Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Office buildings
1917 Welsh Rd Philadelphia, PA 19115-4659
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-0266879
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,200 SF
Lot
0.49 ac (21,516 SF)
Zoning code
RSA2
APN
88-3-0881-00
UPID
US73-0266879
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
-
JENNY TRINH, REALTOR - RealtyMark Associates Huntingdon Valley Real Estate Agency
-
Jason Barron Real Estate Agency
-
Marta Acevedo - Keller Williams Real Estate Real Estate Agency
-
Monica Duluc Keller Williams Tri County Real Estate Agency
-
The Giovanni Carpino Group Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.42M
Comparable Approach
Comparable
$2.62M
Blend (final)
Blend
$2.00M
Owner & transaction history
Welsh Eaglestone LLC
Welsh Eaglestone LLC
since 2025
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
RSA2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Residential Single Family Attached districts are primarily intended to accommodate attached and semi detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses
Zone name
Residential Single Family Attached
General category
RESIDENTIAL
Zone area
2,367.33 ac
Source
Realmo
Top alternative use upside
Apartment house (5+ units)
$3.1M
+9.3%
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%
$2,620,000
6.5%
$2,420,000
7%
$2,245,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,850,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,115,000
Change: +9% · Conversion: Easy
MEDICAL BUILDING
$2,750,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $1.80M (Aug 5 2025)
Last sale anchor
$1.80M
Aug 5 2025
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
$179 / 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
$21,675
Tax year 2023
Assessed value
$1,548,400
Assessed 2023
Previous assessed
$1,548,400
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$309,680
Assessed improvement
$1,238,720
Land market value
$309,680
Improvement market value
$1,238,720
Total market value
$1,548,400
Applied tax rate
56.0000
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
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Total area
11,200 SF
Lot
0.49 ac (21,516 SF)
Zoning code
RSA2
APN
88-3-0881-00
UPID
US73-0266879
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RSA2 · Philadelphia, PAZoning RSA2 · permitted uses
RSA2 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Residential Single Family Attached districts are primarily intended to accommodate attached and semi detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses
Zone name
Residential Single Family Attached
General category
RESIDENTIAL
Zone area
2,367.33 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Lot
0.49 ac
Current owner
From public records · entity-resolved
Welsh Eaglestone LLC
Entity
Mailing address
604 CORPORATE DR W, LANGHORNE, PA 19047-8013
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
$1,800,000
Welsh Eaglestone LLC
1917 Welsh LLC
Special Warranty Deed
$2,880,000 · Univest Bank & Trust Co
Jan 26, 2024
—
1917 Welsh LLC
—
Deed
related
$900,000 · Citizens & Northern Bank
Jan 24, 2019
—
1971 Welsh LLC
—
Deed
related
$300,000 · Santander Bank NA
Jan 8, 2009
$1,450,000
1917 Welsh LLC
Ramos,jose L & Teresa
Grant Deed
$1,305,000 · Jose L & Teresa Ramos
—
—
1917 Welsh LLC
—
Deed Of Trust
related
$1,200,000 · Sovereign Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1917 Welsh Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
