Medical Office Building with
For Sale
$1,399,000
9821 ACADEMY Road, Philadelphia, PA 19114
Commercial Sale, PHILADELPHIA, PA
Property Size4,575 SF
Lot Size0.40 Acres
Price / SF$305.79
Days on Market174
Property Features for 9821 ACADEMY Road
General Information
Property type
Other
Property subtype
Office
Parking
12
Parking features
Parking Lot, Special Needs
Subdivision
ACADEMY GARDENS
High school
GEORGE WASHINGTON
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Lot size
0.40 Acres
Taxes and HOA fees
Tax Annual Amount
6929
Utilities
Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1988
Building materials
Masonry
Listing Agency:
Realty Mark Cityscape
(215) 583-7777
Listed By:
George J Cahill · License #RM044684
(215) 783-8731
Added: Apr 28
Changed: Oct 16
Last Checked: Oct 18 at 3:06PM
MLS# PAPH2607512
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 4,575 SF medical office building includes a reception area, waiting room, multiple exam rooms, private offices, and additional clinical and administrative space in the finished lower level. Constructed in 1988 and expanded in 2012, the masonry building has an updated roof, ADA-accessible ramps, forced-air heating, central air, and ceiling fans. The property is currently leased to a medical user.
The 0.3985-acre parcel provides 12 parking spaces and multiple entry points. Positioned along Academy Road across from Northeast Philadelphia Airport, the property benefits from reported traffic of 29,000 vehicles per day and access to I-95, US-1, and PA-63. Its location is surrounded by residential density and retail amenities.
The 0.3985-acre parcel provides 12 parking spaces and multiple entry points. Positioned along Academy Road across from Northeast Philadelphia Airport, the property benefits from reported traffic of 29,000 vehicles per day and access to I-95, US-1, and PA-63. Its location is surrounded by residential density and retail amenities.
Key Highlights
- 4,575 SF medical office building on a 0.3985‑acre parcel
- Fully built‑out layout with reception, waiting, exam rooms, private offices, and finished lower level
- 12 on‑site parking spaces with multiple entry points
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.
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Property Analytics
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Open Analytics
Current Use
Lease Details
29,000 VPD
Traffic count
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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Market
Vacancy Rate% for Office in Philadelphia, PA
Similar Off Market Nearby
- Caring Hands Veterinary Clinic — 3310 Grant Ave, Philadelphia, PA 19114
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built-out clinical and administrative space with multiple entrances, ADA access, and on-site parking for professional users.
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 SF medical office building on a 0.3985‑acre parcel; Fully built‑out layout with reception, waiting, exam rooms, private offices, and finished lower level; 12 on‑site parking spaces with multiple entry points
