Financial
Distress signals
Property profile

4050 Ludlow St Philadelphia, PA 19104

OFF-MARKET
Warehouses
Property ID
US73-1436753
9,500 SF 0.22 ac lot Built 1970
Last sale Jan 2026 · $2,689,579
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 9,503 square foot commercial land parcel, located at 4050 Ludlow St in Philadelphia, Pennsylvania (zip code 19104), presents a unique investment opportunity. Currently zoned CMX4, the property boasts pre-approved plans for the construction of a 97-unit residential building. This "shovel-ready" status significantly reduces development timelines and associated costs, making it an attractive proposition for experienced developers. Situated in the heart of University City, this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$55k
Tax billed · 2023
Assessed value$3.90M
Assessed land$848k
Assessed improvement$3.05M
Effective rate1.40%

Value estimate

· Sep 2026
$2.94M
$2.65M – $3.23M
AI approach$2.84M
Submarket $/SF estimate$2.22M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$129/SF
Submarket average, outlier-cleaned · 537 recorded sales of this use type
Observed band · Q1–Q3$51 – $233
Qualifying comparables8

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?
CMX4
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-Ori...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.1
Electrical Service13.6
Building Supply12.8

Location

4050 Ludlow St Philadelphia, PA 19104
County assessor Recorded deeds · 4 transfers 8 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
4100 Haverford, Philadelphia, PA 19104-1708 $1,320,000 Oct 2024 10,554 SF
18 40th, Philadelphia, PA 19104-2602 $2,400,000 Feb 2024 6,240 SF
1026 Belmont, Philadelphia, PA 19104-1212 $400,000 Jun 2023 6,300 SF
1238 Belmont, Philadelphia, PA 19104-1001 $950,000 Jun 2022 19,460 SF
1115 38th, Philadelphia, PA 19104-1101 $405,000 Sep 2020 6,160 SF
330006 Fairmount, Philadelphia, PA 19104-1366 $1,820,000 Mar 2019 16,800 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
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