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Property profile & analytics

10050 Roosevelt Blvd Philadelphia, PA 19115

  • Office Properties & Spaces
  • 1,080 SF
Value Estimation
$6,025,000
Last Sale
Mar 18, 2020
$5,987,500
Location Intelligence
Property ID
US73-1568818
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Greater Northeast Medical & Professional Building / Medical Center
  • Dunkin' / Bagel Shop / Coffee Shop
  • FLEX Auto Rentals / Car Rental Agency
  • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
  • Anatoly Shlobin / Physical Therapist

Property Details for 10050 Roosevelt Blvd

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Property size
1,080 SF
Zone code
CA1
Property type
Office Properties & Spaces
APN
88-2-5729-45
APU
882572945

Description

This exceptional 10,960 square foot Class A medical office building, constructed in 2007 and renovated in 2020, presents a unique single-tenant opportunity in Northeast Philadelphia's thriving medical submarket. The property boasts 4,400 square feet of readily available space, perfectly suited for a variety of medical practices. The existing build-out includes seven exam rooms, a nurses' station, reception and administrative areas, an imaging room, waiting area, utility room, IT room, and staff kitchen/breakroom. The building features ample parking with 50 spaces, though it lacks elevators. Located at 10050 E Roosevelt Blvd, Philadelphia, PA 19115, near the intersection of Red Lion Road, this one-story building is zoned CA1 and offers convenient access to major roadways. Its strategic location provides proximity to several prominent hospitals, including Nazareth Hospital (3.2 miles), Holy Redeemer Hospital (4.5 miles), Jefferson Torresdale Hospital (5 miles), and Fox Chase Cancer Center (5.7 miles). Medical equipment and furnishings are available for purchase, making this a truly turnkey solution for an expanding or relocating medical practice. This is an exceptional opportunity to acquire a well-maintained, strategically located medical office building in a high-demand area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $6,000,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,585,000
    6.5%
    $6,125,000
    7%
    $6,070,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $5,770,000
    Geo Method
    $6,410,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $5,810,000
    Retail
    $7,020,000
    Mixed-Use
    $6,470,000
    Hospitality
    $5,925,000
    Educational
    $6,120,000
    Residential Income
    $6,590,000
    Energy
    $5,065,000
    Income-Based Land
    $5,945,000
    Food Service
    $6,005,000

Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.0153
Latitude
40.096
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,189
$45,560
$182,240
$227,800
-
$45,560
$182,240
$227,800
More about this property
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