Property profile

222 Church St GROUND Philadelphia, PA 19106

FOR LEASE
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Property ID
US73-2821437
50,816 SF 0.24 ac Built 1849
Last sale Aug 2017·$13,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property at 222 Church Street, Philadelphia, is a retail space within a masonry building dating to 1900, featuring exposed-brick character and a flexible basement level that can be accessed for plumbing or electrical work as needed. The building is set on a 0.2406-acre lot and includes central heating and central air conditioning. The retail space is located in Philadelphia’s Old City near the intersections of 2nd & Market Streets and 3rd & Market Streets, on a cobblestone street setting…

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?
$129k
Tax billed · 2023
Assessed value$9.20M
Assessed land$2.76M
Assessed improvement$6.44M
Effective rate1.40%

Value estimate

· Nov 2026
$7.83M
$7.05M – $8.61M
NOI build-up
Gross scheduled income$915k
Vacancy & credit loss−$94k
Operating expenses−$246k
NOI$574k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$278/SF
Submarket average, outlier-cleaned · 880 recorded sales of this use type
Observed band · Q1–Q3$151 – $436

Cap rate analysis

How does the asset earn?
$574k 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?
CMX3
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 Au...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Tanning Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tanning Salon7.2
Plumbing Service7.1
Laundromat6.7

Location

222 Church St, Unit GROUND Philadelphia, PA 19106
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
707 Chestnut, Philadelphia, PA 19106-2322 $2,675,000 Jul 2025 25,374 SF
303 Vine, Philadelphia, PA 19106-1142 $13,000,000 Jul 2022 63,000 SF
400 Walnut, Philadelphia, PA 19106-3714 $25,000,000 Jul 2022 64,390 SF
219 Vine, Philadelphia, PA 19106 $14,000,000 Feb 2022 52,416 SF
116 Chestnut, Philadelphia, PA 19106-3009 $1,452,000 Dec 2021 25,401 SF
259 Market, Philadelphia, PA 19106-4502 $20,130,000 Dec 2019 50,172 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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