New search
Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Retail residential properties
9 Mechanic St New Hope, PA 18938-1204
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0449106
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1850
Total area
1,187 SF
Lot
0.04 ac (1,699 SF)
Zoning code
CC
APN
27-010-092-001
UPID
US73-0449106
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
-
Nozomu Sushi Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$785k
Owner & transaction history
John Radwell · 4 yrs held
John Radwell
since 2022
Last sale
$797,000
6 recorded transactions
Zoning & alternative use
CC · New Hope, 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 New Hope submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hope 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
$775,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±10% · vs last sale $797k (May 9 2022)
Last sale anchor
$797k
May 9 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
$661 / 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
$7,085
Tax year 2024
Assessed value
$46,420
Assessed 2024
Previous assessed
$46,420
+0.0% YoY
Effective rate
15.26%
On assessed value
Assessed land
$15,320
Assessed improvement
$31,100
Land market value
$209,862
Improvement market value
$426,026
Total market value
$635,888
Applied tax rate
27.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1850
Heating
CENTRAL
Cooling
YES
Stories
2
Units
1
Rooms
5
Bathrooms
1
Total area
1,187 SF
Lot
0.04 ac (1,699 SF)
Zoning code
CC
APN
27-010-092-001
UPID
US73-0449106
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CC · New Hope, PA
Zoning CC · permitted uses
CC · New Hope, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hope. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1850
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Rooms
5
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
John Radwell
Individual
Mailing address
9 W MECHANIC ST, NEW HOPE, PA 18938-1204
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2022
$797,000
John Radwell
Rps Investments Corp
Deed
—
Oct 22, 2019
$699,000
Rps Investment Corp
Tidbits LLC
Grant Deed
—
Jun 22, 2017
—
Tidbits LLC
—
Deed
related
$100,000 · Penn Community Bank
Jul 1, 2011
$310,000
Tidbits LLC
Bois Of New Hope LLC
Grant Deed
$290,000 · Michael G & Lauren G Bird
Sep 29, 2004
$430,000
Bois Of New Hope LLC
Shapiro,leonard H & Patricia A
Grant Deed
$344,000 · Wachovia Bank NA
Feb 7, 2000
$385,000
Leonard H Shapiro
Ron Ritz Investments LLC
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9 Mechanic St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
