10101 Academy Rd Philadelphia, PA 19114
For Lease
1 / 8
This exceptional three-story, 20,000-square-foot office building, situated at 10101 Academy Road in Northeast Philadelphia (19114), presents a unique investment opportunity. Built in 1983 and renovated in 2008, the property boasts ample parking and excellent visibility from Academy and Red Lion Roads, enhanced by illuminated pylon signage. The building features 10-foot ceilings, a convenient elevator, and advanced security measures including cameras and alarms. Currently housing a mix of medical professionals, including dentists, chiropractors, pharmacists, and Jefferson Health physicians, the property offers multiple suites ranging from 1,100 to 6,800 contiguous square feet, with a total of 7,900 square feet currently vacant. The 1.24-acre lot is zoned CMX1, providing flexibility for various uses. Its prime location offers easy access to major roadways including Roosevelt Boulevard, Woodhaven Road, Route 13, and I-95, and is conveniently located across from Northeast Philadelphia Airport. The property's power supply is 120/240 volts. This is an ideal location for medical or creative office tenants seeking high visibility and convenient access. The property is comprised of two suites in total. APN: 1001034914.
-
Jaffrey Jaffery Dental Office
-
Scott Silverman, MD Dental Office
-
Dr. Fizza Jaffery Dental Office
-
Ishita Bhavsar Dental Office
-
Edward Litman, MD Dental Office
CMX-1 Neighborhood Commercial Mixed-Use-1 C-1 CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMX1 · Philadelphia, PACMX-1 Neighborhood Commercial Mixed-Use-1 C-1 CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "CMX" is used to indicate a mixed-use zoning district that is intended to accommodate both commercial and non-commercial development. "CA" is used to indicate zoning districts primarily intended to accommodate auto-oriented commercial development. 291 (.b) The numeral following the dash in the Commercial district map symbols is a relative indicator of the density/intensity or use, with a "1" indicating the lowest density/intensity/use option. (b) Purposes. Philadelphia's commercial zoning districts are primarily intended to accommodate and promote neighborhood-, community- and region-serving commercial uses, as well as mixed-use development consisting of commercial and residential uses in the same building or on the same site. This type of mixed-use development is encouraged in many areas of the City because it reflects the City's traditional urban, pedestrian-oriented character. Encouraging residential development in Commercial zoning districts also provides increased housing choice and reduces motorized transportation demands. The Commercial districts are distinguished primarily on the basis of allowed uses and commercial floor area limits. In the event of a conflict between any provision of this § 14-402 (Commercial and Commercial Mixed-Use Districts) and any other provision of this Zoning Code, the latter shall govern. (c) Descriptions. (.1)
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.