Back to Search
Property profile & analytics
FOR LEASE
Drive through restaurants
901 E Main St Palmyra, PA 17078
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-3189921
For Lease
Contact for pricing
901 E Main St, Palmyra, PA 17078
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2015
Total area
3,861 SF
Lot
0.85 ac (37,026 SF)
APN
16-2293828-359382-0000
UPID
US73-3189921
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
$7.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.01M
Owner & transaction history
Hogg Family Investment Prtnrshp II · 2 yrs held
Hogg Family Investment Prtnrshp II
since 2024
Last sale
$10.3M
7 recorded transactions
Zoning & alternative use
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 Palmyra submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmyra 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
$7,640,000
ML approach
$7,810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.01M
Range $8.11M – $9.91M · ±10% · vs last sale $10.30M (Jul 20 2022)
Last sale anchor
$10.30M
Jul 20 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
$2,334 / 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
$24,613
Tax year 2024
Assessed value
$975,000
Assessed 2024
Previous assessed
$975,000
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$370,400
Assessed improvement
$604,600
Land market value
$380,287
Improvement market value
$620,739
Total market value
$1,001,026
Applied tax rate
6.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
2015
Heating
NONE
Stories
1
Total area
3,861 SF
Lot
0.85 ac (37,026 SF)
APN
16-2293828-359382-0000
UPID
US73-3189921
Jurisdiction
LEBANON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Stories
1
Lot
0.85 ac
Current owner
From public records · entity-resolved
Hogg Family Investment Prtnrshp II
Entity
Free & Clear · 2 yrs held
Mailing address
636 OLD YORK RD, JENKINTOWN, PA 19046-2858
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 8, 2024
$650,000
Hogg Family Investment Prtnrshp II
Hogg Family Investment LP
Deed
—
Dec 12, 2022
—
Palmyra Mzl LLC
—
Deed
related
$7,725,000 · First Commonwealth Bank
Aug 11, 2022
—
Palmyra Mzl LLC
—
Deed
related
$7,000,000 · Firstrust Bank
Jul 20, 2022
$10,300,000
Palmyra Pzl LLC
Cedar Palmyra LLC
Special Warranty Deed
—
Aug 11, 2021
—
Cedarpalmyra LLC
Cedarpalmyra LLC
Intrafamily Transfer
related
—
Jun 4, 2019
—
Borough Palmyra
Cedar-palmyra LLC
Quitclaim Deed
related
—
May 19, 2016
—
Hogg Family Investment Limited Part
—
Deed
related
$2,000,000 · York Traditions Bank
—
—
Cedar Palmyra LLC
—
Deed Of Trust
related
—
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?”
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.
