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Property profile & analytics
OFF-MARKET Estimated value $850,000
Auto shops

4391 Richmond St Philadelphia, PA 19137-1925

3,120 SF 0.23 ac lot Built 1948
Entity Owned 1-yr Hold Free & Clear
Property ID
US73-2904331
Property summary
AI-generated overview

This exceptional 3,120 square foot mixed-use property, located at 4391 Richmond St in Philadelphia, PA 19137, presents a unique investment opportunity. Built in 1948, this single-story building sits on a 10,000 square foot lot and is currently configured as a thriving auto service center with three gas pumps. The asking price is $850,000, translating to $272.44 per square foot. The property boasts a highly desirable CMX2 zoning designation, opening doors to a wide array of potential uses and development options. Its prime corner location on a busy intersection ensures high visibility and accessibility, making it an ideal site for a variety of commercial ventures. The fee simple ownership provides complete control and flexibility for the new owner. This property offers a blend of established income and significant upside potential, making it an attractive investment for both seasoned and emerging entrepreneurs. The property's size and zoning provide ample room for expansion or redevelopment, catering to a diverse range of business needs. Don't miss this chance to acquire a valuable asset in a thriving Philadelphia neighborhood.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,120 SF
Lot 0.23 ac (10,000 SF)
Zoning code CMX2
APN 88-2-9675-25
UPID US73-2904331
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
  • Dom's Auto Services Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$852k
Blend (final) Blend
$850k
Owner & transaction history
4391 Richmond St LLC · 1 yrs held
4391 Richmond St LLC
since 2024
Last sale
$850,000
1 recorded transaction
2024
$850,000
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $795,000 +61.3%
Medical building $765,000 +55.7%
Neighborhood: shopping center $580,000 +17.6%
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