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Property profile & analytics
OFF-MARKET
Estimated value
$19,555,000
Warehouses
1331 Ivy Hl Rd, Philadelphia, PA 19150-1511
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-1792988
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Total area
136,788 SF
Lot
4.93 ac (214,751 SF)
Zoning code
I
APN
52-00-09484-00-4
UPID
US73-1792988
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
-
Ivy Hill Christian Academy High School
-
Foods from Heaven Take-out & Catering Catering Service
-
Fountain of Life Interplex Church
-
Life Storage - Philadelphia Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.56M
Owner & transaction history
Sh 7011 LLC · 3 yrs held
Sh 7011 LLC
since 2022
Last sale
$24.4M
7 recorded transactions
Zoning & alternative use
I · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$25.4M
+44.1%
Retail stores
$23.5M
+33.1%
Auto repair, garage
$21.6M
+22.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$22,185,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,235,000
6.5%
$15,910,000
7%
$14,775,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$17,615,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$25,380,000
Change: +44% · Conversion: Moderate
RETAIL STORES
$23,455,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$21,575,000
Change: +22% · Conversion: Easy
Blend value · Realmo final
$19.56M
Range $17.60M – $21.51M · ±10% · vs last sale $24.36M (Sep 22 2022)
Last sale anchor
$24.36M
Sep 22 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$221,474
Tax year 2023
Assessed value
$4,701,860
Assessed 2024
Previous assessed
$4,701,860
+0.0% YoY
Effective rate
4.71%
On assessed value
Total market value
$4,701,860
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
CENTRAL
Total area
136,788 SF
Lot
4.93 ac (214,751 SF)
Zoning code
I
APN
52-00-09484-00-4
UPID
US73-1792988
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I · Philadelphia, PA
Zoning I · permitted uses
I · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$17.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$25.4M
RETAIL STORES
Est. value
$23.5M
AUTO REPAIR, GARAGE
Est. value
$21.6M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Lot
4.93 ac
Current owner
From public records · entity-resolved
Sh 7011 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
6890 S 2300TH E, SALT LAKE CITY, UT 84171-6001
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2022
$24,363,750
Sh 7011 LLC
Wsp Ivy Hill LP
Special Warranty Deed
—
Sep 12, 2022
$3,300,404
Wsp Ivy Hill LP
Allegheny East Conf Corp Of Seventh
Special Warranty Deed
$3,300,404 · Allegheny East Conference Corporati
Dec 23, 2013
$3,300,000
Allegheny East Conference Corp
West Oak Lane Church Of God INC
Grant Deed
—
Jan 24, 2008
—
West Oak Lane Church Of God INC
—
Deed Of Trust
related
$5,500,000 · National Penn Bank
Mar 21, 2007
—
West Oak Lane Ch Of God INC
—
Deed Of Trust
related
$6,250,500 · National Penn Bank
Jun 15, 2004
$2,700,000
West Oak Ln Chur God INC
Bridge Stuart INC
Grant Deed
$3,072,127 · California Baptist Found
—
—
Bridge Stuart INC
—
Deed Of Trust
related
$655,000 · Chase Manhattan Bank
—
—
West Oak Lane Church Of God INC
—
Deed Of Trust
related
$147,946 · National Penn Bank
—
—
West Oak Lane Church Of God
—
Deed Of Trust
related
$515,355 · California Baptist Foundation
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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