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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2449 Golf Rd Philadelphia, PA 19131-1475

    • Investment properties
    • 6,037 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimations
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5941939
    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

    • Gayle Logan / Counselor
    • Dr. Joyce M. Williams, MD / Physician
    • Inger Colzie, MSW LSW / Foster Care Service / Social Service Agency
    • Self Images Mental Health Care / Psychotherapist
    • Maya Health Services, LLC / Home Health Care Service

    Property Details for 2449 Golf Rd

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.30 lot acres
    Property size
    6,037 SF
    Zone code
    CMX2.5
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    88-3-3826-00
    APU
    883382600

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,195,000
      6.5%
      $1,105,000
      7%
      $1,025,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $587,000
      Market price range: $267k - $587k
      AI Estimate
      $839,000
      Market price range: $465k - $840k

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,120,000
      RETAIL STORES
      $1,035,000
      AUTO REPAIR, GARAGE
      $950,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2288
    Latitude
    39.9995
    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
    $15,510
    $221,600
    $886,400
    $1,108,000
    -
    $221,600
    $886,400
    $1,108,000

    Comparable in this City

    • Value Estimation
      $1,470,000
      34,000 SF

      4946 Parkside Ave

      STORE/OFFICE (MIXED USE) • 34,000 SF
      4946 Parkside Ave, Philadelphia, PA 19131-4746
      View Details
    • Value Estimation
      $4,695,000
      33,600 SF

      5080 Parkside Ave

      STORE/OFFICE (MIXED USE) • 33,600 SF
      5080 Parkside Ave, Philadelphia, PA 19131
      View Details
    • Value Estimation
      $21,515,000
      239,734 SF

      5070 Parkside Ave

      STORE/OFFICE (MIXED USE) • 239,734 SF
      5070 Parkside Ave, Philadelphia, PA 19131-4747
      View Details
    • Value Estimation
      $10,520,000
      126,600 SF

      3905 Frd Rd

      STORE/OFFICE (MIXED USE) • 126,600 SF
      3905 Frd Rd, Philadelphia, PA 19131-2824
      View Details
    • Value Estimation by Request
      2,784 SF

      1263 Frazier St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,784 SF
      1263 Frazier St, Philadelphia, PA 19131-4124
      View Details
    • Value Estimation by Request
      1,583 SF

      1801 Georges Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1,583 SF
      1801 Georges Ln, Philadelphia, PA 19131-3216
      View Details

    Similar Nearby for Sale

    • $300,000
      1,842 SF

      Wynnefield Triplex with Income Potential

      Three-unit property in Wynnefield near universities, parks, and transit.
      5201 Euclid St, Philadelphia, PA 19131
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    • $397,500
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      Mixed-Use Property on Lancaster Avenue

      Spacious mixed-use property in a rapidly developing corridor.
      4602 Lancaster Ave, Philadelphia, PA 19131
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    • $299,900
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      Mixed-Use Property in Philadelphia

      Mixed-use property with rental and parking income potential.
      5556 Lansdowne Ave, Philadelphia, PA 19131
      View Details
    • $399,999
      1,760 SF

      West Philadelphia Mixed-Use Property

      Vacant mixed-use property in West Philadelphia with commercial space and apartment.
      5229-31 Westminster Ave, Philadelphia, PA 19131
      View Details
    • $150,000
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      Mixed-Use Property in West Philadelphia

      Versatile property with commercial space and residential unit in Philadelphia.
      1500 N 56Th St, Philadelphia, PA 19131
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      Lancaster Ave Mixed-Use Investment

      Prime Lancaster Ave location, high income potential.
      4932-34 Lancaster Ave, Philadelphia, PA 19131
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    Similar Nearby for Lease

    • $5,100 /Mo
      41,818 SF

      Retail Space in Wynnefield

      New retail space in a growing residential Philadelphia neighborhood.
      1818 N 53Rd St, Philadelphia, PA 19131
      View Details
    • Contact for pricing
      76,039 SF

      Monument Plaza Retail Space

      Philadelphia Retail Opportunity: 3 Spaces Available
      4160 Monument Rd, Philadelphia, PA 19131
      View Details
    • Contact for pricing
      1,100 SF

      Medical Office Space Available

      4,100 SF medical office space for rent.
      2231 Bryn Mawr Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing
      33,075 SF

      Lancaster Ave Flex Space Available

      33,075 SF flex space for lease in Philadelphia.
      5351 Lancaster Ave, Philadelphia, PA 19131
      View Details
    • $17,708 /Mo

      Retail Space with Parking Available

      8,500 SF retail space with parking on signalized corner.
      4725 W Girard Ave, Philadelphia, PA 19131
      View Details
    • Contact for pricing
      8,857 SF

      Parkside Lofts Executive Offices

      Philadelphia Executive Suites Available
      4946-4950 Parkside Ave, Philadelphia, PA 19131
      View Details

    Property Visit Statistics

    • Visits by month
      37.5k
    • Visitors by month
      26.8k
    • Avg Time on site
      10 min
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    Philadelphia, PA 19131-1475
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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