Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Assisted living facilities
4849 Parkside Ave Philadelphia, PA 19131
Individually Owned
2-yr Hold
Free & Clear
Property ID
US73-0183752
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,400 SF
Lot
1.4 ac (60,984 SF)
Zoning code
RSD3
APN
88-1-4310-00
UPID
US73-0183752
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
-
Joyce's Place Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$815k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
Project Home · 2 yrs held
Project Home
since 2023
Last sale
$912,100
2 recorded transactions
Zoning & alternative use
RSD3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
printable PDF version, click HERE } Map Symbol District Name Previously Known As Map Symbol District Name Previously Known As RSD-1 Residential Single-Family Detached-1 R1 RSD-2 Residential Single-Family Detached-2 R1A RSD-3 Residential Single-Family Detached-3 R2 RSA-1 Residential Single-Family Attached-1 R3 RSA-2 Residential Single-Family Attached-2 R4 RSA…
Zone name
Residential Single Family Detached
General category
RESIDENTIAL
Zone area
3,795.68 ac
Top alternative use upside
Medical building
$1.4M
+179.0%
Retail stores
$1.1M
+126.7%
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
$865,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,405,000
Change: +179% · Conversion: Difficult
RETAIL STORES
$1,140,000
Change: +127% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $912k (Sep 27 2023)
Last sale anchor
$912k
Sep 27 2023
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
$61 / 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
$19,204
Tax year 2023
Assessed value
$1,371,900
Assessed 2023
Previous assessed
$1,371,900
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$342,975
Assessed improvement
$1,028,925
Land market value
$342,975
Improvement market value
$1,028,925
Total market value
$1,371,900
Applied tax rate
52.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Total area
14,400 SF
Lot
1.4 ac (60,984 SF)
Zoning code
RSD3
APN
88-1-4310-00
UPID
US73-0183752
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RSD3 · Philadelphia, PAZoning RSD3 · permitted uses
RSD3 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
printable PDF version, click HERE } Map Symbol District Name Previously Known As Map Symbol District Name Previously Known As RSD-1 Residential Single-Family Detached-1 R1 RSD-2 Residential Single-Family Detached-2 R1A RSD-3 Residential Single-Family Detached-3 R2 RSA-1 Residential Single-Family Attached-1 R3 RSA-2 Residential Single-Family Attached-2 R4 RSA-3 Residential Single-Family Attached-3 R5 RSA-4 Residential Single-Family Attached-
Zone name
Residential Single Family Detached
General category
RESIDENTIAL
Zone area
3,795.68 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
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
1926
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
3
Lot
1.4 ac
Current owner
From public records · entity-resolved
Project Home
Individual
Free & Clear · 2 yrs held
Mailing address
1416 FAIRMOUNT AVE #241, PHILADELPHIA, PA 19130-2908
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2023
$912,100
Project Home
4849 N Parkside LLC
Special Warranty Deed
—
Apr 22, 2021
$875,000
4849 N Parkside LLC
Bobby E Spears
Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4849 Parkside Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
