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    5601 Chestnut St, Unit 25 Philadelphia, PA 19139-3201
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    Property profile & analytics

    5601 Chestnut St, Unit 25, Philadelphia, PA 19139-3201

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    • Grocery and convenience stores
    • 54,013 SF
    • 3.72 lot acres
    Off-Market
    Property ID
    US73-0860685
    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.

    Value Estimations
    $8,525,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wendy's / Restaurant / Take-out & Catering
    • The Fresh Grocer of 56th & Chestnut / Take-out & Catering / Catering Service
    • KeyMe Locksmiths / Locksmith / (Bike/Boat/Book/etc) Store
    • Minute Key / Locksmith / (Bike/Boat/Book/etc) Store
    • Wendy’s / Restaurant / Take-out & Catering

    Property Details for 5601 Chestnut St

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.72 lot acres
    Zone code
    CA2
    Property type
    Grocery and convenience stores
    APN
    88-2-8848-10
    APU
    882884810

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 16, 2022 — Briad Wenchest LLC — Deed · related $55.1M · Mid Penn Bank
    Apr 8, 2022 — Chesmark Associates LP — Deed · related $10M · Customers Bank
    Aug 4, 2017 — Chesmark Associates LP — Grant Deed · related $8.2M · Liberty Bk
    May 18, 2006 $3,400,000 Spirit Master Funding LLC Spirit Master Holdings Spe LLC Special Warranty Deed $3.4M · Citibank NA
    May 4, 1998 $3,250,000 Rite Aid Of Pennsylvania Gerimed Corp Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $10,175,000
      6.5%
      $9,390,000
      7%
      $8,720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,343,000
      Market price range: $3.43M - $8.34M
      AI Estimate
      $7,831,000
      Market price range: $2.63M - $7.83M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,970,000
      Current use
      OFFICE BUILDING
      $13,740,000
      Change: +130% Conversion: Easy
      MEDICAL BUILDING
      $13,260,000
      Change: +122% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $10,020,000
      Change: +68% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $8,520,000
      Change: +43% Conversion: Difficult
      WAREHOUSE, STORAGE
      $6,955,000
      Change: +17% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $6,135,000
      Change: +3% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2339
    Latitude
    39.9604
    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
    $133,587
    $1,908,669
    $7,634,631
    $9,543,300
    -
    $1,908,669
    $7,634,631
    $9,543,300
    More about this property
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