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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Office Spaces

1512 Spruce St CL3 Philadelphia, PA 19102-4524

9,529 SF Built 1930
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-2852663
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,529 SF
Zoning code RMX3
APN 88-8-0708-04
UPID US73-2852663
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
  • Sydney Pulver, M.D. Psychotherapist Doctor
  • Association of Gay & Lesbian Psychiatrists the Physician
  • Delirium Creative Artist
  • Pollock Patents Law Firm
  • LifeCuff Technologies Inc. Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$892k
Blend (final) Blend
$1.29M
Owner & transaction history
Fc Drake Associates · 17 yrs held
Fc Drake Associates
since 2008
1 recorded transaction
2008
Price N/A
Zoning & alternative use
RMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RMX-3 Residential Mixed-Use-3 RC-4 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general indication of each district's primary intended character and the building types allowed. "RSD", for example, is a shorthand reference to a residential district that is primarily intended to accommodate a single detached house on a lot. "RS…

Zone name Residential Mixed Use
General category MIXED_USE
Zone area 110.57 ac
Source TITLE 14. ZONING AND PLANNING
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