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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Turn key restaurants
994 Gap Newport Pike Cochranville, PA 19330-1784
Trust Owned
7-yr Hold
Free & Clear
Property ID
US73-3675157
Property summary
AI-generated overview
This exceptional investment opportunity presents a 9,100 square foot Dollar General convenience store located at 994 Gap Newport Pike, Cochranville, PA 19330. Built in 2016 and recently remodeled, this property sits on a 2.38-acre lot in a high-traffic area, boasting nearly 13,000 cars passing daily on a main artery connecting Wilmington and Lancaster. The property features a 7-year absolute NNN lease with a strong corporate guarantee from Dollar General Corporation, a Fortune 500 company with a BBB investment-grade credit rating and approximately a $25 billion market capitalization. The current occupancy is 100%, generating a Net Operating Income (NOI) of $122,011 and an 8.13% cap rate. The asking price is $1,500,000. The average household income within a 5-mile radius is approximately $125,438, indicating a strong and stable market. This is a turnkey investment with minimal management requirements, offering significant long-term potential for passive income generation. The property's strategic location, strong tenant, and favorable lease terms make it an attractive addition to any investment portfolio. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset in a desirable location.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2016
Total area
9,140 SF
Lot
2.38 ac (103,673 SF)
Zoning code
C
APN
4404 00640000
UPID
US73-3675157
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
-
Dollar General Discount Store
-
Western Union Bank Credit Union
-
FedEx OnSite Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$490k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$745k
Owner & transaction history
Pedersen,r & M Marital Exem Trust · 7 yrs held
Pedersen,r & M Marital Exem Trust
since 2018
3 recorded transactions
Zoning & alternative use
C · Cochranville, 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 Cochranville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cochranville 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
$490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$82 / 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
$26,160
Tax year 2024
Assessed value
$533,980
Assessed 2024
Previous assessed
$533,980
+0.0% YoY
Effective rate
4.90%
On assessed value
Assessed land
$58,100
Assessed improvement
$475,880
Land market value
$58,100
Improvement market value
$502,500
Total market value
$560,600
Applied tax rate
44.0000
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
2016
Heating
FORCED AIR
Cooling
CENTRAL
Units
1
Total area
9,140 SF
Lot
2.38 ac (103,673 SF)
Zoning code
C
APN
4404 00640000
UPID
US73-3675157
Jurisdiction
CHESTER
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
C · Cochranville, PAZoning C · permitted uses
C · Cochranville, PA
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
2016
Heating
FORCED AIR
Cooling
Yes
Units
1
Lot
2.38 ac
Current owner
From public records · entity-resolved
Pedersen,r & M Marital Exem Trust
Trust
Free & Clear · 7 yrs held
Mailing address
15478 HOUSTON AVE, LEMOORE, CA 93245-9529
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2018
$1,930,000
Pedersen,r & M Marital Exem Trust
Durritzague 2003 Trust
Grant Deed
—
Jan 18, 2018
$1,700,000
Durritzague 2003 Trust
Cochranville Dg LLC
Grant Deed
—
Jun 30, 2016
$335,000
Cochranville Dg LLC
Chae T Goh
Deed
$1,502,000 · Midwest Regional 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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