acreage specified. The address, 842 Durham Road, offers excellent visibility and accessibility for customers. Newtown boasts a strong local economy and a high concentration of desirable demographics, making it an attractive market for a variety of retail ventures. The property's location within Newtown provides easy access to major transportation routes, ensuring convenient commutes for both employees and customers. This presents a blank canvas for a discerning entrepreneur to establish a successful retail presence. Further details regarding the interior layout and potential build-out options are available upon request. Serious inquiries are encouraged to explore the possibilities of this prime retail space and its potential to contribute to the continued success of the Newtown business community. The asking price is currently being determined. Contact us today to schedule a viewing and discuss your business needs.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
13,842 SF
Lot
5.69 ac (248,074 SF)
Zoning code
VC2
APN
53-006-001
UPID
US73-5925951
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
by Request
CAP Approach
CAP
$3.09M
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$3.62M
Owner & transaction history
Anchor Crossing · 20 yrs held
Anchor Crossing
since 2005
7 recorded transactions
Zoning & alternative use
VC2 · Newtown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+63.8%
Apartment house (5+ units)
$3.8M
+38.0%
Office building
$3.5M
+26.6%
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 Newtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,350,000
6.5%
$3,090,000
7%
$2,870,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,740,000
Current use
RESTAURANT
$4,490,000
Change: +64% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,780,000
Change: +38% · Conversion: Difficult
OFFICE BUILDING
$3,470,000
Change: +27% · Conversion: Easy
MEDICAL BUILDING
$3,415,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,310,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,215,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,505,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$3.62M
Range $3.26M – $3.98M · ±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
$262 / 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
$71,623
Tax year 2024
Assessed value
$405,550
Assessed 2024
Previous assessed
$405,550
+0.0% YoY
Effective rate
17.66%
On assessed value
Assessed land
$56,960
Assessed improvement
$348,590
Land market value
$780,271
Improvement market value
$4,775,185
Total market value
$5,555,456
Applied tax rate
53.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
13,842 SF
Lot
5.69 ac (248,074 SF)
Zoning code
VC2
APN
53-006-001
UPID
US73-5925951
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
VC2 · Newtown, PA
Zoning VC2 · permitted uses
VC2 · Newtown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newtown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1987
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
5.69 ac
Current owner
From public records · entity-resolved
Anchor Crossing
Individual
Mailing address
10059 SANDMEYER LN, PHILADELPHIA, PA 19116-3501
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2020
—
Anchor Crossing LP
—
Deed
related
$5,600,000 · Firstrust Bk
Sep 16, 2010
—
Anchor Crossing LP
—
Deed Of Trust
related
$6,000,000 · Firstrust Bank
Dec 12, 2005
$5,000,000
Anchor Crossing
Sadg-11 Associates
Grant Deed
$5,000,000 · Sovereign Bank
Jun 7, 2004
$3,450,000
Sadg-11 Associates
Deluca,alfonso
Grant Deed
$4,908,000 · First National Community Bank
Mar 6, 1998
—
Alfonso Deluca
—
Deed Of Trust
related
$1,200,000 · Corestates Bank
—
—
Alfonso Deluca
—
Deed Of Trust
related
$1,500,000 · First Union National Bank
—
—
Anchor Crossing LP
—
Deed Of Trust
related
$5,600,000 · Firstrust Bk
—
—
Sadg-ii Associates
—
Deed Of Trust
related
$3,900,000 · First National Community Bank
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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