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Property profile & analytics
OFF-MARKET
Estimated value
$1,410,000
Turn key restaurants
938 Baltimore Pike Kennett Square, PA 19348-1800
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-2042976
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1930
Total area
8,624 SF
Lot
0.88 ac (38,370 SF)
Zoning code
MU
APN
6106Q00240000
UPID
US73-2042976
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
$1.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.41M
Owner & transaction history
Liu Real Estate Investment LLC · 6 yrs held
Liu Real Estate Investment LLC
since 2020
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
MU · Kennett Square, PA
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 Kennett Square submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kennett Square 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
$1,725,000
ML approach
$1,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.41M
Range $1.27M – $1.55M · ±10% · vs last sale $1.10M (Jan 3 2020)
Last sale anchor
$1.10M
Jan 3 2020
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
$163 / 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
$13,102
Tax year 2024
Assessed value
$332,030
Assessed 2024
Previous assessed
$332,030
+0.0% YoY
Effective rate
3.95%
On assessed value
Assessed land
$95,720
Assessed improvement
$236,310
Land market value
$95,720
Improvement market value
$269,910
Total market value
$365,630
Applied tax rate
61.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1930
Heating
FORCED AIR
Cooling
CENTRAL
Total area
8,624 SF
Lot
0.88 ac (38,370 SF)
Zoning code
MU
APN
6106Q00240000
UPID
US73-2042976
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
MU · Kennett Square, PAZoning MU · permitted uses
MU · Kennett Square, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1930
Heating
FORCED AIR
Cooling
Yes
Lot
0.88 ac
Current owner
From public records · entity-resolved
Liu Real Estate Investment LLC
Entity
Mailing address
104 W STATE ST, KENNETT SQUARE, PA 19348-3021
Ownership since
2020
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
Jan 3, 2020
$1,100,000
Liu Real Estate Investment LLC
938 East Baltimore Pike Partners Ll
Deed
$700,000 · Truist Bank
Dec 20, 2017
—
938 East Baltimore Pike Ptrs L
—
Deed
related
$300,000 · Fulton Bk NA
May 17, 2016
—
938 East Baltimore Pike Partners Ll
—
Deed
related
$500,000 · Wilmington Savings Fund Society Fsb
May 16, 2007
$650,000
938 East Baltimore Pike Partners Ll
Hugo Robert Maucher
Deed
$600,000 · The Peoples Bank Of Oxford
—
—
Riedlingen INC
—
Deed Of Trust
related
$50,000 · Peoples Bank Oxford
—
—
938 East Baltimore Pike Ptrs L
—
Deed Of Trust
related
$300,000 · Fulton Bk NA
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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