2055 Orthodox St Philadelphia, PA 19124
- Warehouses
- 12,930 SF
- 0.21 lot acres
Current Use by Public Records
- Warehouses
Property Details for 2055 Orthodox St
- Year built
- 1935
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 12,930 SF
- Zone code
- CMX2
- Property type
- Warehouses
- APN
- 88-4-3444-63
- APU
- 884344463
Description
This exceptional 12,930-square-foot office space, located at 2055 Orthodox Street in Philadelphia, Pennsylvania, presents a unique opportunity for a single tenant. The property, categorized as both retail and office, boasts a traditional office layout ideal for a variety of businesses. Completely vacant and ready for immediate occupancy, this building offers significant flexibility for customization. A comprehensive renovation was completed in 2017, ensuring modern amenities and a well-maintained structure. The building's total square footage is 12,930 square feet, spread across two stories, providing ample space for operations and potential expansion. Situated in Philadelphia County, zip code 19124, this property benefits from convenient access to local amenities and transportation networks. The single-tenant occupancy allows for complete control and customization of the space, making it perfect for a company seeking a dedicated and adaptable workspace. This is a rare opportunity to secure a substantial, renovated office space in a desirable Philadelphia location. The property is ready for immediate lease and offers a blank canvas for your business to thrive. Contact us today to schedule a viewing and explore the possibilities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $265,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $275,000
- Mixed-Use
- $285,000
- Hospitality
- $305,000
- Educational
- $245,000
- Residential Income
- $300,000
- Energy
- $295,000
- Income-Based Land
- $240,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.0787
- Latitude
- 40.0102
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA