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    Property profile & analytics

    24 2nd St Media, PA 19063-2949

    • Office buildings
    • 3,656 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $255,000
    Location Intelligence
    Property ID
    US73-1426716
    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

    • Trust Point Insurance Solutions / Insurance Agency
    • Kane Randall H OD / Optometrist
    • Eugene L. Kane, OD / Optometrist
    • Kane & Kane / Optometrist

    Property Details for 24 2nd St

    Year built
    1920
    Lot size
    0.10 lot acres
    Property size
    3,656 SF
    Property type
    Office buildings
    APN
    26-00-01407-00
    APU
    26000140700

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $230,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $255,000
      Retail
      $230,000
      Mixed-Use
      $250,000
      Hospitality
      $230,000
      Educational
      $270,000
      Residential Income
      $295,000
      Energy
      $310,000
      Income-Based Land
      $255,000
      Food Service
      $300,000

    Location Insight

    • Map
    • Local Demand
    City
    Media
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.3882
    Latitude
    39.9193
    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
    2024
    $7,430
    $113,420
    $252,160
    $365,580
    -
    $0.00
    $0.00
    $365,580

    Comparable in this City

    • Value Estimation by Request
      229,612 SF

      20 Kirk Ln

      OFFICE BUILDING • 229,612 SF
      20 Kirk Ln, Media, PA 19063
      View Details
    • Value Estimation by Request
      6,397 SF

      218 Frnt St

      PROFESSIONAL BUILDING • 6,397 SF
      218 Frnt St, Media, PA 19063-3101
      View Details
    • Value Estimation by Request
      7,336 SF

      308 2nd St

      OFFICE BUILDING • 7,336 SF
      308 2nd St, Media, PA 19063-3033
      View Details
    • Value Estimation by Request
      16,382 SF

      3rd St

      OFFICE BUILDING • 16,382 SF
      3rd St, Media, PA 19063
      View Details
    • Value Estimation by Request
      26,744 SF

      311 Baltimore Ave

      OFFICE BUILDING • 26,744 SF
      311 Baltimore Ave, Media, PA 19063-3500
      View Details
    • Value Estimation by Request
      48,965 SF

      1068 Baltimore Pike

      OFFICE BUILDING • 48,965 SF
      1068 Baltimore Pike, Media, PA 19063-5104
      View Details

    Similar Nearby for Sale

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      Versatile Commercial Property in Media

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      Versatile 5,000 SF building in Media, PA with conversion potential.
      20 W Third St, Media, PA 19063
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    • $925,000
      0.08 Acres

      Fully Leased Office Buildings

      Two fully leased office buildings near downtown Media, Pennsylvania.
      9 W Front St, Media, PA 19063
      View Details
    • $1,190,000
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      Media Office Building For Sale

      6,225 SF office building in Media, PA available for purchase.
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    Similar Nearby for Lease

    • $18 SF/Yr
      8,000 SF

      Multi-Tenant Office Building For Lease

      Office building with 8,000 square feet available for lease.
      209 Hunter St, Media, PA 19063
      View Details
    • $22 SF/Yr
      1,600 SF

      Media, PA Executive Office Space

      1,600 SF Office Suite - Fully Vacant
      103 Chesley Dr, Media, PA 19063
      View Details
    • $8,500 /Mo

      Commercial Property with Private Parking

      Versatile commercial space in Media Borough with 15 parking spots.
      349 W State St, Media, PA 19063
      View Details
    • $375 /Mo
      150 SF

      Downtown Media Office Space

      Office space in downtown Media, close to major routes.
      200 N Monroe St, Media, PA 19063
      View Details
    • $750 /Mo

      Renovated Office Space in Media

      Bright, renovated office space in downtown Media, Pennsylvania.
      14 S Orange St, Media, PA 19063
      View Details
    • $26 SF/Yr
      1,134 SF

      Media Office Space For Rent

      Office space available for lease in Media, Pennsylvania.
      300 W State St, Media, PA 19063
      View Details
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    24 2nd St
    Media, PA 19063-2949
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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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