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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Turn key restaurants
8824 Gap Newport Pike, Avondale, PA 19311
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2585327
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2002
Total area
10,301 SF
Lot
17.3 ac (753,588 SF)
Zoning code
CI2
APN
6003 01910000
UPID
US73-2585327
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
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$555k
Blend (final)
Blend
$505k
Owner & transaction history
Anthony A Vietri · 2 yrs held
Anthony A Vietri
since 2023
7 recorded transactions
Zoning & alternative use
CI2 · Avondale, 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 Avondale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avondale 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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$49 / 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
$13,997
Tax year 2024
Assessed value
$349,510
Assessed 2024
Previous assessed
$349,510
+0.0% YoY
Effective rate
4.00%
On assessed value
Assessed land
$199,800
Assessed improvement
$149,710
Land market value
$199,800
Improvement market value
$189,290
Total market value
$389,090
Applied tax rate
60.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2002
Heating
FORCED AIR
Cooling
NONE
Total area
10,301 SF
Lot
17.3 ac (753,588 SF)
Zoning code
CI2
APN
6003 01910000
UPID
US73-2585327
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CI2 · Avondale, PA
Zoning CI2 · permitted uses
CI2 · Avondale, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avondale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Cooling
Yes
Lot
17.3 ac
Current owner
From public records · entity-resolved
Anthony A Vietri
Individual
Mailing address
8822 GAP NEWPORT PIKE, AVONDALE, PA 19311-9740
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2023
—
Anthony A Vietri
Anthony A Vietri
Intrafamily Transfer
related
—
Sep 25, 2019
—
Joyce Vietri
—
Deed
related
$450,000 · Univest Bk & Tr Co
Nov 22, 2013
—
Joyce Vietri
Carozzo,carolina
Grant Deed
related
—
Aug 6, 2001
—
Carozzo Trust
Carolina Carozzo Estate
Quit Claim Deed
related
$1,000,000 · Downingtown National Bank
—
—
Carozzo Carolina Trust
—
Deed Of Trust
related
$50,000 · Fox Chase Bank
—
—
Joyce Vietri
—
Deed Of Trust
related
$450,000 · Univest Bk & Tr Co
—
—
Carozzo Carolina Trust
—
Deed Of Trust
related
$500,000 · Fox Chase 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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