Technical
Financial
Distress signals
Property profile

2626 Rdg Ave 28 Philadelphia, PA 19121

OFF-MARKET
Investment properties
Property ID
US73-2105373
5,347 SF 0.06 ac lot Built 1915
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,347 SF
Lot 0.06 ac (2,704 SF)
Zoning code RM1
APN 87-1-5422-30
UPID US73-2105373

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2626 Rdg Ave, Unit 28 Philadelphia, PA 19121-2610
Philadelphia metro Census 15102 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$362k
Blend (final) Blend
$530k

Owner & transaction history

since 2021
Last sale
$550,000
2 recorded transactions
2021
$550,000
2021
Price N/A

Zoning & alternative use

RM1 · Philadelphia, PA
Zoning description

The Residential Multi Family districts are primarily intended to accommodate moderate to high density, multi unit residential buildings in areas where such development already exists or where it is desired in the future

General category RESIDENTIAL
Top alternative use upside
Auto repair, garage $845,000 +81.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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