Realmo Analytics

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Property profile

2449 Ridge Ave Philadelphia, PA 19121

FOR SALE
Retail space
Property ID
US73-2309448
5,256 SF 0.12 ac lot Built 1915
Last sale Aug 2016 · $350,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$4k
Tax billed · 2023
Assessed value$281k
Assessed land$56k
Assessed improvement$224k
Effective rate1.40%

Value estimate

· Oct 2026
$255k
$230k – $281k
CAP approach$915k
Submarket $/SF estimate$1.05M
NOI build-up
Gross scheduled income$134k
Vacancy & credit loss−$11k
Operating expenses−$31k
NOI · 7.72% cap applied$93k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
Submarket average, outlier-cleaned · 466 recorded sales of this use type
Observed band · Q1–Q3$87 – $278
Qualifying comparables7

Cap rate analysis

How does the asset earn?
7.72%
$93k 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?
CMX2
CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district control...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm60.2
Dental Office37.8
Realty agency31.7

Location

2449 Ridge Ave Philadelphia, PA 19121
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2034 Broad, Philadelphia, PA 19121-2305 $4,302,222 Mar 2023 3,080 SF
2115 22nd, Philadelphia, PA 19121-1401 $225,000 Oct 2022 3,806 SF
2206 Rdg, Philadelphia, PA 19121-2976 $2,250,000 Mar 2022 2,925 SF
2204 Rdg, Philadelphia, PA 19121-2930 $150,000 Nov 2021 4,152 SF
2141 Rdg, Philadelphia, PA 19121-4024 $409,535 Nov 2021 3,612 SF
2137 Rdg, Philadelphia, PA 19121-4024 $409,535 Nov 2021 2,240 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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