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Property profile & analytics
OFF-MARKET Estimated value $2,520,000
Office buildings

1340 Frankford Ave 52 Philadelphia, PA 19125-3204

12,254 SF 0.25 ac lot Built 1920
Individually Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-1620428
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,254 SF
Lot 0.25 ac (10,780 SF)
Zoning code CMX2
APN 77-7-1300-00
UPID US73-1620428
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
  • Lutheran Settlement House Charitable Organization Social Service Agency
  • LSH Adult Education & Career Development Program Association / Organization
  • Lutheran Settlement House Csfp Center - Food Distribution Center Food Bank Charitable Organization
  • Food Distribution Center - Lutheran Settlement House Senior Center - CSFP/senior box program Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.12M
Blend (final) Blend
$2.52M
Owner & transaction history
Lutheran Social Msn Society Of Ph · 10 yrs held
Lutheran Social Msn Society Of Ph
since 2015
7 recorded transactions
2015
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 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…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 1,472.20 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Restaurant $3.8M +21.7%
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