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    CENTURY 21 ADVANTAGE GOLD

    1708 Welsh Road, Philadelphia, PA 19115
    (215) 671-4701
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    New Jersey

    Pennsylvania

    Property Types

    • Land
    • Residential Multi Family

    Listings

    For Sale (9)

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    Germantown Avenue Development Opportunity
    $135,000
    0.09 Acres

    Germantown Avenue Development Opportunity

    4,005 sq ft lot in historic Germantown Avenue community.

    4916 Germantown Ave, Philadelphia, PA 19144
    View details
    Residential Land in Harrowgate
    $40,000
    0.02 Acres

    Residential Land in Harrowgate

    Residential land in up-and-coming Harrowgate neighborhood.

    3362 Collins St, Philadelphia, PA 19134
    View details
    Land For Sale Philadelphia
    Contact for pricing
    0.01 Acres

    Land For Sale Philadelphia

    Land available in Philadelphia, Pennsylvania.

    2912 N Leithgow St, Philadelphia, PA 19133
    View details
    Philadelphia Triplex For Sale
    $349,900
    1,698 SF

    Philadelphia Triplex For Sale

    Triplex in Philadelphia available for sale in as-is condition.

    1640 W Stiles St, Philadelphia, PA 19121
    View details
    Philadelphia Triplex Renovation Opportunity
    $150,000
    2,220 SF

    Philadelphia Triplex Renovation Opportunity

    Triplex opportunity near Temple University, needs complete renovation.

    3221 N 15Th St, Philadelphia, PA 19140
    View details
    Rhawnhurst Colonial Multifamily Opportunity
    $419,000
    1,440 SF

    Rhawnhurst Colonial Multifamily Opportunity

    Unique multifamily property in Northeast Philadelphia with artistic details.

    1808 Griffith St, Philadelphia, PA 19111
    View details
    Tenant-Occupied Multifamily Investment Opportunity
    $225,000
    1,092 SF

    Tenant-Occupied Multifamily Investment Opportunity

    Multifamily property with existing leases in Philadelphia.

    1979 73Rd Ave, Philadelphia, PA 19138
    View details
    Iconic Italian Market Retail Opportunity
    $500,000

    Iconic Italian Market Retail Opportunity

    Three-story mixed-use property in Philadelphia's historic Italian Market.

    1015 S 9Th St, Philadelphia, PA 19147
    View details
    Mixed-Use Building with Commercial Spaces
    $270,000

    Mixed-Use Building with Commercial Spaces

    Four-story mixed-use building with commercial and residential potential.

    4324-26 Frankford Ave, Philadelphia, PA 19124
    View details

    For Lease (1)

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    Open Floor Plan Retail Space
    $2,200 / Mo
    3,402 SF

    Open Floor Plan Retail Space

    Retail space with open floor plan and basement storage.

    1 N East Blvd, Newfield, NJ 08344
    View details

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    CENTURY 21 ADVANTAGE GOLD
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    CENTURY 21 ADVANTAGE GOLD
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