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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Car washes
Logan Sq New Hope, PA 18938
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-3987013
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
1988
Total area
4,065 SF
Lot
0.09 ac (3,936 SF)
Zoning code
HC
APN
41-022-143-001
UPID
US73-3987013
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
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$515k
Blend (final)
Blend
$660k
Owner & transaction history
Good Hope Realty Assocaites LLC · 1 yrs held
Good Hope Realty Assocaites LLC
since 2025
Last sale
$660,000
7 recorded transactions
Zoning & alternative use
HC · New Hope, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
5-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31 CC Central Commercial District. § 275-32 HC Highway Commercial District. § 275-33 SC Shopping Center District. § 275-34 MU Mixed Use District. § 275-35 PRD Planned Residential Devel…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
21.73 ac
Top alternative use upside
Medical building
$1.0M
+6.2%
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
$660,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$945,000
Current use
MEDICAL BUILDING
$1,005,000
Change: +6% · Conversion: Difficult
OFFICE BUILDING
$840,000
Change: -11% · Conversion: Difficult
RETAIL STORES
$805,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $660k (Feb 22 2024)
Last sale anchor
$660k
Feb 22 2024
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
$162 / 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
$10,214
Tax year 2024
Assessed value
$62,400
Assessed 2024
Previous assessed
$62,400
+0.0% YoY
Effective rate
16.37%
On assessed value
Assessed improvement
$62,400
Improvement market value
$854,791
Total market value
$854,791
Applied tax rate
41.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
1988
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
4,065 SF
Lot
0.09 ac (3,936 SF)
Zoning code
HC
APN
41-022-143-001
UPID
US73-3987013
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
HC · New Hope, PAZoning HC · permitted uses
HC · New Hope, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
5-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31 CC Central Commercial District. § 275-32 HC Highway Commercial District. § 275-33 SC Shopping Center District. § 275-34 MU Mixed Use District. § 275-35 PRD Planned Residential Development District. § 275-36 LI Light Industrial District. § 275-37 LC Limited Commer
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
21.73 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$1.0M
OFFICE BUILDING
Est. value
$840,000
RETAIL STORES
Est. value
$805,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Good Hope Realty Assocaites LLC
Entity
Mailing address
636 OLD YORK RD STE, JENKINTOWN, PA 19046-2858
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
—
Good Hope Realty Assocaites LLC
Good Hope Realty Assocaites LLC
Deed
—
Feb 22, 2024
$660,000
Good Hopes Realty Associates LLC
Jjhmw LLC
Deed
—
Jun 4, 2002
$1,175,000
Jjhmw LLC
Four Seasons Car Wash INC
Grant Deed
$1,000,000 · Founders Bank
—
—
Jjhmw LLC
—
Deed Of Trust
related
$156,000 · Fox Chase Bank
—
—
Four Seasons Car Wash INC
—
Deed Of Trust
related
$650,000 · Premier Bank
—
—
Jjhmw LLC
—
Deed Of Trust
related
$150,000 · Bucks County Bank
—
—
Jjhmw LLC
—
Deed Of Trust
related
$600,000 · Susquehanna Patriot Bank
—
—
Jjhmw LLC
—
Deed Of Trust
related
$100,000 · Bucks County Bank
—
—
Jjhmw LLC
—
Deed Of Trust
related
$165,000 · Susquehanna Patriot 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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