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Property profile & analytics
OFF-MARKET Estimated value $555,000
Retail space

1700 Rdg Ave 6 Philadelphia, PA 19130-2117

5,596 SF 0.11 ac lot Built 1935
Individually Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-2085728
Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1935
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,596 SF
Lot 0.11 ac (5,002 SF)
Zoning code CMX2.5
APN 88-2-9348-85
UPID US73-2085728
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
  • Yellow Front Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$647k
Blend (final) Blend
$555k
Owner & transaction history
Jae H Hwang · 18 yrs held
Jae H Hwang
since 2008
1 recorded transaction
2008
$150,000
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls 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 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…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 460.94 ac
Source TITLE 14. ZONING AND PLANNING
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