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Financial
Distress signals
Property profile

58 2nd St Philadelphia, PA 19106

OFF-MARKET
Other commercial real estate
Property ID
US73-1912871
3,108 SF 0.02 ac lot Built 1900
Last sale Feb 2021 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years.
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Property summary

AI-generated overview

Commercial ground-floor space located on North 2nd Street in Philadelphia’s Old City neighborhood, between Arch and Market, with approximately 1,200 square feet on the ground level. The space is positioned at street level with large street-facing bay windows and tall ceilings that provide substantial natural light. The interior retains an existing buildout from its prior use as a barbershop, supporting uses such as a barbershop or salon configuration, and features an open-concept layout. An…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$535k
Assessed land$107k
Assessed improvement$428k
Effective rate1.40%

Value estimate

· Oct 2026
$865k
$779k – $952k
AI approach$845k
CAP approach$570k
Submarket $/SF estimate$715k

Realmo valuation models over county records and 39 qualifying comparable sales.

Recently sold

What actually traded nearby?
$249/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$198 – $310
Qualifying comparables39

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CMX3
CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Au...
General categoryMIXED_USE
JurisdictionPHILADELPHIA

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service7.4
Tanning Salon7.3
Laundromat7.3

Location

58 2nd St Philadelphia, PA 19106-2810
County assessor Recorded deeds · 1 transfer 39 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
160 2nd, Philadelphia, PA 19106-2079 $1,800,000 May 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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