Financial
Distress signals
Property profile

2705 Black Lk Pl Philadelphia, PA 19154

OFF-MARKET
Warehouses
Property ID
US73-2914767
34,342 SF 2.63 ac lot Built 2000
Last sale Nov 1994 · $77,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 30-yr Hold Held for 30 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 5,771 square foot office space is situated on the second floor of a larger 34,342 square foot building in Northeast Philadelphia. The property, located at 2705 Black Lake Place, 19154, is a two-story building constructed in 2000 and offers a blend of traditional office and flex space, making it ideal for a variety of businesses. The building sits on a 2.63-acre lot and is zoned L2. Its convenient location offers easy access to major transportation arteries, including…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value$2.25M
Assessed land$675k
Assessed improvement$1.58M
Effective rate1.40%

Value estimate

· Sep 2026
$2.63M
$2.37M – $2.89M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$129/SF
Submarket average, outlier-cleaned · 537 recorded sales of this use type
Observed band · Q1–Q3$51 – $233
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
I-1 Light Industrial L-1 L-2 L-3 I-2 Medium Industrial G-1 G-2 Food Distribution Center I-3 Heavy Industrial LR I-P Port Industrial Port ...
General categoryINDUSTRIAL
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency41.3
Restaurant41.2
Dental Office35.1

Location

2705 Black Lk Pl Philadelphia, PA 19154-1010
County assessor Recorded deeds · 2 transfers 13 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10447 Drummond, Philadelphia, PA 19154-3805 $1,725,000 Aug 2024 31,920 SF
10500 Drummond, Philadelphia, PA 19154-3808 $21,850,000 May 2024 53,222 SF
10909 Dutton, Philadelphia, PA 19154-3203 $12,612,000 Mar 2024 30,480 SF
2707 Black Lk, Philadelphia, PA 19154-1008 $1,686,046 Apr 2023 24,000 SF
10901 Decatur, Philadelphia, PA 19154-3210 $795,000 Jun 2022 25,000 SF
2701 Commerce, Philadelphia, PA 19154-1011 $3,200,000 Mar 2022 29,816 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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