10101 Academy Rd, Philadelphia, PA 19114-1120
- Office buildings
- 19,980 SF
- 0.79 lot acres
Current Use by Public Records
- Jaffrey Jaffery / Dental Office
- Scott Silverman, MD / Dental Office
- Dr. Fizza Jaffery / Dental Office
- Ishita Bhavsar / Dental Office
- Edward Litman, MD / Dental Office
Property Details for 10101 Academy Rd
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.79 lot acres
- Zone code
- CMX1
- Property type
- Office buildings
- APN
- 88-3-0915-05
- APU
- 883091505
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 17, 2019 | $3,664,000 | Amalgam-ated Dental R & E & Academ | Ten Ten One Academy LP | Grant Deed | $2.8M · Centric Bk NA |
| Oct 17, 2016 | — | Ten Ten One Academy LP | 10101 Academy Road LP | Quit Claim Deed · related | — |
| Dec 16, 2008 | $1,950,000 | 10101 Academy Road | B V W Associates | Grant Deed | $1.5M · Beneficial Mutual Savings |
| — | — | Bvw Associates | — | Deed Of Trust · related | $1.4M · Susquehanna Patriot Bank |
| — | — | 10101 Academy Road | — | Deed Of Trust · related | $100k · Beneficial Mutual Savings |
| — | — | 10101 Academy Road | — | Deed Of Trust · related | $150k · Beneficial Mutual Savings |
| — | — | 10101 Academy Road LP | — | Deed Of Trust · related | $1.7M · American Heritage FCU |
Description
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.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,675,000
- 6.5%
- $4,315,000
- 7%
- $4,005,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,042,000
- AI Estimate
- $2,545,000
Market price range: $2.77M - $8.69MMarket price range: $958k - $4.67M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,085,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $5,555,000 Change: +9% Conversion: Easy
- MEDICAL BUILDING
- $4,905,000 Change: -3% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -74.9978
- Latitude
- 40.0789
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
