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Property profile & analytics
OFF-MARKET Estimated value $3,680,000
Medical Office Space

7198 Castor Ave Philadelphia, PA 19149-1105

20,176 SF 0.51 ac lot Built 1975
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US73-5832296
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1975
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,176 SF
Lot 0.51 ac (22,133 SF)
Zoning code CMX2
APN 88-2-0005-40
UPID US73-5832296
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
  • Edward R. Snipes, M.D. Physician
  • Victor E. Ghantous, M.D. Physician Medical Clinic
  • DaVita Cottman Kidney Center Medical Clinic
  • Jefferson Moss-Magee Rehabilitation – Castor Avenue Physician
  • DaVita Cottman Kidney At Home Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.53M
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$3.68M
Owner & transaction history
Kh Castor Ave LP · 14 yrs held
Kh Castor Ave LP
since 2012
5 recorded transactions
2021
Price N/A
2012
$3.7M
2009
Price N/A
2008
$2.5M
2004
$2.1M
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls 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…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 1,472.20 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Apartment house (5+ units) $5.6M +13.3%
Office building $5.1M +3.6%
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