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    Property profile & analytics

    6 3rd St Philadelphia, PA 19106-2113

    • Turn key restaurants
    • 2,400 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Location Intelligence
    Property ID
    US73-2213482
    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

    • IDK Smash Burgerz & Nashville Hot Chicken / Fast Food Restaurant
    • Meraki Grill / Restaurant
    • Kurry Shack Old City / Health Food Restaurant / Indian Takeaway

    Property Details for 6 3rd St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.01 lot acres
    Property size
    2,400 SF
    Zone code
    CMX3
    Property type
    Turn key restaurants
    APN
    88-2-2616-00
    APU
    882261600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1458
    Latitude
    39.9504
    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
    $5,165
    $73,803
    $295,197
    $369,000
    -
    $73,803
    $295,197
    $369,000

    Comparable in this City

    • Value Estimation
      $760,000
      1,890 SF

      45 3rd St

      RESTAURANT • 1,890 SF
      45 3rd St, Philadelphia, PA 19106-2814
      View Details
    • Value Estimation
      $1,380,000
      1,120 SF

      130 3rd St

      RESTAURANT • 1,120 SF
      130 3rd St, Philadelphia, PA 19106-1802
      View Details
    • Value Estimation
      $520,000
      3,500 SF

      215 Chestnut St

      RESTAURANT • 3,500 SF
      215 Chestnut St, Philadelphia, PA 19106-2812
      View Details
    • Value Estimation by Request
      4,300 SF

      246 Market St

      RESTAURANT • 4,300 SF
      246 Market St, Philadelphia, PA 19106-2817
      View Details
    • Value Estimation by Request
      2,880 SF

      224 Market St

      RESTAURANT • 2,880 SF
      224 Market St, Philadelphia, PA 19106-2815
      View Details
    • Value Estimation
      $295,000
      1,422 SF

      60 2nd St

      RESTAURANT • 1,422 SF
      60 2nd St, Philadelphia, PA 19106-2810
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      3.8k
    • Visitors by month
      2.6k
    • Avg Time on site
      28 min
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    6 3rd St
    Philadelphia, PA 19106-2113
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    Realmo Value Estimation

    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.

    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.

    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
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