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Property profile & analytics
FOR LEASE
Office buildings

10101 Academy Rd Philadelphia, PA 19114

19,980 SF 0.79 ac lot Built 1969
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-0135025
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,980 SF
Lot 0.79 ac (34,378 SF)
Zoning code CMX1
APN 88-3-0915-05
UPID US73-0135025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.32M
Comparable Approach Comparable
$4.04M
Blend (final) Blend
$3.64M
Owner & transaction history
Amalgam-ated Dental R & E & Academ · 6 yrs held
Amalgam-ated Dental R & E & Academ
since 2019
7 recorded transactions
2019
$3.7M
2016
Price N/A
2008
$2.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CMX1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 314.51 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Apartment house (5+ units) $5.6M +9.3%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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