Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4938 Carlisle St Philadelphia, PA 19141-2220

    • Other commercial real estate
    • 1,096 SF
    • 0.05 lot acres
    OFF-MARKET
    Last Sale
    Feb 19, 2025
    $130,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0287262
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Make Africa Great Again / Community Center
    • Universal Full Auto Repair - Towing / Auto Repair Shop

    Property Details for 4938 Carlisle St

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.05 lot acres
    Property size
    1,096 SF
    Zone code
    CMX2
    Property type
    Other commercial real estate
    APN
    88-2-9190-00
    APU
    882919000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.148
    Latitude
    40.0287
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,187
    $16,958
    $67,842
    $84,800
    -
    $16,958
    $67,842
    $84,800

    Comparable in this City

    • Value Estimation by Request

      5579 Old York Rd

      Investment properties
      5579 Old York Rd, Philadelphia, PA 19141
      View Details
    • Value Estimation by Request
      0.12 Acres

      4915 Smedley St

      VACANT COMMERCIAL LAND • 0.12 Acres
      4915 Smedley St, Philadelphia, PA 19141-1518
      View Details
    • Value Estimation by Request
      0.05 Acres

      1835 Belfield Ave

      VACANT COMMERCIAL LAND • 0.05 Acres
      1835 Belfield Ave, Philadelphia, PA 19141-1008
      View Details
    • Value Estimation by Request
      0.07 Acres

      5800 Marvine St

      PARKING LOT • 0.07 Acres
      5800 Marvine St, Philadelphia, PA 19141-4118
      View Details
    • Value Estimation by Request
      2,040 SF

      5900 Park Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,040 SF
      5900 Park Ave, Philadelphia, PA 19141-3218
      View Details
    • Value Estimation by Request
      2,538 SF

      1017 Windrim Ave

      WAREHOUSE, STORAGE • 2,538 SF
      1017 Windrim Ave, Philadelphia, PA 19141
      View Details

    Similar Nearby for Sale

    • $325,000
      2,265 SF

      Duplex with Daycare Potential

      Duplex with daycare zoning, garage rental income, ideal location.
      4900 N 11Th St, Philadelphia, PA 19141
      View Details
    • $75,000
      0.06 Acres

      Philadelphia Land for Residential Development

      Vacant lots in Logan section, ideal for new construction.
      4835-37 N 11Th St, Philadelphia, PA 19141
      View Details
    • $350,000
      0.05 Acres

      Mixed-Use Building in Philadelphia

      Three-story building with restaurant, apartment, and redevelopment potential.
      5917 N Broad St, Philadelphia, PA 19141
      View Details
    • $319,000
      2,703 SF

      North Philadelphia Income-Producing Triplex

      Triplex with commercial and residential units, generating steady income.
      4935 Old York Rd, Philadelphia, PA 19141
      View Details
    • $175,000
      1,316 SF

      Spacious Home with Recent Updates

      Large property featuring newer windows, roof, heating system, and updated electric.
      5325 N 15Th St, Philadelphia, PA 19141
      View Details
    • Contact for pricing
      11,361 SF

      Retail Building or Redevelopment Opportunity

      Retail property with redevelopment potential on 1.86 acres.
      1334 Windrim Ave, Philadelphia, PA 19141
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      33,198 SF

      Tabor Med Office Space, Philadelphia

      Prime Medical Office Space near Einstein
      1335 Tabor Rd, Philadelphia, PA 19141
      View Details
    • $1,375 /Mo

      Renovated Two-Bedroom Apartment For Rent

      Newly renovated two-bedroom apartment with modern amenities and convenient location.
      1628 W Loudon St St, Philadelphia, PA 19141
      View Details
    • Contact for pricing
      8,050 SF

      LTC Facilities Available For Lease

      Two standalone LTC facilities with existing amenities available for lease.
      5201 Old York Rd, Philadelphia, PA 19141
      View Details
    • $10 SF/Yr
      10,646 SF

      Philadelphia Office Space Available

      Office space available for rent in Philadelphia.
      5210-5218 N Broad St, Philadelphia, PA 19141
      View Details
    • Contact for pricing
      11,361 SF

      Retail Building or Redevelopment Opportunity

      Freestanding 11,361 SF retail building available for rent.
      1324 Lindley Ave, Philadelphia, PA 19141
      View Details
    • $32 SF/Yr
      2,822 SF

      Office Space Available For Rent

      Office space available for lease in Philadelphia, PA.
      4900 S 15Th St, Philadelphia, PA 19141
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4938 Carlisle St
    Philadelphia, PA 19141-2220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.