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    7043 Ridge Ave Philadelphia, PA 19128

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    For Sale
    Contact for pricing

    0.4 acre development site near shopping center.

    Property size:
    17,390 SF
    Lot size:
    0.40 Acres

    Property Features for 7043 Ridge Ave

    General Information

    Size
    17,390 SF
    Lot size
    0.40 Acres

    Source: MSC Retail - Philadelphia Agent Jonathan Makar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Site Near Ridge Avenue

    This 0.4 acre (17,390 SF) development site is located steps from Ridge Avenue and Domino Lane, across from the Ivyridge Shopping Center, which includes tenants such as Target, Rally House, Wine & Spirits, and Wingstop. The surrounding area has a dense population of 120,000 with an average household income of $151,000 within a 3-mile radius. The zoning is RM-1 and RSA-1, allowing for thirty-seven units by right. The property has been home to a neighborhood pet store for over three decades. The seller is looking to relocate and is open to a sale leaseback.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    World Wide Aquarium ... Pet Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    OffShoots!, Petals Lane, Inc

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.228879
    Latitude
    40.04468

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    FAQs

    What type of property is this?
    Storefront property - 0.4 acre development site near shopping center.
    Where is this storefront property located?
    The property is located at 7043 Ridge Ave Philadelphia, PA.
    What are key features of this property?
    This property features: - High-density development potential: **Allows for 37 units by right.**; - Prime location: **Steps from Ridge Avenue & Domino Lane and across from Ivyridge Shopping Center with major retailers.**; - Strong demographics: Surrounded by a dense population of 120,000 with a high average household income of $151,000 within a 3-mile radius.
    (215) 568-2600
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    7043 Ridge Ave Philadelphia, PA 19128
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7043 Ridge Ave Philadelphia, PA 19128
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