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Property profile & analytics
OFF-MARKET Estimated value $1,100,000
Office Spaces

1515 Locust St 200 Philadelphia, PA 19102-3730

4,630 SF Built 1900
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US73-2353697
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,630 SF
Zoning code CMX5
APN 88-8-0357-02
UPID US73-2353697
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
  • Fine Wine & Good Spirits Premium Collection (Bike/Boat/Book/etc) Store
  • Dharia Foundation Charitable Organization
  • Wulff Architects Architect
  • Engine Performance Employment Agency
  • Hoffman Mark MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$972k
Blend (final) Blend
$1.10M
Owner & transaction history
Wa-2 LLC · 18 yrs held
Wa-2 LLC
since 2007
3 recorded transactions
2007
$1.1M
2006
Price N/A
1969
Price N/A
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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, relative indication of the range of uses and activities allowed within the respective districts. "CMX" is used to indicate a mixed-…

Zone name Center City Commercial Mixed Use
General category MIXED_USE
Zone area 342.45 ac
Source TITLE 14. ZONING AND PLANNING
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