Financial
Distress signals
Property profile

1629 Locust St Philadelphia, PA 19103

FOR SALE
Office buildings
Property ID
US73-0980336
9,000 SF 0.05 ac lot Built 1899
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A five-story office building located in Center City, Philadelphia, featuring a marble, winding interior staircase and a historic design originally built in 1899 as a residence by Horace Trumbauer. The building is approximately 9,000 square feet with an additional 1,350-square-foot basement. Renovations occurred in 1943, 1985, and during the 1900s. The property is listed on the Philadelphia Register of Historic Places (July 1982) and later added to the Rittenhouse Fitler Historic District

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$36k
Tax billed · 2023
Assessed value$2.58M
Assessed land$516k
Assessed improvement$2.06M
Effective rate1.40%

Value estimate

· Sep 2026
$1.90M
$1.71M – $2.08M
CAP approach$1.95M
Submarket $/SF estimate$1.55M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$334/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$150 – $455
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMX3
CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Au...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.5
Tanning Salon7.9
Outlet Store6.1

Location

1629 Locust St Philadelphia, PA 19103
County assessor Recorded deeds · 2 transfers 14 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2200 Walnut, Philadelphia, PA 19103-5521 $2,250,000 Sep 2024 8,235 SF
1919 Walnut, Philadelphia, PA 19103-4609 $2,450,000 May 2023 7,000 SF
2129 Chestnut, Philadelphia, PA 19103-3153 $9,275,000 Feb 2023 17,000 SF
2043 Locust, Philadelphia, PA 19103-5662 $1,150,000 Jul 2022 4,815 SF
108 23rd, Philadelphia, PA 19103-4334 $5,750,000 Nov 2019 4,620 SF
2019 Walnut, Philadelphia, PA 19103-4403 $2,050,000 Apr 2019 8,505 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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