Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$20,685,000
Flex space
7700 Dungan Rd Philadelphia, PA 19111
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0013095
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
186,757 SF
Lot
11.83 ac (515,315 SF)
Zoning code
I2
APN
88-4-2215-00
UPID
US73-0013095
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
$21.10M
Comparable Approach
Comparable
$19.63M
Blend (final)
Blend
$20.69M
Owner & transaction history
Nexpoint Dungan Dst · 3 yrs held
Nexpoint Dungan Dst
since 2023
Last sale
$21.3M
7 recorded transactions
Zoning & alternative use
I2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$32.0M
+60.1%
Auto repair, garage
$29.5M
+47.3%
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
$20,175,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$22,850,000
6.5%
$21,095,000
7%
$19,585,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$20,005,000
Current use
RETAIL STORES
$32,020,000
Change: +60% · Conversion: Moderate
AUTO REPAIR, GARAGE
$29,455,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$20.69M
Range $18.62M – $22.75M · ±10% · vs last sale $21.26M (Feb 6 2023)
Last sale anchor
$21.26M
Feb 6 2023
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
$111 / 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
$104,569
Tax year 2023
Assessed value
$7,470,300
Assessed 2023
Previous assessed
$7,470,300
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,494,060
Assessed improvement
$5,976,240
Land market value
$1,494,060
Improvement market value
$5,976,240
Total market value
$7,470,300
Applied tax rate
56.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
186,757 SF
Lot
11.83 ac (515,315 SF)
Zoning code
I2
APN
88-4-2215-00
UPID
US73-0013095
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
I2 · Philadelphia, PA
Zoning I2 · permitted uses
I2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$20.0M
RETAIL STORES
Est. value
$32.0M
AUTO REPAIR, GARAGE
Est. value
$29.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
11.83 ac
Current owner
From public records · entity-resolved
Nexpoint Dungan Dst
Individual
Mailing address
400 N ASHLEY DR STE #1100, TAMPA, FL 33602-4324
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2023
$21,260,902
Nexpoint Dungan Dst
Frontida Biopharm LLC
Special Warranty Deed
$27,000,000 · Key Bank NA
Feb 3, 2023
—
Nrea Orthodox Leaseco LLC
Nexpoint Orthodox Dst
Lease
—
Jun 13, 2016
$3,535,000
Frontida Biopharm INC
Dungan Mutual Associates LLC
Grant Deed
—
Oct 18, 2011
$5,660,000
Dungan Mutual Associates LLC
Pidc Financing Corp
Grant Deed
—
—
—
Pidc Financing Corp
—
Deed Of Trust
related
$1,250,000 · Pennsylvania Ind'l Dev Auth
—
—
Dungan Mutual Associates LLC
—
Deed Of Trust
related
$3,000,000 · Pnc Bank
—
—
Frontida Biopharm INC
—
Deed Of Trust
related
$3,000,000 · John Lin
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.
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 7700 Dungan Rd?
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 →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
