Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1325 21st St Philadelphia, PA 19146-4304

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1325 21st St Philadelphia, PA 19146-4304

    View on Map
    • Investment properties
    • 1,347 SF
    • 0.02 lot acres
    Off-Market
    Last Sale Apr 25, 2023
    $125,000
    Property ID
    US73-5784418
    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

    • Rissy’sUnisexSalon / Hair Salon / Nail Salon

    Property Details for 1325 21st St

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.02 lot acres
    Property size
    1,347 SF
    Zone code
    CMX2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    87-1-5481-80
    APU
    871548180

    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
    -75.179
    Latitude
    39.9347
    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
    $2,017
    $28,820
    $115,280
    $144,100
    -
    $28,820
    $115,280
    $144,100

    Comparable in this City

    • Value Estimation by Request
      1,467 SF

      1554 Bailey St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,467 SF
      1554 Bailey St, Philadelphia, PA 19146-4414
      View Details
    • Value Estimation
      $1,895,000
      11,295 SF

      622 Broad St, Unit 26

      OFFICE/RESIDENTIAL (MIXED USE) • 11,295 SF
      622 Broad St, Philadelphia, PA 19146-1614
      View Details
    • Value Estimation by Request
      1,184 SF

      1717 Reed St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,184 SF
      1717 Reed St, Philadelphia, PA 19146-4747
      View Details
    • Value Estimation
      $540,000
      2,970 SF

      1947 Christian St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,970 SF
      1947 Christian St, Philadelphia, PA 19146-1834
      View Details
    • Value Estimation
      $665,000
      2,970 SF

      2101 Christian St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,970 SF
      2101 Christian St, Philadelphia, PA 19146-1795
      View Details
    • Value Estimation
      $595,000
      2,652 SF

      2350 Christian St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,652 SF
      2350 Christian St, Philadelphia, PA 19146-2504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,853 SF

      Point Breeze Mixed-Use Development Site

      Approved mixed-use development site in Point Breeze.
      1437 Point Breeze Ave, Philadelphia, PA 19146
      View Details
    • Contact for pricing
      33,650 SF

      Redevelopment Opportunity in Philadelphia

      Three contiguous properties totaling 33,650 SF in rapidly redeveloping area.
      2019-2029 Washington Ave, Philadelphia, PA 19146
      View Details
    • $225,000
      0.03 Acres

      Mixed-Use Property in Rapidly Developing Area

      Mixed-use property in Philadelphia, great location near universities.
      2838 Wharton St, Philadelphia, PA 19146
      View Details
    • $225,000
      0.02 Acres

      Philadelphia Mixed-Use Property For Sale

      Mixed-use property in a rapidly developing area near universities.
      2836 Wharton St, Philadelphia, PA 19146
      View Details
    • New
      $590,000
      1,576 SF

      Mixed-Use Property in Philadelphia

      Mixed-use property with commercial and residential units in Philadelphia.
      2501 Carpenter St, Philadelphia, PA 19146
      View Details
    • $849,000
      0.11 Acres

      Point Breeze Development Opportunity

      Prime commercial/mixed-use land parcel in Point Breeze, Philadelphia.
      1429-35 Point Breeze Ave, Philadelphia, PA 19146
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent, single tenant, 31,421 SqFt.
      2408-46 Ellsworth St, Philadelphia, PA 19146
      View Details
    • Contact for pricing
      35,000 SF

      Graduate Hospital Warehouse Space Available

      Warehouse space for lease near Graduate Hospital and Point Breeze.
      2446 Ellsworth St, Philadelphia, PA 19146
      View Details
    • Contact for pricing
      40,000 SF

      Mixed-Use Building with Retail Space

      Mixed-use building featuring retail, office, and residential spaces.
      510 N Broad St, Philadelphia, PA 19146
      View Details
    • Contact for pricing
      21,718 SF

      North Broad Street Retail Opportunity

      Corner retail space in a 201-unit apartment building.
      922 N Broad St, Philadelphia, PA 19146
      View Details
    • $900 /Mo

      High Visibility Office Space

      New office space, ideal for various professional services.
      423 Front St, Philadelphia, PA 19146
      View Details
    • $12 SF/Yr
      6,000 SF

      6,000 SF Retail Space Available

      6,000 SF second-floor retail space with private gated parking.
      1725 S 25Th St, Philadelphia, PA 19146
      View Details

    Property Visit Statistics

    • Visits by month
      858
    • Visitors by month
      1.2k
    • Avg Time on site
      14 min
    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.
    1325 21st St
    Philadelphia, PA 19146-4304
    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

    Thank You for Inquiry

    1325 21st St, Philadelphia, PA, 19146

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!