Financial
Distress signals
Property profile

1509 Erie Ave Philadelphia, PA 19124

OFF-MARKET
Retail space
Property ID
US73-2705778
49,613 SF 1.56 ac lot Built 2012
Last sale Feb 2012 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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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?
$43k
Tax billed · 2023
Assessed value$3.07M
Assessed land$613k
Assessed improvement$2.45M
Effective rate1.40%

Value estimate

· Sep 2026
$2.94M
$2.65M – $3.23M
Submarket $/SF estimate$3.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$124/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$39 – $165

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?
CMX2.5
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 ...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency65.9
Law Firm51.0
Dental Office43.5

Location

1509 Erie Ave Philadelphia, PA 19124-5603
County assessor Recorded deeds · 5 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4536 Frankford, Philadelphia, PA 19124-3602 $350,000 Dec 2025 7,500 SF
4001 Kensington Ave, Philadelphia, PA 19124-4408 $1,400,000 Sep 2024 13,833 SF
4460 Frankford, Philadelphia, PA 19124-3637 $465,000 Aug 2024 11,972 SF
1056 Lycoming, Philadelphia, PA 19124-5237 $760,000 Mar 2024 4,200 SF
4411 Castor, Philadelphia, PA 19124 $2,296,750 Jan 2024 10,125 SF
1501 Erie, Philadelphia, PA 19124-5603 $750,000 Oct 2023 4,600 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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