Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    1757 Georges Ln Philadelphia, PA 19131

    • Commercial real estate
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0229501
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1757 Georges Ln

    Property type
    Commercial real estate

    Description

    This vacant residential lot, located at 1757 Georges Ln in Philadelphia, Pennsylvania (zip code 19131), presents a unique opportunity for building a new home. The property is zoned RSA-5 and measures 15 feet by 75 feet, offering a convenient size for construction. Situated in the Overbrook neighborhood, this lot enjoys a central location, providing easy access to Center City Philadelphia and various transportation options. The property is being sold "AS IS," and the seller is highly motivated. A $2,500 deposit and proof of funds are required within 48 hours of offer submission. The buyer is responsible for all utility hookups. This is an excellent chance to build in a desirable area

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2291429
    Latitude
    39.9840483

    Comparable in this City

    • $45,000
      0.03 Acres

      Philadelphia Land: Development Opportunity

      RM-1 zoned lot suitable for multi-unit development in West Philadelphia.
      5112 Harlan St, Philadelphia, PA 19131
      View Details
    • $50,000
      0.02 Acres

      Vacant Lot in Philadelphia

      Vacant lot zoned RM1, suitable for multi-family dwellings.
      905 N 47Th St, Philadelphia, PA 19131
      View Details
    • $949,900

      Carroll Park Development Land

      0.64-acre corner lot, prime investment.
      5406 Master St, Philadelphia, PA 19131
      View Details
    • $240,000
      1,562 SF

      Charming Rehabbed Residence with Backyard

      4-bedroom, 2-bath home with a large backyard and convenient location.
      5224 W Jefferson St, Philadelphia, PA 19131
      View Details
    • $225,000
      1,251 SF

      Spacious Condo with Included Utilities

      Two-bedroom, two-bath condo with utilities included and updated features.
      3600 Conshohocken Ave, Philadelphia, PA 19131
      View Details
    • $279,999

      Renovated Home in Wynnefield

      Renovated 3-bedroom, 2-bath home in Wynnefield with modern updates.
      1856 Georges Ln, Philadelphia, PA 19131
      View Details

    Similar Nearby for Sale

    • $949,900

      Carroll Park Development Land

      0.64-acre corner lot, prime investment.
      5406 Master St, Philadelphia, PA 19131
      View Details
    • $45,000
      0.03 Acres

      Philadelphia Land: Development Opportunity

      RM-1 zoned lot suitable for multi-unit development in West Philadelphia.
      5112 Harlan St, Philadelphia, PA 19131
      View Details
    • $50,000
      0.02 Acres

      Vacant Lot in Philadelphia

      Vacant lot zoned RM1, suitable for multi-family dwellings.
      905 N 47Th St, Philadelphia, PA 19131
      View Details
    • $280,000
      1,650 SF

      Philadelphia Multifamily Investment Opportunity

      Two adjacent four-unit properties in Philadelphia.
      5402-5404 W Girard Ave, Philadelphia, PA 19131
      View Details
    • $339,999

      Wynnefield Heights Residence with Roofdeck

      Chic 3 bed, 2 bath residence with private roofdeck.
      2711 Maya Ln Ln, Philadelphia, PA 19131
      View Details
    • $215,000
      1,134 SF

      Updated Three-Bedroom Philadelphia Rowhome

      Move-in ready, updated 3-bedroom rowhome near Cobbs Creek Trail.
      5540 Harmer St, Philadelphia, PA 19131
      View Details

    Similar Nearby for Lease

    • $1,250 /Mo

      West Philadelphia One-Bedroom Apartment

      Cozy 1-bedroom apartment in West Philadelphia, available for immediate occupancy.
      5315 Master St St #1, Philadelphia, PA 19131
      View Details
    • $1,200 /Mo
      1,307 SF

      Renovated Mixed-Use Property for Lease

      Versatile commercial space and residential units available for lease.
      5514 Lansdowne Ave, Philadelphia, PA 19131
      View Details
    • $1,850 /Mo
      972 SF

      Renovated West Philadelphia Home

      Updated 2 bed, 2 bath home with rent-to-own option.
      1671 N Wilton St, Philadelphia, PA 19131
      View Details
    • $1,325 /Mo

      Updated Apartment with Large Yard

      Updated 2-bedroom apartment in Carroll Park with in-unit laundry.
      1230 N 55Th St, Philadelphia, PA 19131
      View Details
    • Contact for pricing
      2,650 SF

      City Avenue Retail Endcap Space

      Prime Philadelphia Retail Opportunity: 2,650 SF Available
      4040 City Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing
      2,867 SF

      Retail Space on City Avenue

      Retail space available for lease in Philadelphia, PA.
      4510-4514 City Ave, Philadelphia, PA 19131
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1757 Georges Ln
    Philadelphia, PA 19131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.