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Property profile & analytics
OFF-MARKET
Estimated value
$13,680,000
Warehouses
400 5th St 18 Philadelphia, PA 19123-4019
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US73-1050642
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
122,825 SF
Lot
1.41 ac (61,245 SF)
Zoning code
CMX3
APN
88-4-0285-10
UPID
US73-1050642
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.29M
Comparable Approach
Comparable
$18.39M
Blend (final)
Blend
$13.68M
Owner & transaction history
Ysi II LLC · 21 yrs held
Ysi II LLC
since 2005
6 recorded transactions
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$22.8M
+44.1%
Retail stores
$21.1M
+33.1%
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%
$15,475,000
6.5%
$14,285,000
7%
$13,265,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$15,820,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$22,790,000
Change: +44% · Conversion: Moderate
RETAIL STORES
$21,060,000
Change: +33% · Conversion: Moderate
Blend value · Realmo final
$13.68M
Range $12.31M – $15.05M · ±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
$111 / 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
$193,378
Tax year 2023
Assessed value
$13,814,719
Assessed 2023
Previous assessed
$15,040,219
-8.1% YoY
Effective rate
1.40%
On assessed value
Assessed land
$3,743,343
Assessed improvement
$10,071,376
Land market value
$3,743,343
Improvement market value
$10,071,376
Total market value
$13,814,719
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
5
Total area
122,825 SF
Lot
1.41 ac (61,245 SF)
Zoning code
CMX3
APN
88-4-0285-10
UPID
US73-1050642
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX3 · Philadelphia, PA
Zoning CMX3 · permitted uses
CMX3 · 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
WAREHOUSE, STORAGE Current
Est. value
$15.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$22.8M
RETAIL STORES
Est. value
$21.1M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
5
Lot
1.41 ac
Current owner
From public records · entity-resolved
Ysi II LLC
Entity
Mailing address
PO BOX 320099, ALEXANDRIA, VA 22320-4099
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2012
—
Outdoor Advertising C Keystone
—
Deed Of Trust
related
$8,132,037 · Firstrust Bank
Jan 13, 2005
—
Ysi II LLC
Acquiport Of Amsdell I
Grant Deed
$90,000,000 · Lehman Capital Corp
Oct 26, 1999
$1,426,413
Callowhill Dss
Devon Self Storage LLC
Warranty Deed
related
—
—
—
Outdoor Advertising C Keystone
—
Deed Of Trust
related
$1,100,000 · Firstrust Bank
—
—
Outdoor Advertising C Keystone
—
Deed Of Trust
related
$8,132,037 · Firstrust Bank
—
—
Outdoor Advertising C Keystone
—
Deed Of Trust
related
$1,100,000 · Firstrust Bank
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.
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