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Property profile & analytics
OFF-MARKET Estimated value $3,110,000
Retail space

2112 Fairmount Ave 16 Philadelphia, PA 19130-2603

17,084 SF 0.15 ac lot Built 1895
Entity Owned 3-yr Hold Free & Clear
Property ID
US73-1825935
Property profile
Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1895
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,084 SF
Lot 0.15 ac (6,530 SF)
Zoning code CMX3
APN 88-2-9193-05
UPID US73-1825935
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
  • City Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.03M
CAP Approach CAP
$2.97M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.11M
Owner & transaction history
Greyeve Fairmount LLC · 3 yrs held
Greyeve Fairmount LLC
since 2023
Last sale
$3.2M
2 recorded transactions
2023
Price N/A
2022
$3.2M
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
Office building $4.3M +48.4%
Medical building $4.2M +43.2%
Commercial (general) $3.7M +27.1%
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