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    1326 Walnut St Philadelphia, PA 19107

    For Sale
    $1,250,000

    Development site near restaurants, transportation, and cultural centers.

    Property size:
    4,950 SF
    Lot size:
    0.03 Acres

    Property Features for 1326 Walnut St

    General Information

    Size
    4,950 SF
    Lot size
    0.03 Acres

    Source: Binswanger - Corporate Agent Chris Pennington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Location Mixed-Use Development Site

    This 4,950 square foot property is suitable for commercial mixed-use or multifamily development by right. The site benefits from a prominent street location in an area with ongoing commercial and residential development. It is situated within one block of popular restaurants and Broad Street, offering convenient access to the Broad Street Line and bus stations. The property is also located within minutes of a major hospital system and within walking distance of prominent cultural art centers. The property features an elevator and is sealed and dry. There is no historic zoning.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.163516
    Latitude
    39.949036

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    FAQs

    What type of property is this?
    Retail property - Development site near restaurants, transportation, and cultural centers.
    Where is this retail property located?
    The property is located at 1326 Walnut St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime location with commercial and residential development in the area; - Can build commercial mixed-use or all multifamily units by right; - No historic zoning restrictions
    (215) 448-6053
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    1326 Walnut St Philadelphia, PA 19107
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    Philadelphia, PA 19107
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    Realmo Value Estimation

    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.

    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.

    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
    1326 Walnut St Philadelphia, PA 19107
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