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Property profile & analytics
FOR LEASE
Investment properties
3251 Fox St, Philadelphia, PA 19129
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0040948
For Lease
1 / 6
$17 SF/Yr
3251 Fox St, Philadelphia, PA 19129
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
72,762 SF
Lot
1.5 ac (65,340 SF)
Zoning code
I1
APN
88-4-0677-00
UPID
US73-0040948
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dance Institute of Philadelphia LLC Training Center
-
𝗞𝗜𝗡𝗚𝗦 𝗚𝗔𝗟𝗟𝗘𝗥𝗬 𝗣𝗛𝗟 Art Gallery
-
Dolce Rouge Boutique Clothing & Fashion Store
-
Rep Hard Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.88M
Blend (final)
Blend
$8.14M
Owner & transaction history
3251 Fox St Limited Liabilety Compa · 6 yrs held
3251 Fox St Limited Liabilety Compa
since 2019
7 recorded transactions
Zoning & alternative use
I1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$13.5M
+52.1%
Retail stores
$12.5M
+40.5%
Auto repair, garage
$11.5M
+29.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$8,875,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$13,500,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$12,475,000
Change: +41% · Conversion: Easy
AUTO REPAIR, GARAGE
$11,475,000
Change: +29% · Conversion: Difficult
Blend value · Realmo final
$8.14M
Range $7.33M – $8.95M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$112 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,167
Tax year 2023
Previous assessed
$1,819,100
Total market value
$2,320,500
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Total area
72,762 SF
Lot
1.5 ac (65,340 SF)
Zoning code
I1
APN
88-4-0677-00
UPID
US73-0040948
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Philadelphia, PA
Zoning I1 · permitted uses
I1 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$8.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.5M
RETAIL STORES
Est. value
$12.5M
AUTO REPAIR, GARAGE
Est. value
$11.5M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
3251 Fox St Limited Liabilety Compa
Individual
Mailing address
2209 N AMERICAN ST, PHILADELPHIA, PA 19133-3306
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2022
—
3251 Fox St LLC
—
Deed
related
$4,500,000 · Citadel FCU
Mar 1, 2022
—
3251 Fox St LLC
—
Deed
related
$1,000,000 · Thomas Kelly
Aug 10, 2021
—
3251 Fox St Limited Liability Compa
—
Deed
related
$1,400,000 · Parke Bank
Mar 12, 2020
—
3251 Fox Street LLC
—
Deed
related
$515,000 · Parke Direct Lending Group LLC
Nov 27, 2019
—
3251 Fox St LLC
—
Deed
related
$500,000 · Parke Direct Lending Group LLC
Aug 29, 2019
$1,500,000
3251 Fox St Limited Liabilety Compa
3251 Fox LLC
Deed
$1,500,000 · Parke Bank
Nov 8, 2017
—
3251 Fox LLC
Berenato,paul W SR & Marie L
Deed In Lieu Of Foreclosure
related
—
May 11, 2005
—
Paul W Berenato SR.
Berenato,paul W SR & Marie L
Quit Claim Deed
related
—
—
—
3251 Fox St LLC
—
Deed Of Trust
related
$500,000 · Parke Direct Lending Group LLC
—
—
Paul W Berenato
—
Deed Of Trust
related
$600,000 · Royal Bank America
—
—
3251 Fox Street LLC
—
Deed Of Trust
related
$515,000 · Parke Direct Lending Group LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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