Medical Office
New
For Sale
$599,900
7926 Bustleton Ave, Philadelphia, PA 19152
The property offers approximately two thousand one hundred square feet of medical office space.
Property Size2,100 SF
Price / SF$285.67
Days on Market3
Property Features for 7926 Bustleton Ave
General Information
Standard status
Active
Size
2,100 SF
Building Details
Year Built
1969
Listing Agency:
Legacy Landmark Realty LLC
Listed By:
Lin J Jiang · License #RS330461
(215) 728-1101
Source:
Lgagne
Added: Oct 4
Last Checked: Oct 5 at 9:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Landmark Realty LLC
Investment Insights
Based on property information with market context.
This medical office property contains 2,100 square feet and was built in 1969. The address is 7926 Bustleton Ave in Philadelphia, Pennsylvania.
Key Highlights
- 2,100 square feet of medical office space
- Built in 1969
- 7926 Bustleton Ave, Philadelphia, PA 19152
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,635
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$552,700
$552.7K
Cap Rate 7%
$394,786
$394.8K
Cap Rate 9%
$307,056
$307.1K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$46.1K $21.96/SF
− Vacancy
−$9.3K −$4.41/SF
EGI
$36.8K $17.55/SF
− OpEx
−$9.2K −$4.39/SF
NOI
$27.6K $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%
$552,700
Cap Rate 7%
$394,786
Cap Rate 9%
$307,056
Alternative Uses
Best Use
Office B
$394.8K
$345.4K – $460.6K
NOI $27,635 @ 7.0% cap · market cap 4.61%
Second Best
Healthcare Medical
$388.8K
$340.2K – $453.6K
NOI $27,216 @ 7.0% cap · market cap 4.54%
Theoretical Best
Multifamily LT 5
$511.9K
$448.0K – $597.3K
NOI $35,836 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19152, PA
35,911
Population
13,715
Households
2.6
Avg Household Size
41
Median Age
28%
College-Educated
88%
High-School Grad
2.9 sq mi
ZIP Area
12,383
Density / Sq Mi
$57,966
Median Household Income
$40,428
Median Earnings
$1,236
Median Rent
$270,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The property offers approximately two thousand one hundred square feet of medical office space.
Where is this medical office space located?
The property is located at 7926 Bustleton Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 2,100 square feet of medical office space; Built in 1969; 7926 Bustleton Ave, Philadelphia, PA 19152
