Updated Medical Office
For Sale
$360,000
3150 WILLITS Road, Philadelphia, PA 19136
Commercial Sale, PHILADELPHIA, PA
Property Size1,258 SF
Lot Size0.07 Acres
Price / SF$286.17
Days on Market317
Property Features for 3150 WILLITS Road
General Information
Property type
Other
Property subtype
Office
Parking
2
Parking features
Offsite, Parking Lot, On Street
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.07 Acres
Additional Details
Corner Location
Yes
Property Use
Medical Office
Medical Specialty
dental
Taxes and HOA fees
Tax Annual Amount
2778
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1949
Building materials
Masonry
Buildings
1
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Michael Bottaro · License #AB067983
(267) 307-2444
Added: Dec 12, 2025
Changed: Oct 24
Last Checked: Oct 25 at 9:06PM
MLS# PAPH2566694
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This masonry medical office property offers 1,258 square feet of above-grade finished space, with a reception desk area, several private exam rooms, and two bathrooms. Recent updates include fresh paint, new drywall, and new carpeting throughout. An unfinished basement extends beneath the full building, providing additional non-finished area.
The property occupies a 0.0667-acre lot at the corner of Holme Ave and Willits Rd in Philadelphia. It is part of a shopping center with other tenants and is positioned near Holme Circle. Access to I-95 and Route 1 is available within minutes. Building systems include forced-air heating and central air conditioning, while parking options include a lot, offsite parking, and on-street spaces.
The property occupies a 0.0667-acre lot at the corner of Holme Ave and Willits Rd in Philadelphia. It is part of a shopping center with other tenants and is positioned near Holme Circle. Access to I-95 and Route 1 is available within minutes. Building systems include forced-air heating and central air conditioning, while parking options include a lot, offsite parking, and on-street spaces.
Key Highlights
- 1,258 SF of above‑grade finished space
- Reception area plus several private exam rooms
- Two bathrooms and an unfinished basement beneath the full building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,555
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,100
$331.1K
Cap Rate 7%
$236,500
$236.5K
Cap Rate 9%
$183,944
$183.9K
Market Conditions
NOI Build-Up for 1,258 SF
Gross rent
$27.6K $21.96/SF
− Vacancy
−$5.6K −$4.41/SF
EGI
$22.1K $17.55/SF
− OpEx
−$5.5K −$4.39/SF
NOI
$16.6K $13.16/SF
Area
Philadelphia, PA
Vacancy
20.10%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,100
Cap Rate 7%
$236,500
Cap Rate 9%
$183,944
Alternative Uses
Best Use
Office B
$236.5K
$206.9K – $275.9K
NOI $16,555 @ 7.0% cap · market cap 4.60%
Second Best
Healthcare Medical
$232.9K
$203.8K – $271.7K
NOI $16,304 @ 7.0% cap · market cap 4.53%
Theoretical Best
Multifamily LT 5
$306.7K
$268.4K – $357.8K
NOI $21,468 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19136, PA
39,151
Population
13,841
Households
2.8
Avg Household Size
36
Median Age
24%
College-Educated
87%
High-School Grad
4.8 sq mi
ZIP Area
8,156
Density / Sq Mi
$65,499
Median Household Income
$40,495
Median Earnings
$1,200
Median Rent
$215,000
Median Home Value
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Market
Vacancy Rate% for Office in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured with private exam rooms, reception space, two bathrooms, and access to a shared shopping-center parking area.
Where is this medical office space located?
The property is located at 3150 WILLITS Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 1,258 SF of above‑grade finished space; Reception area plus several private exam rooms; Two bathrooms and an unfinished basement beneath the full building
