Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1553 N Peach St Philadelphia, PA 19131
    Back to Search
    Property profile & analytics

    1553 N Peach St, Philadelphia, PA 19131

    View on Map
    • Parking lots & garages
    • 340 SF
    • 0.04 lot acres
    For Sale
    $98,900
    View Listing →
    Overbrook Land Investment Opportunity For Sale
    $98,900
    0.04 Acres

    Overbrook Land Investment Opportunity

    Commercial land available in Overbrook neighborhood, Philadelphia.

    1553 N PEACH STREET, Philadelphia, PA 19131
    View Listing
    Property ID
    US73-4379196
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details for 1553 N Peach St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.04 lot acres
    Zone code
    CMX2
    Property type
    Parking lots & garages
    APN
    44-2-3445-00
    APU
    442344500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 14, 2022 $5,000 Charlotte C Bibbs Chester Aytch Deed —
    Feb 4, 2009 $15,250 Chester Aytch Weiss,steve Grant Deed —
    Aug 21, 2006 $11,000 Steve Weiss Sheriff Of Philadelphia County Trustees Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2287
    Latitude
    39.9768
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $139
    $1,980
    $7,920
    $9,900
    -
    $1,980
    $7,920
    $9,900

    Comparable in this City

    • Value Estimation by Request
      0.24 Acres

      5100 Viola St, Unit 16

      PARKING LOT
      5100 Viola St, Philadelphia, PA 19131-4719
      View Details
    • Value Estimation by Request
      0.29 Acres

      5153 Kershaw St, Unit 55

      PARKING LOT
      5153 Kershaw St, Philadelphia, PA 19131-4417
      View Details
    • Value Estimation by Request
      0.04 Acres

      5117 Lancaster Ave

      PARKING LOT
      5117 Lancaster Ave, Philadelphia, PA 19131-4627
      View Details
    • Value Estimation by Request
      800 SF

      5144 Thompson St

      PARKING GARAGE, PARKING STRUCTURE
      5144 Thompson St, Philadelphia, PA 19131
      View Details
    • Value Estimation
      $815,000
      576 SF

      5149 Warren St Sta, Unit A

      PARKING GARAGE, PARKING STRUCTURE
      5149 Warren St Sta, Philadelphia, PA 19131-4441
      View Details
    • Value Estimation by Request
      2,541 SF

      1519th N Conestoga St, Unit 21

      PARKING GARAGE, PARKING STRUCTURE
      1519th N Conestoga St, Philadelphia, PA 19131-3920
      View Details

    Similar Nearby for Sale

    • $409,000
      Pending

      Mixed-Use Property With Storefront

      Mixed-use property featuring residential units and a commercial storefront.
      5608 Lansdowne Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing

      Retail Endcap Space Available

      Retail endcap space available, adjacent to Verizon and CBD Kratom.
      4040 City Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing

      Prime Commercial Space Available

      13,600 sq ft property in high-traffic Philadelphia location.
      5052 City Ave, Philadelphia, PA 19131
      View Details
    • $59,900
      0.05 Acres

      Land For Sale Philadelphia

      Commercial land available in Philadelphia, Pennsylvania.
      5202 Warren St, Philadelphia, PA 19131
      View Details
    • $900,000
      4,600 SF

      New Multifamily in Growing Neighborhood

      Turnkey 4-unit multifamily property in West Philadelphia.
      5117 Warren St, Philadelphia, PA 19131
      View Details
    • $125,000

      Land for Sale Philadelphia

      Land available in Philadelphia, Pennsylvania.
      5421 West Thompson St, Philadelphia, PA 19131
      View Details

    Similar Nearby for Lease

    • $17,708 /Mo

      Retail Space with Parking Available

      8,500 SF retail space with parking on signalized corner.
      4725 W Girard Ave, Philadelphia, PA 19131
      View Details
    • $1,050 /Mo
      1,599 SF

      Philadelphia Office Space For Rent

      Office unit available for lease in Philadelphia, PA 19131.
      1226 N 52Nd St, Philadelphia, PA 19131
      View Details
    • Contact for pricing

      Versatile Event Space For Lease

      Event space for private gatherings, celebrations, meetings, and community functions.
      5359 Wynnefield Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing

      Commercial Unit For Rent

      Versatile commercial unit suitable for coffee shop or small office.
      4512 Lancaster Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing

      Lancaster Avenue Warehouse Opportunity

      Versatile warehouse space for rent on Lancaster Avenue.
      5049 Lancaster Ave, Philadelphia, PA 19131
      View Details
    • $700 /Mo
      1,599 SF

      Versatile Commercial Spaces in Philadelphia

      Multiple spaces available for rent in vibrant Philadelphia location.
      1226 N 52Nd St, Philadelphia, PA 19131
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1553 N Peach St
    Philadelphia, PA 19131
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1553 N Peach St, Philadelphia, PA, 19131
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!