Property profile

1041 Race St Philadelphia, PA 19107

OFF-MARKET
Investment properties
Property ID
US73-2720280
3,096 SF 0.02 ac lot Built 1925
Individually Owned 14-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,096 SF
Lot 0.02 ac (762 SF)
Zoning code CMX4
APN 87-1-0603-00
UPID US73-2720280

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Photography Service (Bike/Boat/Book/etc) Store

Location

1041 Race St Philadelphia, PA 19107-1810
Philadelphia metro Census 200 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2012
1 recorded transaction
2012
$188,755

Zoning & alternative use

CMX4 · Philadelphia, PA
Zoning description

CMX-4 Core Commercial Mixed-Use C-4 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 >> C-6 (.2) Map Symbols. (.a) The alphanumeric ma…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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