Property profile

1002 Arch St Philadelphia, PA 19107

FOR SALE
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Property ID
US73-0265622
11,300 SF 0.06 ac Built 1925
Last sale Sep 2025·$2,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This corner restaurant space is configured for food service and includes installed assets. The interior layout features a dining room, a large commercial kitchen, and a full basement that provides walk-in cooler and freezer space, ample storage, and additional utility areas. The premises are located at the intersection of 10th Street and Arch Street in Philadelphia’s Chinatown, positioned along a highly visible corner near Center City destinations including the Pennsylvania Convention Center and Reading Terminal Market.

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?
$16k
Tax billed · 2023
Assessed value$1.13M
Assessed land$338k
Assessed improvement$788k
Effective rate1.40%

Value estimate

· Nov 2026
$620k
$558k – $682k
CAP approach$2.74M
Submarket $/SF estimate$2.41M
NOI build-up
Gross scheduled income$55k
Vacancy & credit loss−$4k
Operating expenses−$13k
NOI · 22.29% cap applied$38k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$313/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$213 – $453
Qualifying comparables9

Cap rate analysis

How does the asset earn?
22.29%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CMX5
CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >>...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.0
Tanning Salon6.8
Pet Grooming Service5.6

Location

1002 Arch St Philadelphia, PA 19107
County assessor Recorded deeds · 2 transfers 9 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
1000 Spruce, Philadelphia, PA 19107-6000 $600,000 Nov 2025 7,800 SF
1204 Chestnut, Philadelphia, PA 19107-4851 $3,800,000 May 2025 15,052 SF
106 11th, Philadelphia, PA 19107-4869 $5,762,500 Jun 2024 15,585 SF
146 10th, Philadelphia, PA 19107-2309 $700,000 Apr 2024 8,600 SF
1322 Locust, Philadelphia, PA 19107-5619 $1,500,000 Mar 2023 8,360 SF
1027 Spruce, Philadelphia, PA 19107-6713 $10,353,000 Nov 2022 8,862 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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