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Property profile & analytics
OFF-MARKET Estimated value $6,610,000
Assisted living facilities

8700 Rdg Ave Philadelphia, PA 19128

568,410 SF 33.08 ac lot Built 1960
Individually Owned 15-yr Hold ~ Est. High Equity
Property ID
US73-1143678
Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 568,410 SF
Lot 33.08 ac (1,440,878 SF)
Zoning code RMX1
APN 88-1-4471-00
UPID US73-1143678
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.61M
Owner & transaction history
Cathedral Village · 15 yrs held
Cathedral Village
since 2011
2 recorded transactions
2011
Price N/A
1969
Price N/A
Zoning & alternative use
RMX1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The RMX, Residential Mixed-Use districts are intended to accommodate residential and mixed- use development. The RMX-1 district is further intended to promote conservation of existing topography, trees, natural waterways, and other natural resources, as well as preservation of historically significant buildings, structures, and property. Notes 288 Amended, B…

Zone name Residential Mixed Use
General category MIXED_USE
Zone area 184.27 ac
Source TITLE 14. ZONING AND PLANNING
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