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Property profile & analytics
OFF-MARKET
Estimated value
$3,925,000
Golf courses & driving ranges
9800 Frankford Ave Philadelphia, PA 19114
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-0942717
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1913
Total area
34,320 SF
Lot
174.17 ac (7,586,889 SF)
Zoning code
RSA1
APN
88-2-8888-02
UPID
US73-0942717
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
$4.42M
Blend (final)
Blend
$3.93M
Owner & transaction history
City Of Philadelphia · 2 yrs held
City Of Philadelphia
since 2024
7 recorded transactions
Zoning & alternative use
RSA1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.4M
+109.0%
Retail stores
$5.9M
+93.1%
Auto repair, garage
$5.4M
+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)
$3,045,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,365,000
Change: +109% · Conversion: Difficult
RETAIL STORES
$5,885,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,415,000
Change: +78% · Conversion: Difficult
Blend value · Realmo final
$3.93M
Range $3.53M – $4.32M · ±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
$114 / 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
$112,389
Tax year 2023
Assessed value
$8,028,900
Assessed 2023
Previous assessed
$8,028,900
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$5,620,245
Assessed improvement
$2,408,655
Land market value
$5,620,245
Improvement market value
$2,408,655
Total market value
$8,028,900
Applied tax rate
66.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1913
Heating
NONE
Stories
2
Total area
34,320 SF
Lot
174.17 ac (7,586,889 SF)
Zoning code
RSA1
APN
88-2-8888-02
UPID
US73-0942717
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RSA1 · Philadelphia, PA
Zoning RSA1 · permitted uses
RSA1 · 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
$3.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
RETAIL STORES
Est. value
$5.9M
AUTO REPAIR, GARAGE
Est. value
$5.4M
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
1913
Heating
NONE
Stories
2
Lot
174.17 ac
Current owner
From public records · entity-resolved
City Of Philadelphia
Entity
Mailing address
9800 FRANKFORD AVE, PHILADELPHIA, PA 19114
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jul 16, 2024
—
City Of Philadelphia
Union League Golf Club At Torresdal
Deed
—
Sep 24, 2014
—
Union League Golf Club Of Torresd
—
Grant Deed
related
$8,000,000 · M&t Bk
Jul 8, 2014
$2,481,004
Union League Golf Club Of Torresd
Torresdale-frankford Cntry Clu
Grant Deed
related
—
Oct 16, 2009
—
Torresdale-frankford Cntry Clu
—
Grant Deed
related
$2,000,000 · Vist Bk
—
—
Torresdale-frankford Cntry Clu
—
Deed Of Trust
related
$100,000 · Vist Bk
—
—
Torresdale-frankford Cntry Clu
—
Deed Of Trust
related
$500,000 · Continental Bk/nj
—
—
Torresdale-frankford Cntry Clu
—
Deed Of Trust
related
$1,200,000 · Fox Chase Bk
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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