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Property profile & analytics

124 Indiana Ave Philadelphia, PA 19134

  • Residential income homes
  • 26,800 SF
  • 0.06 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-2395091
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

  • Impact Services Corporation / Advocacy Group / Social Service Agency
  • Impact Services-Shared Veteran Housing / Housing Authority

Property Details for 124 Indiana Ave

Year built
1935
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.06 lot acres
Property size
26,800 SF
Zone code
IRMX
Property type
Residential income homes
Property subtype
Serviced apartments
APN
88-6-0000-06
APU
886000006

Description

This exceptional retail property, located at 124 E. Indiana Ave in Philadelphia, Pennsylvania (zip code 19134), offers 16,500 square feet of versatile space currently available for lease. The building is zoned 2-4 and situated in Philadelphia County. The property features on-site parking, a significant advantage for both tenants and customers. The space is divisible, with a minimum leasable area of 11,000 square feet and a maximum contiguous space of 5,500 square feet. This flexibility allows for a variety of tenant configurations, making it ideal for both large and smaller businesses seeking a prominent location. The entire 16,500 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to establish themselves in a vibrant commercial area. The property's institutional subtype suggests a high-quality build and durable construction, suitable for a range of retail uses. This prime location in Philadelphia offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. Interested parties are encouraged to inquire for further details and leasing options.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $4,047,000
    Market price range: $4.05M - $11.7M

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


Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.1289
Latitude
39.9952
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
$16,462
$294,000
$882,000
$1,176,000
-
$294,000
$882,000
$1,176,000
More about this property
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