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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Hospitals
5708 Rdg Ave Philadelphia, PA 19128-1734
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-2350948
Property profile
Verified
Property type
Hospitals
Use group
HOSPITAL - PRIVATE
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,133 SF
Lot
0.46 ac (19,993 SF)
Zoning code
CMX2.5
APN
88-2-9676-10
UPID
US73-2350948
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
-
Rox Falls Vet Veterinary Clinic
-
AFC Urgent Care Roxborough Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.42M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.44M
Owner & transaction history
5708 Ridge Holdings LLC · 6 yrs held
5708 Ridge Holdings LLC
since 2019
5 recorded transactions
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+26.1%
Apartment house (5+ units)
$2.0M
+13.3%
Office building
$1.8M
+3.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,540,000
6.5%
$1,420,000
7%
$1,320,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,750,000
Current use
RESTAURANT
$2,210,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,985,000
Change: +13% · Conversion: Moderate
OFFICE BUILDING
$1,815,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±10%
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
$202 / 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
$36,395
Tax year 2023
Assessed value
$2,600,000
Assessed 2023
Previous assessed
$1,059,000
+145.5% YoY
Effective rate
1.40%
On assessed value
Assessed land
$520,000
Assessed improvement
$2,080,000
Land market value
$520,000
Improvement market value
$2,080,000
Total market value
$2,600,000
Applied tax rate
21.0000
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
Hospitals
Use group
HOSPITAL - PRIVATE
Status
Off-Market
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
7,133 SF
Lot
0.46 ac (19,993 SF)
Zoning code
CMX2.5
APN
88-2-9676-10
UPID
US73-2350948
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Zoning CMX2.5 · permitted uses
CMX2.5 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.8M
RESTAURANT
Est. value
$2.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
5708 Ridge Holdings LLC
Entity
Mailing address
PO BOX 430, BRYN MAWR, PA 19010-0430
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2021
—
5708 Ridge Holdings LLC
—
Deed
related
$2,000,000 · Penn Community Bank
Sep 4, 2019
$1,030,000
5708 Ridge Holdings LLC
Trinetra Realty Holdings Pa LP
Special Warranty Deed
$800,000 · Republic First Bank
May 9, 2016
—
Trinetra Realty Holdings Pa LP
—
Deed
related
$28,000,000 · Citizens Bk
Aug 26, 2015
$130,010
Trinetra Realty Holdings Pa LP
Power Test Realty Co LP
Grant Deed
—
—
—
Trinetra Realty Holdings Pa LP
—
Deed Of Trust
related
$28,000,000 · Citizens Bk
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.
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