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Property profile & analytics
OFF-MARKET Estimated value $3,605,000
Assisted living facilities

4040 Market St Philadelphia, PA 19104-3003

102,999 SF 1.17 ac lot Built 1940
Individually Owned 7-yr Hold Free & Clear
Property ID
US73-2259904
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 102,999 SF
Lot 1.17 ac (50,922 SF)
Zoning code CMX4
APN 77-3-6005-00
UPID US73-2259904
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
  • Krystal Gamez Physician Medical Clinic
  • George Gazella Physician Medical Clinic
  • Penn Addiction Treatment Services Medical Clinic
  • Dr. Walter Ngaji-Okumu Dental Office
  • Penn Medicine Total Recovery Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.60M
Blend (final) Blend
$3.61M
Owner & transaction history
University Of Pennsylvania · 7 yrs held
University Of Pennsylvania
since 2018
1 recorded transaction
2018
$16.0M
Zoning & alternative use
CMX4 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts…

Zone name Community Commercial Mixed Use
General category MIXED_USE
Zone area 455.39 ac
Source TITLE 14. ZONING AND PLANNING
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