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Property profile & analytics
OFF-MARKET Estimated value $2,645,000
Office buildings

1700 Race St 6 Philadelphia, PA 19103-1205

16,400 SF 0.14 ac lot Built 1890
Entity Owned 27-yr Hold Free & Clear
Property ID
US73-2361061
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,400 SF
Lot 0.14 ac (6,006 SF)
Zoning code CMX4
APN 88-3-0606-00
UPID US73-2361061
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
  • Ibrahim Jeremy Law Firm
  • Ways to Make Money Online 212 Academy - Philadelphia Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.54M
Comparable Approach Comparable
$1.97M
Blend (final) Blend
$2.65M
Owner & transaction history
Pd Investments · 27 yrs held
Pd Investments
since 1998
1 recorded transaction
1998
$130,000
Zoning & alternative use
CMX4 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-4 Core Commercial Mixed-Use C-4 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…

Zone name Community Commercial Mixed Use
General category MIXED_USE
Zone area 455.39 ac
Source TITLE 14. ZONING AND PLANNING
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