Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2012 Frankford Ave, Unit 4COMM Philadelphia, PA 19125-1964
    Property profile & analytics

    2012 Frankford Ave, Unit 4COMM, Philadelphia, PA 19125-1964

    View on Map
    • Office Spaces
    • 700 SF
    • 0.10 lot acres
    Off-Market
    Property ID
    US73-5110184
    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

    • Cake And Joe / Bakery / Specialty Food Shop
    • Chase ATM / Atm

    Property Details for 2012 Frankford Ave

    Year built
    2017
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Zone code
    CMX2
    Property type
    Office Spaces
    APN
    88-8-3104-12
    APU
    888310412

    Description

    This exceptional 700-square-foot executive office suite is ideally located at 2012 Frankford Avenue in Philadelphia, Pennsylvania, zip code 19125. The property is zoned CMX-2 and offers a single-tenant occupancy within a retail and office building. The entire space is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a well-situated, move-in ready office space in a vibrant Philadelphia neighborhood. The property's convenient location provides easy access to major transportation routes and amenities. The building itself offers a total of 700 square feet, making this a highly efficient and cost-effective solution for a small business or professional team. The single-tenant occupancy ensures privacy and control over the entire space. This is a prime opportunity for a business seeking a high-visibility location with excellent accessibility. The CMX-2 zoning allows for a variety of commercial uses, providing flexibility for future expansion or adaptation. Interested parties are encouraged to inquire promptly to secure this exceptional property. The address is easily accessible and situated within Philadelphia County.

    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
    -75.1303
    Latitude
    39.9791
    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
    $174
    $0.00
    $0.00
    $83,100
    -
    $0.00
    $0.00
    $83,100

    Comparable in this City

    • Value Estimation by Request
      860 SF

      1512 Frankford Ave, Unit C1

      CONDOMINIUM OFFICES
      1512 Frankford Ave, Philadelphia, PA 19125-4463
      View Details
    • Value Estimation by Request
      1,205 SF

      1100 Shackamaxon St, Unit 1B

      CONDOMINIUM OFFICES
      1100 Shackamaxon St, Philadelphia, PA 19125-4120
      View Details
    • Value Estimation by Request
      2,150 SF

      2042 Amber St, Unit B1

      CONDOMINIUM OFFICES
      2042 Amber St, Philadelphia, PA 19125-1926
      View Details
    • Value Estimation by Request
      1,526 SF

      1514 Frankford Ave, Unit C1

      CONDOMINIUM OFFICES
      1514 Frankford Ave, Philadelphia, PA 19125-4464
      View Details
    • Value Estimation by Request
      1,723 SF

      2006 Frankford Ave, Unit 103

      CONDOMINIUM OFFICES
      2006 Frankford Ave, Philadelphia, PA 19125-1958
      View Details
    • Value Estimation by Request
      1,371 SF

      2032 Frankford Ave, Unit C1

      CONDOMINIUM OFFICES
      2032 Frankford Ave, Philadelphia, PA 19125-1961
      View Details

    Similar Nearby for Sale

    • $2,950,000
      17,500 SF

      Fishtown Historic Building with Solar

      Iconic Philadelphia building with modern updates and income potential.
      1345 E Susquehanna Ave, Philadelphia, PA 19125
      View Details
    • $349,900
      2,200 SF

      Fishtown Commercial Office Space

      2,200 sq ft office space in vibrant Fishtown.
      1118 E Columbia Ave, Philadelphia, PA 19125
      View Details
    • New
      $395,000

      Fishtown Commercial Condo on Frankford

      Turnkey commercial condo in prime Fishtown location.
      2028 Frankford Ave, Philadelphia, PA 19125
      View Details
    • $239,000
      1,440 SF

      Adaptable Philadelphia Property for Conversion

      Versatile property in Philadelphia, PA, ideal for duplex conversion.
      145 E Lehigh Ave, Philadelphia, PA 19125
      View Details
    • $239,000
      0.02 Acres

      Adaptable Commercial Property in Philadelphia

      Well-maintained property suitable for medical, professional, or residential use.
      145 E Lehigh Ave, Philadelphia, PA 19125
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      KOZ Abatement Office Spaces

      Office spaces with generous tax subsidies and experiential lifestyle add-ons.
      1325 N Beach St, Philadelphia, PA 19125
      View Details
    • New
      $7,917 /Mo
      1,612 SF

      Multi-Level Office Suite with Rooftop Deck

      Two-level office with private patio, rooftop deck, and ductless mini-split HVAC; tenants pay utilities plus NNN.
      1140 Frankford Ave, Philadelphia, PA 19125
      View Details
    • Contact for pricing

      Fishtown Office and Warehouse Space

      Office and warehouse space for rent in the heart of Fishtown.
      2663 Salmon St, Philadelphia, PA 19125
      View Details
    • $2,650 /Mo
      1,172 SF

      Fishtown Retail Space Available

      Ground floor retail space in Philadelphia's Fishtown neighborhood.
      206 E Girard Ave, Philadelphia, PA 19125
      View Details
    • $995 /Mo
      2,413 SF

      East Kensington Commercial Space Available

      Subgrade commercial space in booming East Kensington available for lease.
      1935 E Hazzard St, Philadelphia, PA 19125
      View Details
    • Contact for pricing

      Fishtown Commercial Space with Patio

      Versatile 2,500 SF commercial space in vibrant Fishtown.
      1140 Frankford Ave, Philadelphia, PA 19125
      View Details
    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.
    2012 Frankford Ave, Unit 4COMM
    Philadelphia, PA 19125-1964
    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
    2012 Frankford Ave, Philadelphia, PA, 19125
    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!