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Property profile

2821 Is Ave 31 Philadelphia, PA 19153

OFF-MARKET
Office buildings
Property ID
US73-2309459
43,800 SF 3.44 ac lot Built 1995
Last sale Apr 2019 · $2,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 43,800 square-foot executive office building, located at 2821 Island Ave in Philadelphia, Pennsylvania, presents a compelling value-add investment opportunity. The two-story Class C building sits on a 3.44-acre lot and boasts a modified lease structure with multiple tenants, currently operating at 75% occupancy. The Grace Center occupies the space, providing a stable income stream. The asking price is $6,950,000, translating to $158.68 per square foot, with a projected cap…

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?
$53k
Tax billed · 2023

Value estimate

· Oct 2026
$2.83M
$2.54M – $3.11M
Submarket $/SF estimate$11.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$254/SF
Submarket average, outlier-cleaned · 223 recorded sales of this use type
Observed band · Q1–Q3$138 – $435

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?
RSA3
The Residential Single Family Attached districts are primarily intended to accommodate attached and semi detached houses on individual lo...
General categoryRESIDENTIAL
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 Firm29.2
Realty agency27.8
Building Supply16.1

Location

2821 Is Ave, Unit 31 Philadelphia, PA 19153-2300
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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