701 AdamsPhiladelphia, PA 19124

  • Turn key restaurants
  • 7,360 SF
Off market
$1,525,100 Estimated

Property Details for 701 Adams

Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.40 AC
Property size (Sq ft)
7,360 SF
Zone code
CMX2
Property type
Turn key restaurants
APN
88-2-0641-55
APU
882064155

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,729,720
    6.5%
    $1,596,660
    7%
    $1,482,620
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,000,120
    Geo Method
    $1,000,120
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,097,740
    Mixed-Use / Specialty
    $1,597,400
    Hospitality / Lodging
    $1,180,330
    Office
    $1,594,610
    Institutional / Educational
    $1,662,950
    Residential Income
    $1,945,650
    Multifamily
    $2,297,870
    Automotive / Energy
    $1,425,390
    Parking / Income-Based Land
    $485,532
    Restaurant / Food Service
    $844,543
    Healthcare / Senior Housing
    $1,631,510

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0331
Longitude
-75.1064
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,348
$305,024
$1,220,076
$1,525,100
-
$305,024
$1,220,076
$1,525,100

Property Visit Statistics

  • Visits by month
    14.2k
  • Visitors by month
    10.5k
  • Avg Time on site
    12 min

FAQs

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