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    1900 S Broad St Philadelphia, PA 19145

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    1900 S Broad St Philadelphia, PA 19145


    • Medical Office Space
    • 7,521 SF
    • 0.23 lot acres
    South Broad Street Office Building For Lease
    $2,470,000
    41,480 SF

    South Broad Street Office Building

    Built-to-suit office building with high visibility and transit access.

    1900 S Broad Street, Philadelphia, PA 19145
    View Listing
    Property ID
    US73-0853376
    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
    $2,470,000
    Cap Rate Potential
    4.2%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Dr. Atul S. Rao, MD / Physician / Hospital
    • Pizzi Elise R / Physician
    • Foot & Ankle Center of Phila / Medical Clinic
    • Dr. Eli M. Lourie, MD / Pediatrician / Medical Clinic
    • Dr. Saba Khan, MD / Pediatrician / Medical Clinic

    Property Details for 1900 S Broad St

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    7,521 SF
    Zone code
    RSA5
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    77-3-0610-00
    APU
    773061000

    Description

    This exceptional medical office building, located at 1900 S. Broad Street in Philadelphia County, presents a unique opportunity for healthcare providers. The property offers five available suites ranging from 2,326 to 8,296 square feet, providing flexibility for various practice sizes. The building itself boasts a total of 41,480 square feet across five floors and is scheduled for completion by the second quarter of 2024. Its prominent South Broad Street location offers significant signage and branding opportunities, ensuring high visibility and accessibility. The building includes convenient amenities such as private parking and designated ambulance/transport loading areas. Its strategic location near Constitution Health Plaza, a substantial 300,000 square foot healthcare facility, guarantees a high volume of patient and staff traffic. Furthermore, the property benefits from excellent proximity to major transportation arteries, including I-76, I-95, and I-295, as well as the Ben Franklin and Walt Whitman Bridges. Public transportation is readily available, with a perfect walk and transit score of 100. The surrounding area is rich with other prominent medical institutions, including The Children's Hospital of Philadelphia, Thomas Jefferson University Hospital, Pennsylvania Hospital, Hospital of the University of Pennsylvania, and Wills Eye Hospital, creating a thriving medical hub. This location offers unparalleled convenience and accessibility for both patients and staff.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,320,000
      ML approach
      $2,290,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,625,000
      6.5%
      $1,500,000
      7%
      $1,390,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,627,000
      Market price range: $434k - $2.87M
    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,845,000
      Current use
      RESTAURANT
      $2,330,000
      Change: +26% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $2,090,000
      Change: +13% Conversion: Moderate
      OFFICE BUILDING
      $1,915,000
      Change: +4% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1696
    Latitude
    39.9267
    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
    $17,808
    $101,776
    $1,170,424
    $1,272,200
    -
    $101,776
    $1,170,424
    $1,272,200
    View Listing
    More about this property
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