You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $2,260,000
Hotels

228 13th St 38 Philadelphia, PA 19107-1538

21,576 SF 0.24 ac lot Built 1950
Entity Owned 1-yr Hold Free & Clear
Property ID
US73-2689910
Property summary
AI-generated overview

This mixed-use building at 228-238 N 13th Street in Philadelphia, PA, offers 21,576 square feet of vacant space. The property features a fee-simple ownership structure and sits on a 10,463 square foot lot with three-sided frontage along 13th Street, Florist Street, and North Clarion Street. Its CMX-4 zoning allows for a variety of uses, making it an attractive investment opportunity. Currently configured as a traditional office building with two floors and a basement, the building's location within a Qualified Opportunity Zone (QOZ) provides significant tax advantages for investors. The property benefits from a transit-oriented location, just one block from the Race/Vine station on the Broad Street Line and Jefferson Station Regional Rail, offering convenient access to public transportation. Furthermore, its proximity to major highways, including I-676, I-76, and I-95, ensures excellent connectivity throughout the region. The building's prime location in the Vine Street corridor area provides centralized access to the entire city and presents significant potential for development within the thriving multifamily, retail, and hospitality sectors of Philadelphia. This vacant building presents a unique opportunity for redevelopment or repositioning in a highly desirable location.

Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,576 SF
Lot 0.24 ac (10,463 SF)
Zoning code CMX4
APN 88-3-7043-00
UPID US73-2689910
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.17M
CAP Approach CAP
$2.01M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.26M
Owner & transaction history
138 United Group LLC · 1 yrs held
138 United Group LLC
since 2025
Last sale
$2.5M
4 recorded transactions
2025
$2.5M
2019
$4.5M
2015
$2.1M
1969
Price N/A
Zoning & alternative use
CMX4 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.9M +1,272.3%
Auto repair, garage $2.2M +930.6%
Medical building $2.1M +902.3%
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 228 13th St, Unit 38?
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 →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message