Medical Office
New
For Sale
$1,399,000
Pending
9821 Academy Road, Philadelphia, PA 19114
Clinical and administrative areas include exam rooms, reception, a waiting room, and private offices.
Property Size4,575 SF
Lot Size0.40 Acres
Days on Market2
Property Features for 9821 Academy Road
General Information
Standard status
Pending
Size
4,575 SF
Total Parking Spaces
12
Lot size
0.40 Acres
Zoning
COMMERCIAL
Site & Location
Neighborhood
Northeast Philadelphia
Highway Access
Yes
Road Access
Yes
Additional Details
Gross Income
$97,000
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$6,929
Amenities
Carpet
Natural Gas
Yes
2
4
Public
DE0
80.00 x 170.00
0.40
No
Assessor
Parking Lot
Handicap Parking,Lighted Parking,Paved Parking
12
Slab
4575.00
99000.00
Building Details
Building Size
4,575 SF
Year Built
1988
Buildings
1
Stories
2
Tenancy
Single
Owner Occupied
No
Abandoned
No
Listing Agency:
Realty Mark Cityscape
(215) 583-7777
Listed By:
George J Cahill · License #RM044684
(215) 783-8731
Source:
Mullenrealty
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 5 at 7:56PM
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 Realty Mark Cityscape
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Investment Insights
Based on property information with market context.
This 4,575-square-foot medical office building sits on a 0.40-acre parcel and has a layout with reception, a waiting room, multiple exam rooms, private offices, and additional clinical and administrative space on the finished lower level. Built in 1988 and expanded in 2012, the property includes an updated roof, ADA-accessible ramps, and 12 on-site parking spaces. It is currently leased to a medical user.
The property fronts the Academy Road corridor, across from Northeast Philadelphia Airport. Reported traffic on the corridor is 29,000 vehicles per day. Access to I-95, US-1, and PA-63 is noted, and the zoning is COMMERCIAL.
The property fronts the Academy Road corridor, across from Northeast Philadelphia Airport. Reported traffic on the corridor is 29,000 vehicles per day. Access to I-95, US-1, and PA-63 is noted, and the zoning is COMMERCIAL.
Key Highlights
- 4,575‑square‑foot medical office building on a 0.40‑acre parcel
- Medical layout includes reception, waiting room, multiple exam rooms, private offices, and finished lower‑level space
- Built in 1988 and expanded in 2012
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,205
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,204,100
$1.2M
Cap Rate 7%
$860,071
$860.1K
Cap Rate 9%
$668,944
$668.9K
Market Conditions
NOI Build-Up for 4,575 SF
Gross rent
$100.5K $21.96/SF
− Vacancy
−$20.2K −$4.41/SF
EGI
$80.3K $17.55/SF
− OpEx
−$20.1K −$4.39/SF
NOI
$60.2K $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%
$1,204,100
Cap Rate 7%
$860,071
Cap Rate 9%
$668,944
Alternative Uses
Best Use
Office B
$860.1K
$752.6K – $1.00M
NOI $60,205 @ 7.0% cap · market cap 4.30%
Second Best
Healthcare Medical
$847.0K
$741.2K – $988.2K
NOI $59,292 @ 7.0% cap · market cap 4.24%
Theoretical Best
Multifamily LT 5
$1.12M
$975.9K – $1.30M
NOI $78,072 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19114, PA
32,645
Population
14,703
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
91%
High-School Grad
5.6 sq mi
ZIP Area
5,829
Density / Sq Mi
$76,076
Median Household Income
$48,257
Median Earnings
$1,369
Median Rent
$276,400
Median Home Value
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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 - Clinical and administrative areas include exam rooms, reception, a waiting room, and private offices.
Where is this medical office space located?
The property is located at 9821 Academy Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 4,575‑square‑foot medical office building on a 0.40‑acre parcel; Medical layout includes reception, waiting room, multiple exam rooms, private offices, and finished lower‑level space; Built in 1988 and expanded in 2012
