Property profile

5899 Lancaster Ave Philadelphia, PA 19131

OFF-MARKET
Retail space
Property ID
US73-0127384
6,276 SF 0.25 ac lot Built 2005
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,276 SF
Lot 0.25 ac (10,824 SF)
Zoning code ICMX
APN 88-2-0004-10
UPID US73-0127384

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center
  • Hair Salon
  • Grocery & Convenience Store Specialty Food Shop
  • Alternative Medicine Practice Spa & Massage Center
  • Photography Service (Bike/Boat/Book/etc) Store

Location

5899 Lancaster Ave Philadelphia, PA 19131-3444
Philadelphia metro Census 11800 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.09M
Comparable Approach Comparable
$613k
Blend (final) Blend
$830k

Owner & transaction history

since 2005
5 recorded transactions
2005
$100,900
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

ICMX · Philadelphia, PA
Zoning description

ICMX, Industrial Commercial Mixed-Use District. 299 The ICMX, Industrial Commercial Mixed-Use district is primarily intended to accommodate commercial and low-impact industrial uses. The district may serve as a buffer be…

General category MIXED_USE
Top alternative use upside
Neighborhood: shopping center $1.2M +8.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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