Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7347 Frankford Ave, Unit 63 Philadelphia, PA 19136-3930

    • Investment properties
    • 6,321 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    $1,035,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1703477
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 7347 Frankford Ave

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.33 lot acres
    Property size
    6,321 SF
    Zone code
    CMX2.5
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    88-2-0583-10
    APU
    882058310

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,250,000
      6.5%
      $1,155,000
      7%
      $1,075,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $999,000
      Market price range: $548k - $1.04M
      AI Estimate
      $944,000
      Market price range: $548k - $987k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $815,000
      Current use
      OFFICE BUILDING
      $1,610,000
      Change: +97% Conversion: Easy
      MEDICAL BUILDING
      $1,550,000
      Change: +90% Conversion: Easy
      RETAIL STORES
      $1,230,000
      Change: +51% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,175,000
      Change: +44% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $995,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.0388
    Latitude
    40.0372
    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
    $10,781
    $154,031
    $616,169
    $770,200
    -
    $154,031
    $616,169
    $770,200

    Comparable in this City

    • Value Estimation
      $2,480,000
      21,921 SF

      8575 Torresdale Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 21,921 SF
      8575 Torresdale Ave, Philadelphia, PA 19136-1543
      View Details
    • Value Estimation by Request
      1,670 SF

      3006 Willits Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,670 SF
      3006 Willits Rd, Philadelphia, PA 19136-1115
      View Details
    • Value Estimation by Request
      2,669 SF

      3428 Rhawn St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,669 SF
      3428 Rhawn St, Philadelphia, PA 19136-2610
      View Details
    • Value Estimation by Request
      1,958 SF

      8417 Torresdale Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,958 SF
      8417 Torresdale Ave, Philadelphia, PA 19136-1517
      View Details
    • Value Estimation by Request
      1,256 SF

      7530 Frankford Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,256 SF
      7530 Frankford Ave, Philadelphia, PA 19136-3533
      View Details
    • Value Estimation by Request
      2,035 SF

      7360 Frankford Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,035 SF
      7360 Frankford Ave, Philadelphia, PA 19136-3829
      View Details

    Similar Nearby for Sale

    • $849,900
      8,412 SF

      Mixed-Use Corner Property in Mayfair

      Highly visible commercial mixed-use property in a densely populated area.
      4624 Rhawn St, Philadelphia, PA 19136
      View Details
    • $998,886

      Corner Mixed-Use Property in Mayfair

      Large corner property with commercial space and apartments in Mayfair.
      4624 Rhawn St, Philadelphia, PA 19136
      View Details
    • $575,000
      2,000 SF

      Mixed-Use Property in Northeast Philadelphia

      Corner property with commercial space and residential unit for sale.
      4655 Benson St, Philadelphia, PA 19136
      View Details
    • $794,900

      Frankford Avenue Commercial Corridor Property

      Commercial property with long-term tenant in a high-traffic location.
      8109 Frankford Ave, Philadelphia, PA 19136
      View Details
    • $299,000

      Mixed-Use Property with Apartments

      Commercial property with salon and apartments in prime location.
      7926 Frankford Ave, Philadelphia, PA 19136
      View Details
    • $140,000
      0.09 Acres

      Residential Lot in Philadelphia

      Vacant lot suitable for single-family attached residential development.
      8072 Erdrick St, Philadelphia, PA 19136
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      30-Acre Philadelphia Industrial Land

      Prime Philadelphia industrial land for lease.
      7777-R State Rd, Philadelphia, PA 19136
      View Details
    • Contact for pricing
      82,345 SF

      Retail Space For Lease

      82,345 SF retail space available, near I-95.
      8812 Frankford Ave, Philadelphia, PA 19136
      View Details
    • Contact for pricing

      Industrial Land Near I-95

      30 acres of industrial land with I-95 access.
      7777 State Rd, Philadelphia, PA 19136
      View Details
    • $1,400 /Mo
      1,742 SF

      Office Space For Rent

      Commercial space available in great condition, close to transportation.
      7378 Rowland Ave Unit, Philadelphia, PA 19136
      View Details
    • Contact for pricing
      14,500 SF

      Industrial Space in Tacony Philadelphia

      Industrial space for lease in Philadelphia's Tacony neighborhood.
      7336 State Rd, Philadelphia, PA 19136
      View Details
    • $5,000 /Mo
      3,485 SF

      Mayfair Fitness Investment Opportunity

      Fully operational fitness center with prime commercial real estate.
      7416 Frankford Ave, Philadelphia, PA 19136
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7347 Frankford Ave, Unit 63
    Philadelphia, PA 19136-3930
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!