Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1241 Taney St Philadelphia, PA 19121

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1241 Taney St Philadelphia, PA 19121

    View on Map
    • Retail properties & Spaces
    • 18,200 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bio-Medical Applications / Medical Clinic
    • El Centro De Estudiantes / High School
    • Dr. Robert P. Chvala, MD / Physician

    Property Details for 1241 Taney St

    Property size
    18,200 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional retail property, located at 1241 N Taney St in Philadelphia County, offers a total of 18,200 square feet of vacant space, perfect for a variety of commercial uses. Currently, the entire building is available for lease, presenting a unique opportunity for a single tenant seeking a large footprint or multiple tenants looking for spaces ranging from 2,200 to 13,500 contiguous square feet. The flexible layout allows for customization to suit individual business needs. The property is classified as a multi-tenant retail building, indicating a strong potential for diverse and synergistic businesses to co-exist. With its ample square footage and strategic location in Philadelphia County, this property offers significant visibility and accessibility to a large customer base. The building's 18,200 square feet provides substantial space for retail operations, warehousing, or a combination of both. The minimum divisible space of 2,200 square feet caters to smaller businesses, while the maximum contiguous space of 13,500 square feet accommodates larger enterprises. This prime location presents an excellent investment opportunity for businesses seeking to establish or expand their presence in a thriving Philadelphia market. Interested parties are encouraged to inquire for lease terms and conditions. The property is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1789
    Latitude
    39.975

    Comparable in this City

    • Value Estimation by Request

      1239 Taney St

      Medical Office Space
      1239 Taney St, Philadelphia, PA 19121
      View Details
    • Value Estimation by Request

      1944 Cecil B. Moore Ave

      Individual retail properties
      1944 Cecil B. Moore Ave, Philadelphia, PA 19121
      View Details
    • Value Estimation by Request
      2,100 SF

      1521 Bailey St

      Distribution properties • 2,100 SF
      1521 Bailey St, Philadelphia, PA 19121
      View Details
    • Value Estimation by Request
      0.23 Acres

      1631 Thompson St, Unit 41

      PARKING LOT • 0.23 Acres
      1631 Thompson St, Philadelphia, PA 19121-5020
      View Details
    • Value Estimation by Request
      0.26 Acres

      1516 16th St

      PARKING LOT • 0.26 Acres
      1516 16th St, Philadelphia, PA 19121-4205
      View Details
    • Value Estimation by Request
      0.02 Acres

      1521 22nd St

      PARKING LOT • 0.02 Acres
      1521 22nd St, Philadelphia, PA 19121-3942
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Multifamily Building with Commercial Kitchen

      Four-story building with 44 units and commercial kitchen.
      1917 W Oxford St, Philadelphia, PA 19121
      View Details
    • New
      $3,675,000
      0.24 Acres

      Philadelphia Commercial Investment Opportunity

      Prime commercial property near Temple University with development potential.
      1216-18 N Broad St, Philadelphia, PA 19121
      View Details
    • $399,000
      2,466 SF

      Mixed-Use Triplex Near Temple University

      Triplex with commercial space and two residential units near Temple.
      1808 W Susquehanna Ave, Philadelphia, PA 19121
      View Details
    • New
      $950,000
      3,505 SF

      North Philadelphia Mixed-Use Triplex

      New construction triplex with commercial space and tax abatement.
      2118 W Oxford St, Philadelphia, PA 19121
      View Details
    • $1,195,900
      4,896 SF

      Upgraded Mixed-Use Property, Philadelphia

      Meticulously upgraded mixed-use property with positive cash flow.
      2845 W Diamond St, Philadelphia, PA 19121
      View Details
    • $200,000
      0.02 Acres

      Mixed-Use Property Near Temple

      Mixed-use property with business and living space near Temple University.
      1538 W Seybert St, Philadelphia, PA 19121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,403 SF

      Broad Street Retail Opportunity

      Prime Philadelphia retail space available.
      1700 Broad St, Philadelphia, PA 19121
      View Details
    • Contact for pricing
      21,396 SF

      Former Walgreens Freestanding Retail Space

      Freestanding retail space in a densely populated area.
      2014 S Broad St, Philadelphia, PA 19121
      View Details
    • $2,400 /Mo
      1,747 SF

      Prime Retail Space Near Temple

      2,000 SF storefront in the heart of Temple University.
      1535 Cecil B Moore Ave, Philadelphia, PA 19121
      View Details
    • $16,250 /Mo

      Philadelphia Retail Space For Rent

      Retail space available for rent in Philadelphia, Pennsylvania.
      1234 N 26Th St, Philadelphia, PA 19121
      View Details
    • $25 SF/Yr
      3,397 SF

      Street Level Retail/Office Space

      Retail/office space with residential units above and industrial architecture.
      3101 W Glenwood Ave, Philadelphia, PA 19121
      View Details
    • $2,000 /Mo
      1,599 SF

      Prime Commercial Space Near Temple

      Corner commercial space with high visibility and steady foot traffic.
      1944 Cecil B Moore Ave, Philadelphia, PA 19121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1241 Taney St
    Philadelphia, PA 19121
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1241 Taney St, Philadelphia, PA, 19121

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!