You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $30,405,000
Office Spaces

111 15th St1b Philadelphia, PA 19102-2625

161,486 SF 0.38 ac lot Built 1929
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-0734150
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1929
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 161,486 SF
Lot 0.38 ac (16,560 SF)
Zoning code CMX5
APN 88-3-3248-00
UPID US73-0734150
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ROOST Midtown Hotel & Motel
  • The Packard Grande Condominium Complex
  • Philadelphia Wasp Nest Squad Animal Shelter Pet Adoption Service
  • Artisans & Company Kitchen Remodeler Architect
  • Best Whole Self Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$34.88M
Comparable Approach Comparable
$38.38M
Blend (final) Blend
$30.41M
Owner & transaction history
Chest-pac Associates
Chest-pac Associates
1 recorded transaction
1969
Price N/A
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "CMX" is used to indicate a mixed-…

Zone name Center City Commercial Mixed Use
General category MIXED_USE
Zone area 342.45 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Restaurant $50.0M +21.7%
Apartment house (5+ units) $44.9M +9.3%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 111 15th St1b?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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