Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1017 Arch St, Unit 2B1 Philadelphia, PA 19107-2329
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1017 Arch St, Unit 2B1 Philadelphia, PA 19107-2329

    View on Map
    • Office properties & Spaces
    • 750 SF
    Off-Market
    Property ID
    US73-3137845
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Love Noodle / Restaurant
    • Fairmount Guest House / Bed & Breakfast / Hotel & Motel
    • National Lead Services / Environmental Consultant / Educational Institution
    • 小肥羊 / Restaurant

    Property Details for 1017 Arch St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    750 SF
    Zone code
    CMX4
    Property type
    Office properties & Spaces
    APN
    88-8-5004-50
    APU
    888500450

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.157
    Latitude
    39.954
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,965
    $21,038
    $119,362
    $140,400
    -
    $21,038
    $119,362
    $140,400

    Comparable in this City

    • Value Estimation by Request
      11,500 SF

      1209 Vine St

      Office properties & Spaces • 11,500 SF
      1209 Vine St, Philadelphia, PA 19107
      View Details
    • Value Estimation
      $39,725,000
      240,692 SF

      907 Market St Sta, Unit A

      CONDOMINIUM OFFICES • 240,692 SF
      907 Market St Sta, Philadelphia, PA 19107-3110
      View Details
    • Value Estimation
      $8,590,000
      44,258 SF

      1150 Market St, Unit 98

      CONDOMINIUM OFFICES • 44,258 SF
      1150 Market St, Philadelphia, PA 19107-3601
      View Details
    • Value Estimation
      $41,700,000
      205,793 SF

      907 Market St, Unit B

      CONDOMINIUM OFFICES • 205,793 SF
      907 Market St, Philadelphia, PA 19107-3110
      View Details
    • Value Estimation by Request

      1326 Spruce St, Unit C3

      CONDOMINIUM OFFICES
      1326 Spruce St, Philadelphia, PA 19107-5826
      View Details
    • Value Estimation by Request
      350,022 SF

      801 Market St, Unit 2

      CONDOMINIUM OFFICES • 350,022 SF
      801 Market St, Philadelphia, PA 19107-3126
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,950 SF

      Walnut Street Mixed-Use Development Opportunity

      Mixed-use property in Midtown Village with development potential.
      1326 Walnut St, Philadelphia, PA 19107
      View Details
    • Contact for pricing
      8,004 SF

      Medical Office Space Near Drexel

      Medical office space for rent near Drexel Medicine Center City.
      235 N Broad St, Philadelphia, PA 19107
      View Details
    • Contact for pricing

      Development Opportunity in Chinatown

      Approved new construction development site in a prime location.
      1026 Winter St, Philadelphia, PA 19107
      View Details
    • $2,450,000
      4,200 SF

      Renovated Mixed-Use Building in Philadelphia

      Extensively renovated mixed-use property in Washington Square West.
      1108 Pine St, Philadelphia, PA 19107
      View Details
    • Contact for pricing
      12,960 SF

      Medical Office Space Available

      Medical office space for lease or purchase near major hubs.
      227 N Broad St, Philadelphia, PA 19107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      26,585 SF

      Modern Office Space Available

      Centrally located office space with on-site amenities and parking.
      1319 Market St, Philadelphia, PA 19107
      View Details
    • Contact for pricing
      4,572 SF

      Classic Office Space For Rent

      Nine-story office building near Convention Center and Reading Terminal.
      211 N 13Th St, Philadelphia, PA 19107
      View Details
    • $27 SF/Yr
      3,346 SF

      Office Space for Rent

      751 square feet of office space available for lease.
      1313 Walnut St, Philadelphia, PA 19107
      View Details
    • Contact for pricing
      25,086 SF

      Market Street Office Space Available

      25,086 SF office space for rent on Market Street.
      901-937 Market St, Philadelphia, PA 19107
      View Details
    • $30 SF/Yr
      9,800 SF

      Washington Square Retail/Medical Office Space

      Corner ground floor retail/medical office space for lease.
      125 S 9Th St, Philadelphia, PA 19107
      View Details
    • Contact for pricing
      1,659 SF

      Prime Location Office and Retail

      Office and retail spaces in a vibrant, accessible location.
      1001 Vine St, Philadelphia, PA 19107
      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.
    1017 Arch St, Unit 2B1
    Philadelphia, PA 19107-2329
    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.
    Sign Up Successful!
    You now have access to more from Realmo!