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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Investment properties
6128 Rdg Ave 32 Philadelphia, PA 19128-2626
Entity Owned
8-yr Hold
Free & Clear
Property ID
US73-2519629
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,286 SF
Lot
0.17 ac (7,571 SF)
Zoning code
CMX2.5
APN
88-2-9633-00
UPID
US73-2519629
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
VBC | Volumetric Building Companies Construction Company
-
Volumetric Building Companies Construction Company
-
Modular Mobilization Coalition Association / Organization
-
Daniel Clymer, KI & Associates, Inc. Real Estate Agency
-
VBC Giving Foundation Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$685k
Owner & transaction history
6128 Ridge Avenue LLC · 8 yrs held
6128 Ridge Avenue LLC
since 2018
7 recorded transactions
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$980,000
+5.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$925,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$980,000
Change: +6% · Conversion: Difficult
RETAIL STORES
$905,000
Change: -2% · Conversion: Easy
AUTO REPAIR, GARAGE
$835,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$130 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,898
Tax year 2023
Assessed value
$564,200
Assessed 2023
Previous assessed
$564,200
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$112,835
Assessed improvement
$451,365
Land market value
$112,835
Improvement market value
$451,365
Total market value
$564,200
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Total area
5,286 SF
Lot
0.17 ac (7,571 SF)
Zoning code
CMX2.5
APN
88-2-9633-00
UPID
US73-2519629
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Zoning CMX2.5 · permitted uses
CMX2.5 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$980,000
RETAIL STORES
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$835,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
6128 Ridge Avenue LLC
Entity
Free & Clear · 8 yrs held
Mailing address
401 COMMERCE DR #104, FORT WASHINGTON, PA 19034-2714
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2020
—
6128 Ridge Avenue LLC
—
Deed
related
$1,980,000 · Univest Bk & Tr Co
Aug 3, 2020
—
Ridge Avenue LLC
—
Deed
related
$904,000 · South Eastern Economic Development Coman
Dec 21, 2018
—
6128 Ridge Avenue LLC
—
Deed
related
$1,980,000 · Univest Bk & Tr Co
Jul 11, 2018
$870,000
6128 Ridge Avenue LLC
Roxborough R/e Grp LP
Grant Deed
—
Jul 11, 2018
—
Buckley Hldgs Mgmt LLC
—
Deed Of Trust
related
$680,000 · Univest Bk & Tr Co
Jun 15, 2011
$330,000
Roxborough R/e Group LP
First Penco Realty INC
Grant Deed
—
—
—
6128 Ridge Avenue LLC
—
Loan Modification
related
$1,980,000 · Univest Bk & Tr Co
—
—
South Estn Economic Dev Co Of Pa
—
Deed Of Trust
related
$1,100,000 · Univest Bk & Tr Co
—
—
6128 Ridge Avenue LLC
—
Loan Modification
related
$1,980,000 · Univest Bk & Tr Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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