Realmo Analytics

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Property profile

2 Rector St Philadelphia, PA 19127

FOR SALE
Turn key restaurants
Property ID
US73-1628189
3,280 SF 0.12 ac lot Built 1900
Last sale Nov 2023 · $1,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$738k
Assessed land$148k
Assessed improvement$590k
Effective rate1.40%

Value estimate

· Oct 2026
$1.85M
$1.67M – $2.04M
AI approach$1.81M
NOI build-up
Gross scheduled income$172k
Vacancy & credit loss−$14k
Operating expenses−$40k
NOI · 6.09% cap applied$119k

Realmo valuation models over county records and 29 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
Submarket average, outlier-cleaned · 100 recorded sales of this use type
Observed band · Q1–Q3$113 – $493
Qualifying comparables29

Cap rate analysis

How does the asset earn?
6.09%
$119k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
ICMX
ICMX, Industrial Commercial Mixed-Use District. 299 The ICMX, Industrial Commercial Mixed-Use district is primarily intended to accommoda...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Food Market
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Food Market11.9
Auto Parts Store10.8
Laundromat10.6

Location

2 Rector St Philadelphia, PA 19127
County assessor Recorded deeds · 2 transfers 29 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4450 Main, Philadelphia, PA 19127-1361 $600,000 Aug 2023 3,600 SF
105 Shurs, Philadelphia, PA 19127-1710 $650,000 May 2023 4,200 SF
4348 Main, Philadelphia, PA 19127-1438 $546,442 Sep 2020 3,180 SF
4330 Main, Philadelphia, PA 19127-1421 $322,089 Nov 2019 1,350 SF
4453 Main, Philadelphia, PA 19127-1326 $350,000 Sep 2019 3,150 SF
4457 Main, Philadelphia, PA 19127-1326 $1,425,000 Apr 2019 5,130 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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