Financial
Distress signals
Property profile

1357 Ridge Ave Philadelphia, PA 19123

FOR LEASE
Apartment buildings
Property ID
US73-2870852
49,988 SF 0.14 ac lot Built 2018
Last sale Jul 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023

Value estimate

· Sep 2026
$505k
$455k – $556k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
Submarket average, outlier-cleaned · 880 recorded sales of this use type
Observed band · Q1–Q3$151 – $436

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMX3
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 Au...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store10.4
Shoe Repair7.9
Watch Repair Shop6.4

Location

1357 Ridge Ave Philadelphia, PA 19123
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1221 Mt Vernon, Philadelphia, PA 19123-3383 $10,900,000 Oct 2023 45,381 SF
1151 3rd, Philadelphia, PA 19123-1573 $12,700,000 Nov 2022 71,626 SF
711 Spg Gdn, Philadelphia, PA 19123-3527 $19,350,000 Jun 2022 66,000 SF
1011 Hancock, Philadelphia, PA 19123-2348 $14,000,000 Feb 2022 52,260 SF
723 6th, Philadelphia, PA 19123-2806 $13,000,000 Aug 2021 37,854 SF
342 Girard, Philadelphia, PA 19123-1505 $1,150,000 Jan 2021 42,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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