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Property profile & analytics
OFF-MARKET Estimated value $40,585,000
Office buildings

111 49th St Philadelphia, PA 19139-2718

390,000 SF 17.57 ac lot Built 2010
Trust Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-1966120
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2010
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 390,000 SF
Lot 17.57 ac (765,523 SF)
Zoning code SPINS
APN 88-3-0817-05
UPID US73-1966120
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
  • Mark A Novitsky Sr Md Physician
  • Schecker Neil MD Physician
  • Fischer Newell MD Physician
  • Pugliese M MD Physician
  • Scantap West Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$53.98M
Blend (final) Blend
$40.59M
Owner & transaction history
Bomf Vi Cpace Purchase Trust · 4 yrs held
Bomf Vi Cpace Purchase Trust
since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2019
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
SPINS · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§ 14-404. SP-INS, Institutional (Special Purpose) District. Share Download Bookmark Print (1) Purpose. The SP-INS, Institutional (Special Purpose) district is intended to encourage the development of institutional uses, commercially-related facilities to service the institutional complex and area, and certain other nonresidential uses in accordance with an a…

Zone name Special Purpose Institutional
General category CIVIC_INSTITUTIONAL
Zone area 809.89 ac
Source TITLE 14. ZONING AND PLANNING
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