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Property profile

705 2nd St Philadelphia, PA 19123

OFF-MARKET
Turn key restaurants
Property ID
US73-0251353
3,303 SF 0.04 ac lot Built 1920
Last sale Dec 2019 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$747k
Assessed land$149k
Assessed improvement$597k
Effective rate1.40%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$270k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$113 – $493
Qualifying comparables28

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMX2.5
CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core ...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Watch Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Watch Repair Shop9.1
Shoe Repair8.9
Plumbing Service8.5

Location

705 2nd St Philadelphia, PA 19123-3007
County assessor Recorded deeds · 2 transfers 28 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
727 10th, Philadelphia, PA 19123-1902 $500,000 Jul 2025 2,777 SF
549 12th, Philadelphia, PA 19123-3332 $362,500 Jun 2025 2,441 SF
23 Girard, Philadelphia, PA 19123-1718 $7,000,000 Mar 2023 3,430 SF
447 Poplar, Philadelphia, PA 19123-2123 $650,000 Dec 2019 2,520 SF
905 Broad, Philadelphia, PA 19123-1013 $600,000 Dec 2019 4,000 SF
1200 Rdg, Philadelphia, PA 19123 $4,000,000 Oct 2019 2,302 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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