6537 Castor Ave Philadelphia, PA 19149-2708
Property Lookup
Property profile & analytics
6537 Castor Ave Philadelphia, PA 19149-2708
- Banks
- 3,225 SF
- 0.19 lot acres
Property ID
US73-5871044
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.
Location Intelligence
Current Use by Public Records
- Citizens / Bank / Loan Service
- Citizens ATM / Atm
Property Details for 6537 Castor Ave
- Year built
- 1971
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.19 lot acres
- Property size
- 3,225 SF
- Zone code
- CA1
- Property type
- Banks
- APN
- 88-2-9630-05
- APU
- 882963005
Description
This exceptional investment opportunity presents a 3,507 square foot Citizens Bank located at 6537 Castor Avenue, Philadelphia, PA 19149. The property, built in 1972 and situated on a 0.19-acre lot, is currently operating at 100% occupancy under an Absolute NNN lease with a corporate guarantee. The lease commenced June 14, 2007, and has a remaining term of 5.6 years, expiring June 30, 2030. Two five-year lease options exist at market rent. The annual rent includes a 2.5% increase, ensuring consistent growth. The asking price is $2,246,153, representing a price per square foot of $640.48 and a 6.50% cap rate. The property boasts a Net Operating Income (NOI) of $146,000. This Citizens Bank branch has a long operational history, exceeding 17 years, and maintains a significant deposit base. Its location within a high-density, walkable area of Philadelphia offers strong potential for future appreciation. The property's strong tenant, lease terms, and location make it an attractive investment for those seeking a stable, high-yielding asset. This is a rare opportunity to acquire a well-established bank branch in a prime Philadelphia location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,785,000
- ML approach
- $1,710,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.0751
- Latitude
- 40.0414
- 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
$20,315
$290,250
$1,161,050
$1,451,300
-
$290,250
$1,161,050
$1,451,300
