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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6000 Tabor Ave, Unit 30 Philadelphia, PA 19111-7701

    • Apartment buildings
    • 51,800 SF
    • 2.31 lot acres
    OFF-MARKET
    Last Sale
    Apr 11, 2025
    $10,775,000
    Value Estimations
    $10,445,000
    Show details
    Cap Rate Potential
    7%
    Apartment buildings
    Location Intelligence
    Property ID
    US73-1559839
    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

    • George's Lunchette / Restaurant
    • Lawndale Apartments / Apartment Complex / Apartment Building
    • EMB NETWORK / Vitamin & Supplements Store

    Property Details for 6000 Tabor Ave

    Year built
    1947
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.31 lot acres
    Property size
    51,800 SF
    Zone code
    RM2
    Property type
    Apartment buildings
    APN
    88-1-1291-00
    APU
    881129100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,160,000
      ML approach
      $8,035,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $10,690,000
      6.5%
      $9,865,000
      7%
      $9,160,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $11,646,000
      Market price range: $7.65M - $20.8M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $12,105,000
      Current use
      RESTAURANT
      $16,040,000
      Change: +33% Conversion: Difficult
      OFFICE BUILDING
      $13,180,000
      Change: +9% Conversion: Moderate
      MEDICAL BUILDING
      $12,720,000
      Change: +5% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.0968
    Latitude
    40.043
    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
    $62,599
    $1,341,600
    $3,130,400
    $4,472,000
    -
    $1,341,600
    $3,130,400
    $4,472,000

    Comparable in this City

    • Value Estimation
      $20,100,000
      171,000 SF

      6451 Oxford Ave, Unit 61

      APARTMENT HOUSE (100+ UNITS) • 171,000 SF
      6451 Oxford Ave, Philadelphia, PA 19111-5334
      View Details
    • Value Estimation
      $845,000
      5,683 SF

      1706 Rhawn St, Unit 12

      APARTMENT HOUSE (5+ UNITS) • 5,683 SF
      1706 Rhawn St, Philadelphia, PA 19111-2920
      View Details
    • Value Estimation
      $10,710,000
      92,160 SF

      8515-25 Rising Sun Ave

      APARTMENT HOUSE (5+ UNITS) • 92,160 SF
      8515-25 Rising Sun Ave, Philadelphia, PA 19111
      View Details
    • Value Estimation by Request
      6,039 SF

      7405 Dorcas St

      APARTMENT HOUSE (5+ UNITS) • 6,039 SF
      7405 Dorcas St, Philadelphia, PA 19111-3719
      View Details
    • Value Estimation
      $9,575,000
      20,230 SF

      1015 Afton St, Unit 23

      APARTMENT HOUSE (5+ UNITS) • 20,230 SF
      1015 Afton St, Philadelphia, PA 19111-3251
      View Details
    • Value Estimation
      $950,000
      6,586 SF

      351 Levick St, Unit 55

      APARTMENT HOUSE (5+ UNITS) • 6,586 SF
      351 Levick St, Philadelphia, PA 19111-5647
      View Details

    Similar Nearby for Sale

    • $319,900
      1,320 SF

      Well-Maintained Duplex in Philadelphia

      Twin duplex in Fox Chase, ideal for investment or owner-occupancy.
      7333 Tabor Ave, Philadelphia, PA 19111
      View Details
    • New
      $399,999
      2,216 SF

      Mixed-Use Property in Burholme

      Mixed-use property with office space and multiple apartments in Philadelphia.
      7333-35 Rising Sun Ave, Philadelphia, PA 19111
      View Details
    • $410,000
      1,320 SF

      Legal Duplex with Garage/Office Space

      Legal duplex with a two-car garage and office space.
      7352 Dungan Rd, Philadelphia, PA 19111
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    • $310,000
      1,440 SF

      Fox Chase Twin Home

      Charming 3-bedroom home in a desirable Philadelphia neighborhood.
      825 Rhawn St, Philadelphia, PA 19111
      View Details
    • $389,900
      1,520 SF

      Updated Twin Home in Rhawnhurst

      Charming, updated 4-bedroom twin home with modern amenities and convenient location.
      7830 Summerdale Ave, Philadelphia, PA 19111
      View Details
    • $229,000
      1,152 SF

      Move-In Ready Townhome

      Conveniently located townhome with finished basement and updated systems.
      1344 Greeby St, Philadelphia, PA 19111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Spacious Flex Space Near Transportation

      15,000 SF flex space with convenient transportation access.
      505 Knorr St, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      93,040 SF

      Lawndale Plaza Retail Space Available

      Philadelphia Retail Strip Center, Multiple Units
      6301 Oxford Ave, Philadelphia, PA 19111
      View Details
    • $16 SF/Yr
      7,000 SF

      Retail Space in Fox Chase

      Retail space available in Philadelphia's Fox Chase neighborhood.
      451 Rhawn St, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      74,000 SF

      Office, Showroom, Warehouse Space Available

      Renovated 35,000± SF space for office, showroom, and warehouse.
      7746 Dungan Rd, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      92,733 SF

      Lawndale Plaza Retail Center

      Philadelphia Retail Space Available: 700 SF
      6301 Oxford Ave, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      74,000 SF

      Rhawnhurst Warehouse Space

      74,000 SF Industrial Building, 35,000 SF Available
      7746 Dungan Rd, Philadelphia, PA 19111
      View Details
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    6000 Tabor Ave, Unit 30
    Philadelphia, PA 19111-7701
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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