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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Car washes
918 Hunting Park Ave Philadelphia, PA 19124-4807
Individually Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-0270675
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,144 SF
Lot
0.39 ac (17,066 SF)
Zoning code
ICMX
APN
88-2-0507-20
UPID
US73-0270675
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
-
Complete Autowash Philly Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$700k
Owner & transaction history
David H Lee · 17 yrs held
David H Lee
since 2009
7 recorded transactions
Zoning & alternative use
ICMX · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+124.2%
Medical building
$1.0M
+116.4%
Neighborhood: shopping center
$770,000
+63.5%
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
AUTO REPAIR, GARAGE
$470,000
Current use
OFFICE BUILDING
$1,055,000
Change: +124% · Conversion: Difficult
MEDICAL BUILDING
$1,020,000
Change: +116% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$770,000
Change: +64% · Conversion: Difficult
RETAIL STORES
$510,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$169 / 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
$8,529
Tax year 2023
Assessed value
$609,300
Assessed 2023
Previous assessed
$609,300
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$426,513
Assessed improvement
$182,787
Land market value
$426,513
Improvement market value
$182,787
Total market value
$609,300
Applied tax rate
33.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
4,144 SF
Lot
0.39 ac (17,066 SF)
Zoning code
ICMX
APN
88-2-0507-20
UPID
US73-0270675
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
ICMX · Philadelphia, PA
Zoning ICMX · permitted uses
ICMX · 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
AUTO REPAIR, GARAGE Current
Est. value
$470,000
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$770,000
RETAIL STORES
Est. value
$510,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
David H Lee
Individual
Mailing address
1114 SOCIETY HL BLVD, CHERRY HILL, NJ 08003-2421
Ownership since
2009
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
Nov 6, 2017
—
David H Lee
—
Deed
related
$200,000 · Td Bank NA
Apr 9, 2009
$425,000
David H Lee
Kim,heung B & Deung C
Grant Deed
related
—
Jun 23, 2008
$5,943
Heung B Kim
Kim,heung B & Deung C
Grant Deed
related
—
Apr 25, 2008
—
Heung B Kim
—
Deed Of Trust
related
$2,625,000 · Parke Bank
Apr 4, 2008
$425,000
Heung B Kim
Complete Auto Svc Center INC
Grant Deed
$600,000 · Complete Auto Svc Center INC
—
—
David H Lee
—
Deed Of Trust
related
$600,000 · Noah Bank
—
—
David B H Lee
—
Deed Of Trust
related
$850,000 · Morebank
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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