Realmo Analytics

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Property profile

35 2nd St Philadelphia, PA 19106

OFF-MARKET
Retail space
Property ID
US73-2691519
8,408 SF 0.1 ac lot Built 1900
Last sale Mar 2016 · $800,000
Individually Owned Owner of record is an individual. 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 35 S 2nd Street in Philadelphia’s Old City is a retail building featuring 25 feet of frontage along South 2nd Street, 15-foot ceilings, and approximately 3,500 square feet of finished lower-level space. The interior includes a fully functional kitchen and is served by high-capacity gas meters. Vehicle access is provided via a rear loading dock reached from Letitia Street. The building is located between Market and Chestnut streets and has direct access to I-95, with walkable…

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?
$14k
Tax billed · 2023
Assessed value$1.01M
Assessed land$202k
Assessed improvement$809k
Effective rate1.40%

Value estimate

· Nov 2026
$1.28M
$1.15M – $1.41M
CAP approach$1.46M
Submarket $/SF estimate$898k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$171/SF
Submarket average, outlier-cleaned · 466 recorded sales of this use type
Observed band · Q1–Q3$87 – $278
Qualifying comparables5

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?
CMX3
CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Au...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat7.6
Tanning Salon7.2
Plumbing Service7.1

Location

35 2nd St Philadelphia, PA 19106-2353
County assessor Recorded deeds · 1 transfer 5 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
156 2nd, Philadelphia, PA 19106-1912 $3,600,000 Feb 2025 1,700 SF
312 2nd, Philadelphia, PA 19106-1205 $9,950,000 Sep 2022 17,632 SF
714 Chestnut, Philadelphia, PA 19106-3201 $2,225,000 Sep 2022 12,338 SF
241 Race, Philadelphia, PA 19106-1909 $475,000 Mar 2022 1,617 SF
314 5th, Philadelphia, PA 19106-4117 $11,500,000 Nov 2021 8,646 SF
309 5th, Philadelphia, PA 19106-4215 $13,650,000 Jan 2020 16,870 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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