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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Office buildings

1223 Providence Rd Media, PA 19063-1235

18,763 SF 0.64 ac lot Built 1990
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-2691980
Property summary
AI-generated overview

This exceptional medical office space, totaling approximately 3800 square feet, is available for lease on the second floor of a well-maintained building in Media, Pennsylvania. The suite boasts six exam rooms, each equipped with plumbing, ensuring functionality and convenience for medical practices. A spacious reception area and comfortable waiting room provide a welcoming environment for patients. Additional features include a dedicated kitchen and a private physician's office, offering ample space for administrative tasks and staff. The building is fully ADA compliant and conveniently served by an elevator, ensuring accessibility for all. Its excellent location offers easy access to downtown Media, Pennsylvania, within a five-minute drive. Further enhancing its appeal, the property benefits from prominent signage opportunities and recent upgrades, including a new HVAC system and energy-efficient LED lighting. This turnkey solution is ideal for established medical practices seeking a modern, well-equipped space in a highly desirable location. The property is situated on a lot with zero acres. Interested parties should inquire for pricing and lease terms.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1990
Total area 18,763 SF
Lot 0.64 ac (28,091 SF)
APN 35-00-01397-00
UPID US73-2691980
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
  • RoseTree Office Campus Building Condominium Complex
  • Brett Zygmunt Godlewski Dental Office
  • Warren F. Renneisen, D.M.D Dental Office
  • Joseph Petrilak Physician Medical Clinic
  • Joseph S. Petrilak, MA Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$1.22M
Owner & transaction history
Rose Tree Office Campus Partnership · 4 yrs held
Rose Tree Office Campus Partnership
since 2021
6 recorded transactions
2021
Price N/A
2019
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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