You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $47,730,000
Hospitals

700 Spg Gdn St 40 Philadelphia, PA 19123-3508

278,180 SF 8.04 ac lot Built 1900
Individually Owned 8-yr Hold Free & Clear
Property ID
US73-2513547
Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 278,180 SF
Lot 8.04 ac (350,092 SF)
Zoning code CMX3
APN 77-1-6880-00
UPID US73-2513547
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
  • Philadelphia Red Cross Blood, Platelet and Plasma Donation Center Medical Clinic
  • David Moolten Physician
  • Dr. Ralph R. Vassallo Jr, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$47.73M
Owner & transaction history
American National Red Cross · 8 yrs held
American National Red Cross
since 2018
1 recorded transaction
2018
$15.5M
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general, relative indication of the range of uses and acti…

Zone name Community Commercial Mixed Use
General category MIXED_USE
Zone area 2,102.81 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Apartment house (5+ units) $77.4M +13.3%
Office building $70.8M +3.6%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Spg Gdn St, Unit 40?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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