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    Turnkey Medical Office Suite Title is generated by Realmo AI

    6713-15 OGONTZ Avenue, Philadelphia, PA 19126

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    For Lease
    $7,000/Mo $22 SF/Yr (calc)

    CommercialLease - PHILADELPHIA, PA

    Type:Office
    Property size:
    3,800 SF
    Lot size:
    0.09 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 2:06 pm

    Property Features for 6713-15 OGONTZ Avenue

    General Information

    Property type
    Other
    Property subtype
    Office
    Standard status
    Active
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1925
    Building materials
    Masonry

    We can help!

    Listing Contact
    Sabina Palermo

    Listing agent Sabina Palermo License #RS345386

    Listing office Philly LMG, LLC 2401 Walnut Street unit: 201, PHILADELPHIA, PA

    Listing date Jun 1, 2026

    MLS# PAPH2628330

    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.

    HighLights

    • Approximately 3,800 SF renovated office space with a bright reception area and comfortable waiting room.
    • Flexible layout with seven private offices, two conference rooms, and a dedicated treatment/therapy room.
    • Includes five powder rooms, a staff kitchen, and generous storage plus a large, clean basement for added operational space.
    • Modern interior features include glass partitions and abundant natural light throughout the office areas.
    • Existing office furniture may remain for the incoming tenant.
    • Commercial building built in 1925 with masonry construction, forced‑air heating, and central air.

    Overview

    This beautifully renovated, move-in-ready commercial space is designed for professional and medical client experiences. The layout opens to a bright reception and comfortable waiting room, followed by a flexible interior with seven private offices, two spacious conference rooms, and a dedicated treatment or therapy room. Glass partitions and abundant natural light support a modern, polished feel throughout the day-to-day work areas.

    The suite is positioned along the Ogontz Avenue business corridor in Philadelphia, benefiting from strong visibility and consistent foot and vehicle traffic. Convenient access to public transportation helps serve both employees and visitors, with major routes nearby including Broad Street, Cheltenham Avenue, and Route 309.

    With five powder rooms, a staff kitchen, generous storage, and a large, clean basement for additional operations, records, or inventory, the space is well suited for medical practices, professional services, counseling centers, educational or wellness providers, and other administrative users. Existing office furniture may remain for the incoming tenant, supporting a streamlined start for organizations seeking a turnkey, client-ready environment with room to expand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1490479
    Latitude
    40.0566368

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    FAQs

    What type of property is this?
    Office units - Move-in-ready office with reception, waiting area, treatment/therapy room, and multiple private offices for client-facing operations.
    Where is this office units located?
    The property is located at 6713-15 OGONTZ Avenue Philadelphia, PA.
    What is the lease rate?
    The lease rate is $7,000 /Mo.
    What are key features of this property?
    This property features: Approximately 3,800 SF renovated office space with a bright reception area and comfortable waiting room.; Flexible layout with seven private offices, two conference rooms, and a dedicated treatment/therapy room.; Includes five powder rooms, a staff kitchen, and generous storage plus a large, clean basement for added operational space.
    (215) 821-5527
    We can help!
    Listing Contact
    Sabina Palermo
    Real Estate License ID: RS345386
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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