Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3000 Master St, Unit J Philadelphia, PA 19121-4427

    • Office buildings
    • 5,483 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimations
    $640,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4402759
    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

    • NAC Brewerytown / Community Center
    • Lower North Philadelphia Community Development Corporation / Association / Organization
    • Brewerytown Development Corporation / General Contractor

    Property Details for 3000 Master St

    Year built
    1947
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    5,483 SF
    Zone code
    CMX3
    Property type
    Office buildings
    APN
    88-1-0703-50
    APU
    881070350

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $758,000
      Market price range: $759k - $2.38M

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1854
    Latitude
    39.9773
    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
    $6,106
    $87,240
    $348,960
    $436,200
    -
    $87,240
    $348,960
    $436,200

    Comparable in this City

    • Value Estimation
      $780,000
      5,313 SF

      1216 Broad St, Unit 18

      OFFICE BUILDING • 5,313 SF
      1216 Broad St, Philadelphia, PA 19121-5177
      View Details
    • Value Estimation
      $3,010,000
      27,145 SF

      3000 Master St Ste

      OFFICE BUILDING • 27,145 SF
      3000 Master St Ste, Philadelphia, PA 19121-4427
      View Details
    • Value Estimation by Request
      1,645 SF

      1629 Sydenham St

      OFFICE BUILDING • 1,645 SF
      1629 Sydenham St, Philadelphia, PA 19121
      View Details
    • Value Estimation by Request
      964 SF

      3235 Berks St, Unit 37

      OFFICE BUILDING • 964 SF
      3235 Berks St, Philadelphia, PA 19121-1702
      View Details
    • Value Estimation
      $970,000
      7,000 SF

      1250 Broad St, Unit 52

      OFFICE BUILDING • 7,000 SF
      1250 Broad St, Philadelphia, PA 19121-5135
      View Details
    • Value Estimation
      $6,065,000
      31,020 SF

      1500 Broad St, Unit 10

      OFFICE BUILDING • 31,020 SF
      1500 Broad St, Philadelphia, PA 19121-4311
      View Details

    Similar Nearby for Sale

    • $265,000
      1,060 SF

      Prime Temple University Student Housing

      Updated 4-Bedroom Townhome, Excellent Location
      1545 Page St, Philadelphia, PA 19121
      View Details
    • $1,350,000

      14-Unit Philly Development Site

      QOZ-Approved Multifamily Land
      1314 Carlisle St, Philadelphia, PA 19121
      View Details
    • $64,900
      0.03 Acres

      Residential Land in Philadelphia

      Residential zoned land parcel with approved building plans included.
      2413 W Montgomery Ave, Philadelphia, PA 19121
      View Details
    • $30,000
      0.02 Acres

      Residential Land in Philadelphia

      Level lot in developing Strawberry Mansion neighborhood, Philadelphia.
      3125 Page St, Philadelphia, PA 19121
      View Details
    • $795,000
      2,484 SF

      Co-Living Apartment Building Investment

      Fully occupied co-living apartment building near Temple University with robust cashflow.
      1730 W Diamond St, Philadelphia, PA 19121
      View Details
    • $425,000
      2,364 SF

      Philadelphia Triplex Investment Opportunity

      Three-unit building near Center City with modern amenities and transportation access.
      1704 W Diamond St, Philadelphia, PA 19121
      View Details

    Similar Nearby for Lease

    • New
      $1,500 /Mo
      436 SF

      Commercial Space in Philadelphia, PA

      Versatile commercial space for lease in a high-traffic area.
      2250-52 Ridge Ave, Philadelphia, PA 19121
      View Details
    • New
      $2,500 /Mo
      1,307 SF

      Prime Commercial Space in Philadelphia

      New commercial space in rapidly developing Brewerytown corridor.
      2405 Ridge Ave, Philadelphia, PA 19121
      View Details
    • New
      $2,100 /Mo
      871 SF

      Prime Corner Commercial Space Available

      Highly visible storefront near Temple University, suitable for various businesses.
      1801 N Willington St, Philadelphia, PA 19121
      View Details
    • Contact for pricing
      2,357 SF

      Prime Retail Space, The Avery

      2,357 SF inline retail, Philadelphia.
      1601 15Th St, Philadelphia, PA 19121
      View Details
    • $2,500 /Mo
      1,300 SF

      Renovated Brewerytown Residence with Deck

      Stunning, fully renovated three-bedroom Brewerytown residence with modern comfort.
      1512 N Newkirk St, Philadelphia, PA 19121
      View Details
    • $2,900 /Mo
      1,367 SF

      Brewerytown Townhome with Garage

      Three-bedroom townhome in gated community with garage and modern amenities.
      35 Brewerytown Ct, Philadelphia, PA 19121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3000 Master St, Unit J
    Philadelphia, PA 19121-4427
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.