Sign Up Successful!
You now have access to more from Realmo!
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

    7905 Dungan Rd Philadelphia, PA 19111-2757

    • Apartment buildings
    • 7,740 SF
    • 0.25 lot acres
    OFF-MARKET
    Last Sale
    Sep 25, 2020
    Value Estimations
    $1,085,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0266861
    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

    • Apartment buildings

    Property Details for 7905 Dungan Rd

    Year built
    1962
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.25 lot acres
    Property size
    7,740 SF
    Zone code
    RSA3
    Property type
    Apartment buildings
    APN
    88-1-1714-20
    APU
    881171420

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,595,000
      6.5%
      $1,475,000
      7%
      $1,370,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.0696
    Latitude
    40.0661
    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
    $9,519
    $204,000
    $476,000
    $680,000
    -
    $204,000
    $476,000
    $680,000

    Comparable in this City

    • Value Estimation
      $12,780,000
      104,000 SF

      8110 Verree Rd, Unit 18

      APARTMENT HOUSE (100+ UNITS) • 104,000 SF
      8110 Verree Rd, Philadelphia, PA 19111-2354
      View Details
    • Value Estimation
      $29,990,000
      298,995 SF

      800 Cottman Ave

      APARTMENT HOUSE (100+ UNITS) • 298,995 SF
      800 Cottman Ave, Philadelphia, PA 19111-3056
      View Details
    • Value Estimation
      $5,765,000
      44,064 SF

      7922 Barnes St, Unit 36

      APARTMENT HOUSE (5+ UNITS) • 44,064 SF
      7922 Barnes St, Philadelphia, PA 19111-2205
      View Details
    • Value Estimation
      $2,635,000
      19,357 SF

      528 Knorr St, Unit 34

      APARTMENT HOUSE (5+ UNITS) • 19,357 SF
      528 Knorr St, Philadelphia, PA 19111-4604
      View Details
    • Value Estimation
      $1,025,000
      6,695 SF

      1724 Loney St, Unit 26

      APARTMENT HOUSE (5+ UNITS) • 6,695 SF
      1724 Loney St, Philadelphia, PA 19111-2964
      View Details
    • Value Estimation
      $765,000
      5,688 SF

      515 Gilham St, Unit 17

      APARTMENT HOUSE (5+ UNITS) • 5,688 SF
      515 Gilham St, Philadelphia, PA 19111-5256
      View Details

    Similar Nearby for Sale

    • $410,000
      1,320 SF

      Legal Duplex with Garage/Office Space

      Legal duplex with a two-car garage and office space.
      7352 Dungan Rd, Philadelphia, PA 19111
      View Details
    • $314,999
      1,320 SF

      Philadelphia Duplex with Income Potential

      Well-maintained duplex in Fox Chase, Philadelphia, ideal for investment.
      7333 Tabor Ave, Philadelphia, PA 19111
      View Details
    • $399,999
      2,216 SF

      Mixed-Use Property in Burholme

      Mixed-use property with office space and multiple apartments in Philadelphia.
      7333-35 Rising Sun Ave, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      1,152 SF

      Move-In Ready Townhome

      Conveniently located townhome with finished basement and updated systems.
      1344 Greeby St, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      1,440 SF

      Fox Chase Twin Home

      Charming 3-bedroom home in a desirable Philadelphia neighborhood.
      825 Rhawn St, Philadelphia, PA 19111
      View Details
    • $389,900
      1,520 SF

      Updated Twin Home in Rhawnhurst

      Charming, updated 4-bedroom twin home with modern amenities and convenient location.
      7830 Summerdale Ave, Philadelphia, PA 19111
      View Details

    Similar Nearby for Lease

    • $1,300 /Mo
      18,731 SF

      Philadelphia Commercial Kitchen For Lease

      Commercial kitchen space available in Philadelphia, formerly a church school.
      1013 Cottman Unit 1, Philadelphia, PA 19111
      View Details
    • $1,900 /Mo
      7,405 SF

      Philadelphia Office Space For Lease

      2400 SF Philadelphia office space suitable for various uses.
      1314 Cottman Ave, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      8,892 SF

      Retail Space in Philadelphia Available

      Retail property with high traffic and pylon signage available.
      919 Levick St, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      7,970 SF

      Retail Space in Philadelphia Hub

      Commercial space in a high-traffic Philadelphia retail hub.
      2327-2339 Cottman Ave, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      5,280 SF

      Retail Center in Northeast Philadelphia

      Retail center with dense demographics and abundant parking.
      2100 Bleigh Ave, Philadelphia, PA 19111
      View Details
    • Contact for pricing
      92,733 SF

      Lawndale Plaza Retail Center

      Philadelphia Retail Space Available: 700 SF
      6301 Oxford Ave, Philadelphia, PA 19111
      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.
    7905 Dungan Rd
    Philadelphia, PA 19111-2757
    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.