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    Property profile & analytics

    2204 Walnut St Philadelphia, PA 19103-5599

    • Investment properties
    • 9,648 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $3,180,000
    Last Sale
    Dec 14, 2021
    $3,200,000
    Location Intelligence
    Property ID
    US73-1654489
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • City Mechanical / Air Conditioning Contractor
    • Orca TV / Media Company
    • Spirit Financial Group / Financial Planner

    Property Details for 2204 Walnut St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property size
    9,648 SF
    Zone code
    RMX3
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    88-3-0444-00
    APU
    883044400

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,075,000
      6.5%
      $3,000,000
      7%
      $3,295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,030,000
      Geo Method
      $3,460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,940,000
      Retail
      $2,940,000
      Mixed-Use
      $3,660,000
      Hospitality
      $3,950,000
      Educational
      $3,295,000
      Residential Income
      $3,385,000
      Energy
      $3,710,000
      Income-Based Land
      $3,085,000
      Food Service
      $3,115,000

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1777
    Latitude
    39.9508
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,336
    $447,720
    $1,790,880
    $2,238,600
    -
    $447,720
    $1,790,880
    $2,238,600

    Comparable in this City

    • Value Estimation by Request
      100,000 SF

      2300 Chestnut St, Unit 20

      STORE/OFFICE (MIXED USE) • 100,000 SF
      2300 Chestnut St, Philadelphia, PA 19103-4331
      View Details
    • Value Estimation by Request
      265,620 SF

      1880 John F Kennedy Blvd

      STORE/OFFICE (MIXED USE) • 265,620 SF
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    • Value Estimation by Request
      798,189 SF

      1601 John F Kennedy Blvd, Unit 29

      STORE/OFFICE (MIXED USE) • 798,189 SF
      1601 John F Kennedy Blvd, Philadelphia, PA 19103-1821
      View Details
    • Value Estimation by Request
      37,080 SF

      124 17th St, Unit 26

      STORE/OFFICE (MIXED USE) • 37,080 SF
      124 17th St, Philadelphia, PA 19103-5205
      View Details
    • Value Estimation by Request
      1,152,520 SF

      2005 Market St

      STORE/OFFICE (MIXED USE) • 1,152,520 SF
      2005 Market St, Philadelphia, PA 19103-7042
      View Details
    • Value Estimation by Request
      8,960 SF

      1921 Walnut St

      STORE/OFFICE (MIXED USE) • 8,960 SF
      1921 Walnut St, Philadelphia, PA 19103-4650
      View Details

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    2204 Walnut St
    Philadelphia, PA 19103-5599
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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