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Property profile & analytics
OFF-MARKET Estimated value $645,000
Retail space

1523 Walnut St Philadelphia, PA 19102-3001

4,720 SF 0.06 ac lot Built 1975
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US73-0958738
Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,720 SF
Lot 0.06 ac (2,400 SF)
Zoning code CMX5
APN 88-2-0082-00
UPID US73-0958738
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
  • Warby Parker Walnut St. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$820k
Comparable Approach Comparable
by Request
Blend (final) Blend
$645k
Owner & transaction history
Wa Financial Partners LP · 11 yrs held
Wa Financial Partners LP
since 2014
7 recorded transactions
2014
$59,400
2014
$1.3M
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
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
Top alternative use upside
Neighborhood: shopping center $875,000 +8.2%
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