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Property profile & analytics
OFF-MARKET
Retail space

1517 Belfield Ave Philadelphia, PA 19140

Property ID
US73-0014899
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity in Philadelphia, Pennsylvania, presents a unique chance to acquire a thriving commercial property alongside two adjacent vacant lots. The main property, located at 1517-1521 Belfield Avenue, is a creatively designed office space and storefront, currently listed at $208,000. Its convenient location near LaSalle University and Central High School, coupled with the proximity to the Fern Rock Transportation Center, ensures high visibility and accessibility. The property is zoned CMX2. The sale includes two adjacent vacant lots, situated at 1517 and 1519 Belfield Avenue, each priced at $54,000. These lots are zoned RM1, allowing for the potential development of up to three residential units, significantly expanding the investment potential. The combined purchase presents a compelling opportunity for both immediate income generation and future development. The property is being sold "as is," and prospective buyers are responsible for conducting their own due diligence. This package offers a rare blend of established commercial income and significant future development potential in a desirable Philadelphia neighborhood. The zip code is 19140.

Property profile
Verified
Property type Retail space
UPID US73-0014899
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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