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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Sports & entertainment properties
9022 Roosevelt Blvd 40 Philadelphia, PA 19115-4909
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1019730
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,260 SF
Lot
2.09 ac (91,171 SF)
Zoning code
CMX1
APN
88-2-0657-50
UPID
US73-1019730
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
$1.58M
Blend (final)
Blend
$1.41M
Owner & transaction history
Petrogiannis R & E Ptshp LP
Petrogiannis R & E Ptshp LP
7 recorded transactions
Zoning & alternative use
CMX1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+109.0%
Retail stores
$2.1M
+93.1%
Auto repair, garage
$1.9M
+77.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RECREATIONAL/ENTERTAINMENT (GENERAL)
$1,090,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,275,000
Change: +109% · Conversion: Difficult
RETAIL STORES
$2,100,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,935,000
Change: +78% · Conversion: Difficult
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±10%
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
$115 / 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
$37,098
Tax year 2023
Assessed value
$2,650,200
Assessed 2023
Previous assessed
$2,650,200
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,855,134
Assessed improvement
$795,066
Land market value
$1,855,134
Improvement market value
$795,066
Total market value
$2,650,200
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
12,260 SF
Lot
2.09 ac (91,171 SF)
Zoning code
CMX1
APN
88-2-0657-50
UPID
US73-1019730
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX1 · Philadelphia, PA
Zoning CMX1 · permitted uses
CMX1 · 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
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
RETAIL STORES
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$1.9M
RECREATIONAL/ENTERTAINMENT (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
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
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
2.09 ac
Current owner
From public records · entity-resolved
Petrogiannis R & E Ptshp LP
Entity
Mailing address
9010 ROOSEVELT BLVD, PHILADELPHIA, PA 19115-4909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
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
—
—
Petrogiannis R & E Ptshp LP
—
Loan Modification
related
$426,371 · Univest Bk & Tr Co
—
—
Petrogiannis R & E Ptshp LP
—
Loan Modification
related
$394,483 · Univest Bk & Tr Co
—
—
Petrogiannis R/e Ptshp
—
Deed Of Trust
related
$800,000 · Univest National Bank & Tr Co
—
—
Petrogiannis R LP
—
Loan Modification
related
$363,135 · Univest Bk & Tr Co
—
—
Petrogiannis R/e Ptshp
—
Deed Of Trust
related
$500,000 · Univest National Bank & Tr Co
—
—
Petrogiannis R/e Ptshp
—
Deed Of Trust
related
$800,000 · Univest National Bank & Tr Co
—
—
Petrogiannis R/e Ptshp
—
Deed Of Trust
related
$200,000 · Univest National Bank & Tr Co
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.
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