Property profile

1515 Locust St 100 Philadelphia, PA 19102

OFF-MARKET
Office Spaces
Property ID
US73-5989827
4,455 SF Built 1900
Entity Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,455 SF
Zoning code CMX5
APN 88-8-0357-00
UPID US73-5989827

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Charitable Organization
  • Architect
  • Employment Agency
  • Physician

Location

1515 Locust St, Unit 100 Philadelphia, PA 19102-3726
Philadelphia metro Census 806 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$960k
Comparable Approach Comparable
$935k
Blend (final) Blend
$1.05M

Owner & transaction history

since 2018
2 recorded transactions
2018
$5.5M
2006
$2.3M

Zoning & alternative use

CMX5 · Philadelphia, PA
Zoning description

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-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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