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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Office buildings
1833 Broad St 39 Philadelphia, PA 19148-2115
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-1344898
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,419 SF
Lot
0.13 ac (5,473 SF)
Zoning code
CMX1
APN
88-3-5360-50
UPID
US73-1344898
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.27M
Blend (final)
Blend
$1.73M
Owner & transaction history
Raj Land LP · 11 yrs held
Raj Land LP
since 2015
7 recorded transactions
Zoning & alternative use
CMX1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$105 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,665
Tax year 2023
Assessed value
$619,000
Assessed 2023
Previous assessed
$619,000
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$123,800
Assessed improvement
$495,200
Land market value
$123,800
Improvement market value
$495,200
Total market value
$619,000
Applied tax rate
39.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
3
Total area
16,419 SF
Lot
0.13 ac (5,473 SF)
Zoning code
CMX1
APN
88-3-5360-50
UPID
US73-1344898
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX1 · Philadelphia, PA
Zoning CMX1 · permitted uses
CMX1 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Raj Land LP
Entity
Mailing address
1833 S BROAD ST, PHILADELPHIA, PA 19148-2115
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2018
—
Raj Land LP
—
Deed
related
$1,260,000 · Santander Bank NA
Jul 15, 2015
—
Raj Land LP
Raj Land LP
Quit Claim Deed
related
—
Feb 6, 2014
—
Raj Land LP
—
Trustees Deed
related
$75,000 · Republic Bk
May 30, 2013
$1,200,000
Raj Land LP
Choice Services Intl INC
Trustees Deed
$1,160,000 · Republicbankaz Az
Jan 14, 2005
$750,000
Choice Services International INC
Domenica L Falcione
Deed
$420,000 · First Keystone Bank
—
—
Choice Services Intl INC
—
Deed Of Trust
related
$300,000 · First Keystone Bk
—
—
Choice Services Intl INC
—
Deed Of Trust
related
$225,000 · Nonprofit Fin Fund
—
—
Choice Services Intl INC
—
Deed Of Trust
related
$500,000 · Academy Nat'l Bk NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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