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Property profile & analytics
OFF-MARKET
Estimated value
$5,905,000
Grocery and convenience stores
905 Ss St 49 Philadelphia, PA 19147-1928
Entity Owned
28-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-1713857
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
39,588 SF
Lot
0.82 ac (35,748 SF)
Zoning code
CMX2
APN
88-2-3101-10
UPID
US73-1713857
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
Current use
Occupant on record · Public records
-
South Street Police Mini Station Social Service Agency Crisis Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.89M
Comparable Approach
Comparable
$5.86M
Blend (final)
Blend
$5.91M
Owner & transaction history
929 SOUTH STREET ASSOCIAT
929 SOUTH STREET ASSOCIAT
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.8M
+43.9%
Medical building
$9.7M
+43.2%
Neighborhood: shopping center
$7.3M
+8.2%
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%
$7,455,000
6.5%
$6,885,000
7%
$6,390,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,790,000
Current use
COMMERCIAL (GENERAL)
$9,770,000
Change: +44% · Conversion: Easy
MEDICAL BUILDING
$9,720,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,345,000
Change: +8% · Conversion: Moderate
WAREHOUSE, STORAGE
$6,300,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$5.91M
Range $5.31M – $6.50M · ±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
$149 / 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
$108,060
Tax year 2023
Assessed value
$7,719,700
Assessed 2023
Previous assessed
$7,719,700
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,543,932
Assessed improvement
$6,175,768
Land market value
$1,543,932
Improvement market value
$6,175,768
Total market value
$7,719,700
Applied tax rate
5.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
39,588 SF
Lot
0.82 ac (35,748 SF)
Zoning code
CMX2
APN
88-2-3101-10
UPID
US73-1713857
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CMX2 · Philadelphia, PA
Zoning CMX2 · permitted uses
CMX2 · 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
RETAIL STORES Current
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$9.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.3M
WAREHOUSE, STORAGE
Est. value
$6.3M
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
929 SOUTH STREET ASSOCIAT
Individual
Free & Clear · 0 yrs held
Mailing address
114 FORREST AVE STE #100, NARBERTH, PA 19072-2218
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
No recorded transactions
No recorded transactions found for this property.
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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