Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11000 Roosevelt Blvd Philadelphia, PA 19116
    Property profile & analytics

    11000 Roosevelt Blvd Philadelphia, PA 19116

    View on Map
    • Shopping centers
    • 358,323 SF
    • 27.41 lot acres
    For Sale
    $4,485,000
    View Listing →
    Roosevelt Boulevard Retail Opportunity For Sale
    $4,485,000

    Roosevelt Boulevard Retail Opportunity

    Retail spaces available in high-traffic Philadelphia shopping center.

    11000 Roosevelt Blvd, Philadelphia, PA 19116
    View Listing
    Property ID
    US73-2908578
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MISSION BBQ / Restaurant
    • No. 1 China / Restaurant
    • Hair Cuttery / Hair Salon
    • Hit Fitness Training - Philadelphia / Gym & Fitness Center
    • Target Grocery / Grocery & Convenience Store / Food Market

    Property Details for 11000 Roosevelt Blvd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    27.41 lot acres
    Property size
    358,323 SF
    Zone code
    I2
    Property type
    Shopping centers
    Property subtype
    Shopping centers
    APN
    88-2-0708-00
    APU
    882070800

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.0096
    Latitude
    40.1019
    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
    $697,949
    $9,972,129
    $39,888,471
    $49,860,600
    -
    $9,972,129
    $39,888,471
    $49,860,600

    Comparable in this City

    • Value Estimation by Request
      5,750 SF

      1055 Southampton Rd

      CREMATORIUM, MORTUARY • 5,750 SF
      1055 Southampton Rd, Philadelphia, PA 19116-1307
      View Details
    • Value Estimation by Request
      2,656 SF

      625 Byberry Rd

      FUNERAL HOME • 2,656 SF
      625 Byberry Rd, Philadelphia, PA 19116-2140
      View Details
    • Value Estimation
      $6,095,000
      46,720 SF

      10200 Jamison Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS • 46,720 SF
      10200 Jamison Ave, Philadelphia, PA 19116
      View Details
    • Value Estimation
      $1,645,000
      14,369 SF

      1075 Southampton Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 14,369 SF
      1075 Southampton Rd, Philadelphia, PA 19116-1307
      View Details
    • Value Estimation
      $1,275,000
      9,500 SF

      1290 Southampton Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 9,500 SF
      1290 Southampton Rd, Philadelphia, PA 19116-1447
      View Details
    • Value Estimation
      $1,415,000
      12,300 SF

      10101 Verree Rd

      SHOPPING CENTER, STRIP CENTER • 12,300 SF
      10101 Verree Rd, Philadelphia, PA 19116-3677
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Roosevelt Boulevard Retail Opportunity

      Retail spaces available in high-traffic Philadelphia shopping center.
      11000 Roosevelt Blvd, Philadelphia, PA 19116
      View Details
    • $267,000
      1,157 SF

      Retail Property on Bustleton Avenue

      Retail property for sale with storefront on Bustleton Avenue.
      10184 Bustleton Ave, Philadelphia, PA 19116
      View Details
    • Contact for pricing
      68,000 SF

      New Retail Property in Philadelphia

      Recently constructed retail property available in Philadelphia, Pennsylvania.
      2140 Byberry Rd, Philadelphia, PA 19116
      View Details
    • Contact for pricing
      0.69 Acres

      Office Space in Philadelphia

      Office space with on-site parking and regional connectivity.
      14500 Bustleton Ave, Philadelphia, PA 19116
      View Details
    • $499,900
      0.51 Acres

      Vacant Land in Philadelphia

      0.51 acre vacant lot zoned CA2 for commercial use.
      11990 Rennard St, Philadelphia, PA 19116
      View Details
    • $525,000
      2,584 SF

      Updated Duplex in Somerton Neighborhood

      Well-maintained duplex with modern updates and convenient location.
      10602 Cowden St, Philadelphia, PA 19116
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Roosevelt Boulevard

      Retail property with junior anchor space available for lease/sale.
      10500 Roosevelt Blvd, Philadelphia, PA 19116
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail spaces available for lease.
      Roosevelt Blvd & Haldeman Ave, Philadelphia, PA 19116
      View Details
    • $1,350 /Mo

      Professional Office Space Available

      Well-maintained office space in a convenient Philadelphia location.
      10065-67 Sandmeyer Ln, Philadelphia, PA 19116
      View Details
    • Contact for pricing

      Roosevelt Boulevard Warehouse Space

      Warehouse space available for lease on Roosevelt Boulevard.
      15000 Roosevelt Blvd, Philadelphia, PA 19116
      View Details
    • Contact for pricing
      252,826 SF

      Roosevelt Blvd Industrial Space

      Industrial space available for lease on Roosevelt Blvd.
      11200 Roosevelt Blvd, Philadelphia, PA 19116
      View Details
    • Contact for pricing
      23,000 SF

      Industrial Space in Philadelphia

      23,000 sq ft industrial property available for rent.
      2055 Bennett Rd, Philadelphia, PA 19116
      View Details

    Property Visit Statistics

    • Visits by month
      74.7k
    • Visitors by month
      40.6k
    • Avg Time on site
      28 min
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11000 Roosevelt Blvd
    Philadelphia, PA 19116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11000 Roosevelt Blvd, Philadelphia, PA, 19116
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!