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Property profile & analytics
FOR SALE
Retail space
7101 E Roosevelt Blvd Philadelphia, PA 19149
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0269140
For Sale
1 / 34
$20,000,000
7101 E Roosevelt Blvd, Philadelphia, PA 19149
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
70,117 SF
Lot
5.5 ac (239,580 SF)
Zoning code
CA1
APN
88-2-0740-00
UPID
US73-0269140
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
-
Sears Heating and Air Conditioning Hardware & Home Improvement HVAC Service
-
National Wholesale Liquidators Big Box & Wholesale Store Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.83M
CAP Approach
CAP
$12.19M
Comparable Approach
Comparable
$12.10M
Blend (final)
Blend
$10.73M
Owner & transaction history
Hengda Invs Prop LLC · 6 yrs held
Hengda Invs Prop LLC
since 2020
Last sale
$10.3M
6 recorded transactions
Zoning & alternative use
CA1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$17.8M
+8.3%
Medical building
$17.2M
+4.5%
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
$12,135,000
ML approach
$9,825,000
CAP Approach
CAP Return
Estimation
6%
$13,210,000
6.5%
$12,190,000
7%
$11,320,000
Alternative Use
Use
Estimation
RETAIL STORES
$16,475,000
Current use
OFFICE BUILDING
$17,840,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$17,215,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$10.73M
Range $9.65M – $11.80M · ±10% · vs last sale $10.34M (May 1 2020)
Last sale anchor
$10.34M
May 1 2020
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
$153 / 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
$106,259
Tax year 2023
Assessed value
$7,591,000
Assessed 2023
Previous assessed
$9,310,000
-18.5% YoY
Effective rate
1.40%
On assessed value
Assessed land
$5,313,723
Assessed improvement
$2,277,277
Land market value
$5,313,723
Improvement market value
$2,277,277
Total market value
$7,591,000
Applied tax rate
64.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
70,117 SF
Lot
5.5 ac (239,580 SF)
Zoning code
CA1
APN
88-2-0740-00
UPID
US73-0269140
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CA1 · Philadelphia, PA
Zoning CA1 · permitted uses
CA1 · 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
RETAIL STORES Current
Est. value
$16.5M
OFFICE BUILDING
Est. value
$17.8M
MEDICAL BUILDING
Est. value
$17.2M
RETAIL STORES Current
OFFICE BUILDING
MEDICAL 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
1979
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
5.5 ac
Current owner
From public records · entity-resolved
Hengda Invs Prop LLC
Entity
Mailing address
4429 N AMERICAN ST, PHILADELPHIA, PA 19140-2420
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2021
—
Hengda Investment Properties LLC
—
Deed
related
$600,000,000 · American Heritage FCU
May 1, 2020
$10,341,042
Hengda Invs Prop LLC
Pennsee LLC
Grant Deed
$3,000,000 · Bala Real Estate LLC
May 1, 2020
—
Hengda Invs Prop LLC
—
Deed
related
$2,216,250 · American Heritage FCU
—
—
Pennsee LLC
—
Deed Of Trust
related
$4,200,000 · Signature Bk
—
—
Hengda Invs Prop LLC
—
Deed Of Trust
related
$2,216,250 · American Heritage FCU
—
—
Pennsee LLC
—
Deed Of Trust
related
$4,800,000 · North Fork Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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