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Property profile & analytics
FOR LEASE
Industrial properties
6310 Passyunk Ave Philadelphia, PA 19153
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-1670106
For Lease
1 / 2
$21,830,000
6310 Passyunk Ave, Philadelphia, PA 19153
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
REFINERY, PETROLEUM PRODUCTS
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,827 SF
Lot
40.79 ac (1,776,987 SF)
Zoning code
I3
APN
88-4-0000-48
UPID
US73-1670106
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.83M
Owner & transaction history
Bp Point Breeze LLC · 4 yrs held
Bp Point Breeze LLC
since 2022
Last sale
$22.5M
3 recorded transactions
Zoning & alternative use
I3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$20,485,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$21.83M
Range $19.65M – $24.01M · ±10% · vs last sale $22.50M (May 23 2022)
Last sale anchor
$22.50M
May 23 2022
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
$2,016 / 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
$48,051
Tax year 2023
Assessed value
$3,432,700
Assessed 2023
Previous assessed
$3,432,700
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$2,576,100
Assessed improvement
$856,600
Land market value
$2,576,100
Improvement market value
$856,600
Total market value
$3,432,700
Applied tax rate
40.0000
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
Industrial properties
Use group
REFINERY, PETROLEUM PRODUCTS
Status
For Lease
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
10,827 SF
Lot
40.79 ac (1,776,987 SF)
Zoning code
I3
APN
88-4-0000-48
UPID
US73-1670106
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I3 · Philadelphia, PA
Zoning I3 · permitted uses
I3 · 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.
Building & site characteristics
From public records
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
40.79 ac
Current owner
From public records · entity-resolved
Bp Point Breeze LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1001 LOUISIANA STSUITE-10, HOUSTON, TX 77002-5089
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2024
—
Bp Point Breeze LLC
—
Deed
related
$62,969,000 · Jpmorgan Chase Bank NA
May 23, 2022
$22,500,000
Bp Point Breeze LLC
Kinder Morgan Liquids Terminals LLC
Special Warranty Deed
—
Apr 26, 2022
—
Kinder Morgan Liquids Terminals LLC
Kinder Morgan Liquids Terminals LLC
Intrafamily Transfer
related
—
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.
Try Rey
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