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Property profile & analytics
OFF-MARKET
Estimated value
$4,290,000
Industrial properties
6700th Essington Ave Philadelphia, PA 19153
Individually Owned
10-yr Hold
Free & Clear
Property ID
US73-1811380
Property profile
Verified
Property type
Industrial properties
Use group
REFINERY, PETROLEUM PRODUCTS
Year built
1960
Construction
METAL FRAME
Total area
20,476 SF
Lot
11.94 ac (520,237 SF)
Zoning code
I3
APN
88-4-1688-00
UPID
US73-1811380
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
$4.29M
Owner & transaction history
Pbf Logistics Products Trms Ll · 10 yrs held
Pbf Logistics Products Trms Ll
since 2016
Last sale
$4.3M
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
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
OFFICE BUILDING
$2,800,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$4.29M
Range $3.86M – $4.72M · ±10% · vs last sale $4.29M (Jul 6 2025)
Last sale anchor
$4.29M
Jul 6 2025
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
$210 / 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
$59,066
Tax year 2023
Assessed value
$4,219,600
Assessed 2023
Previous assessed
$4,219,600
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,265,880
Assessed improvement
$2,953,720
Land market value
$1,265,880
Improvement market value
$2,953,720
Total market value
$4,219,600
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
Off-Market
Year built
1960
Construction
METAL FRAME
Heating
NONE
Stories
1
Total area
20,476 SF
Lot
11.94 ac (520,237 SF)
Zoning code
I3
APN
88-4-1688-00
UPID
US73-1811380
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.8M
OFFICE BUILDING
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
1960
Construction
METAL FRAME
Heating
NONE
Stories
1
Lot
11.94 ac
Current owner
From public records · entity-resolved
Pbf Logistics Products Trms Ll
Individual
Free & Clear · 10 yrs held
Mailing address
1 SYLVAN WAY, PARSIPPANY, NJ 07054-3887
Ownership since
2016
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
May 7, 2016
$4,047,000
Pbf Logistics Products Trms Ll
Plains Products Terminals LLC
Grant Deed
—
Oct 7, 2005
$3,343,040
Pacific Atlantic Terminals LLC
Support Trms Operating Ptshp L
Grant Deed
—
—
—
Pbf Logistics Products Termina
—
Loan Modification
related
$750,000 · Wells Fargo Bk
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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