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    Property profile & analytics

    127 15th St, Unit 31 Philadelphia, PA 19102-1503

    • Investment properties
    • 5,430 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-1927528
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 127 15th St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    5,430 SF
    Zone code
    CMX5
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    87-1-4032-60
    APU
    871403260

    Description

    This 1,400 square foot retail space, located at 127 N 15th St in Philadelphia, PA 19102, is ideally situated in the Middle City East submarket. A former restaurant, the property boasts a fully equipped kitchen, ready for immediate occupancy. The space is part of a larger 5,648 square foot building constructed in 1900 and zoned CMX-5. Benefiting from a prominent corner location, the property offers 48 feet of frontage on N 15th Street and 42 feet on Cherry Street, ensuring high visibility and accessibility for both pedestrians and vehicles. The high-traffic location is complemented by the presence of established businesses such as Trader Joe's, 7-Eleven, and the Pennsylvania Academy of the Fine Arts (PAFA) nearby. The property's excellent visibility and pedestrian traffic make it an attractive opportunity for a variety of retail uses. Outdoor seating is a possibility, further enhancing the space's appeal. Lease terms are negotiable. The building does not have elevators.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1645
    Latitude
    39.9554
    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
    $17,927
    $256,140
    $1,024,560
    $1,280,700
    -
    $256,140
    $1,024,560
    $1,280,700

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      125 15th St

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    Philadelphia, PA 19102-1503
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    Realmo Value Estimation

    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.

    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.

    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
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