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Property profile & analytics
OFF-MARKET Estimated value $755,000
Grocery and convenience stores

4261 Lancaster Ave Philadelphia, PA 19104-1470

7,350 SF 0.27 ac lot Built 1915
Individually Owned 9-yr Hold Free & Clear
Property ID
US73-1255098
Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,350 SF
Lot 0.27 ac (11,694 SF)
Zoning code CMX2
APN 88-2-9293-75
UPID US73-1255098
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
  • Sunshine Food Market Grocery & Convenience Store Food Market
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$752k
Blend (final) Blend
$755k
Owner & transaction history
Munir A Mustafa · 9 yrs held
Munir A Mustafa
since 2016
1 recorded transaction
2016
Price N/A
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls 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 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 1,472.20 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Auto repair, garage $1.2M +93.0%
Warehouse, storage $945,000 +57.6%
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