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Property profile & analytics
OFF-MARKET Estimated value $34,035,000
Strip malls

1851 Columbus Blvd Philadelphia, PA 19148-2800

141,380 SF 11.26 ac lot Built 1990
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-2015904
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 141,380 SF
Lot 11.26 ac (490,355 SF)
Zoning code CMX3
APN 88-2-0551-90
UPID US73-2015904
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
$31.52M
Comparable Approach Comparable
$26.23M
Blend (final) Blend
$34.04M
Owner & transaction history
Tawil Crossing At Columbus LLC · 6 yrs held
Tawil Crossing At Columbus LLC
since 2020
Last sale
$37.5M
7 recorded transactions
2020
$37.5M
2018
Price N/A
2016
$17.0M
2009
Price N/A
2004
Price N/A
1998
Price N/A
1969
Price N/A
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 intended to provide a general, relative indication of the range of uses and acti…

Zone name Community Commercial Mixed Use
General category MIXED_USE
Zone area 2,102.81 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Restaurant $43.8M +66.9%
Apartment house (5+ units) $39.3M +49.9%
Office building $36.0M +37.1%
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