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    12123 Knights Rd Philadelphia, PA 19154

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    For Sale
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    High-profile retail land, hotel approved.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.89-acre shopping center, located at 12123 Knights Road in Philadelphia, Pennsylvania (zip code 19154), presents a unique investment opportunity. The property boasts a strategic location at the high-profile intersection of Knights Road and Woodhaven Road, offering excellent visibility and accessibility. The five-story building is zoned CA-2 (Auto-oriented Commercial), allowing for a diverse range of commercial uses. A significant advantage is its proximity to the Philadelphia Mills Mall, a major retail destination encompassing 1.65 million square feet of retail space, ensuring high foot traffic and consumer density. The property's zoning also permits hotel development, providing an attractive option for future expansion or redevelopment. Its convenient location near I-95 provides easy access to major transportation arteries, further enhancing its appeal to both businesses and consumers. This property is currently for sale and represents a compelling investment in a thriving commercial area. The site's size and zoning flexibility offer significant potential for long-term growth and profitability. Serious inquiries are encouraged.

    Property Features for 12123 Knights Rd

    General Information

    Property type
    Lifestyle centers
    Lot Size
    125,888 SF

    Building Details

    Stories
    5

    HighLights

    • 2.89‑acre commercial land for sale at the high‑profile intersection of Knights Road and Woodhaven Road in Philadelphia, PA.
    • Adjacent to the 1.65 million square foot Philadelphia Mills Mall.
    • CA‑2 (Auto‑oriented Commercial) zoning allows for hotel development.
    • Conveniently located near I‑95.
    • Zoned CA‑2 (Auto‑oriented Commercial).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -74.969965
    Latitude
    40.086977

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    FAQs

    What type of property is this?
    Lifestyle center - High-profile retail land, hotel approved.
    Where is this lifestyle center located?
    The property is located at 12123 Knights Rd Philadelphia, PA.
    What are key features of this property?
    This property features: 2.89-acre commercial land for sale at the high-profile intersection of Knights Road and Woodhaven Road in Philadelphia, PA.; Adjacent to the 1.65 million square foot Philadelphia Mills Mall.; CA-2 (Auto-oriented Commercial) zoning allows for hotel development.
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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
    12123 Knights Rd Philadelphia, PA 19154
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