Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    602 Carpenter Ln Philadelphia, PA 19119-3404

    • Investment properties
    • 1,596 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US73-2953783
    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

    • High Point Cafe / Espresso Bar / Coffee Shop
    • Philadelphia Community Acupuncture / Acupuncture Clinic

    Property Details for 602 Carpenter Ln

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    1,596 SF
    Zone code
    CMX2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    87-1-5285-10
    APU
    871528510

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $355,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $405,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $315,000
      Retail
      $325,000
      Mixed-Use
      $390,000
      Hospitality
      $375,000
      Educational
      $305,000
      Residential Income
      $310,000
      Energy
      $325,000
      Income-Based Land
      $330,000
      Food Service
      $370,000

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1958
    Latitude
    40.0462
    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
    $3,019
    $43,140
    $172,560
    $215,700
    -
    $43,140
    $172,560
    $215,700

    Comparable in this City

    • Value Estimation by Request
      2,316 SF

      7212 Germantown Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,316 SF
      7212 Germantown Ave, Philadelphia, PA 19119-1721
      View Details
    • Value Estimation by Request
      2,512 SF

      6650 Musgrave St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,512 SF
      6650 Musgrave St, Philadelphia, PA 19119-2216
      View Details
    • Value Estimation
      $240,000
      1,923 SF

      7103 Emlen St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,923 SF
      7103 Emlen St, Philadelphia, PA 19119-2913
      View Details
    • Value Estimation
      $345,000
      2,628 SF

      6761 Germantown Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,628 SF
      6761 Germantown Ave, Philadelphia, PA 19119-2111
      View Details
    • Value Estimation
      $205,000
      1,890 SF

      6603 Chew Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,890 SF
      6603 Chew Ave, Philadelphia, PA 19119-2002
      View Details
    • Value Estimation
      $210,000
      1,440 SF

      6607 Chew Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,440 SF
      6607 Chew Ave, Philadelphia, PA 19119-2002
      View Details

    Similar Nearby for Sale

    • $945,000
      0.05 Acres

      Philadelphia Land Investment Opportunity

      Five lots in Mount Airy, Philadelphia, near transportation and amenities.
      6700 Musgrave St, Philadelphia, PA 19119
      View Details
    • $1,800,000
      5,555 SF

      Germantown Ave Luxury Apartments

      Brand new, 4-unit apartment building in Philadelphia.
      6516 Germantown Ave, Philadelphia, PA 19119
      View Details
    • $259,000

      Renovated Rowhome in East Mount Airy

      Charming, renovated 3-bedroom rowhome in Philadelphia's desirable East Mount Airy.
      6641 Crowson St, Philadelphia, PA 19119
      View Details
    • $199,000
      0.20 Acres

      Shovel-Ready Residential Development Site

      Development site with permits for four luxury residential homes.
      265 E Hortter St, Philadelphia, PA 19119
      View Details
    • $52,500
      0.02 Acres

      Three Vacant Lots Package

      Three adjacent vacant lots near Chestnut Hill for sale.
      6724 Bass St, Philadelphia, PA 19119
      View Details
    • $400,000

      Land for Sale

      Land available for sale.
      407 E Allens Ln, Philadelphia, PA 19119
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      1,307 SF

      Germantown Ave Retail/Office Space

      Retail or office space available on Germantown Avenue.
      6761 Germantown Ave, Philadelphia, PA 19119
      View Details
    • $25 SF/Yr
      6,423 SF

      Historic Mt. Airy Commercial Gem

      Prime Philadelphia retail/restaurant space.
      6740 Germantown Ave, Philadelphia, PA 19119
      View Details
    • $408 /Mo
      342 SF

      Mt. Airy Creative Office Space

      342 sq ft, Single Tenant Office
      7058 Germantown Ave, Philadelphia, PA 19119
      View Details
    • Contact for pricing
      7,160 SF

      Retail Space in Mixed-Use Project

      New construction retail space available in Philadelphia.
      7619 Germantown Ave, Philadelphia, PA 19119
      View Details
    • $336 /Mo
      164 SF

      Mt. Airy Creative Office Space

      Prime Location, 164 sq ft Office
      7047 Germantown Ave, Philadelphia, PA 19119
      View Details
    • $2,200 /Mo
      1,307 SF

      Germantown Avenue Retail/Office Space

      Two-level retail/office space in Philadelphia's Germantown neighborhood.
      6761 Germantown Ave, Philadelphia, PA 19119
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    602 Carpenter Ln
    Philadelphia, PA 19119-3404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.