Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2300 Allegheny Ave Philadelphia, PA 19134-4401

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2300 Allegheny Ave Philadelphia, PA 19134-4401

    View on Map
    • Medical Office Space
    • 1,900 SF
    • 0.03 lot acres
    Off-Market
    Property ID
    US73-1717012
    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

    • Oncology Associates Ltd / Medical Clinic / Hospital
    • Brightside Academy / Daycare Center
    • Carson Valley School / High School
    • Lerner Harvey MD / Physician

    Property Details for 2300 Allegheny Ave

    Year built
    1910
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.03 lot acres
    Property size
    1,900 SF
    Zone code
    CMX2
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    88-2-0141-50
    APU
    882014150

    Description

    This exceptional executive office space at 2300 W Allegheny Ave in Philadelphia, PA, offers a variety of suite sizes to accommodate diverse business needs. Located in Philadelphia County, zip code 19132, this I2 zoned property (with office variance) boasts a total of 16,500 square feet. Currently, there are 3,344 square feet of vacant space available, divisible into units as small as 32 square feet, and offering contiguous spaces up to a maximum of 3,012 square feet. The building is move-in ready and ADA compliant, featuring a modern design. The multiple tenancy structure provides flexibility for businesses of all sizes. This prime location offers easy access to various amenities and transportation options within Philadelphia. The property is ideal for businesses seeking efficient, modern, and accessible office space in a vibrant urban setting. Interested parties should inquire about available suite sizes and lease terms. The address is 2300 W Allegheny Ave, Philadelphia, PA 19132.

    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
    -75.1075
    Latitude
    39.9894
    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
    $3,774
    $53,915
    $215,685
    $269,600
    -
    $53,915
    $215,685
    $269,600

    Comparable in this City

    • Value Estimation by Request
      4,101 SF

      2230 Allegheny Ave

      MEDICAL CLINIC • 4,101 SF
      2230 Allegheny Ave, Philadelphia, PA 19134-3830
      View Details
    • Value Estimation by Request
      1,875 SF

      2409 Allegheny Ave

      MEDICAL CLINIC • 1,875 SF
      2409 Allegheny Ave, Philadelphia, PA 19134-4402
      View Details
    • Value Estimation by Request
      2,355 SF

      2032 Allegheny Ave, Unit 34

      MEDICAL CLINIC • 2,355 SF
      2032 Allegheny Ave, Philadelphia, PA 19134-3817
      View Details
    • Value Estimation
      $4,660,000
      27,150 SF

      334 Erie Ave, Unit 60

      MEDICAL CLINIC • 27,150 SF
      334 Erie Ave, Philadelphia, PA 19134-1013
      View Details
    • Value Estimation by Request
      1,710 SF

      2623 Allegheny Ave

      MEDICAL CLINIC • 1,710 SF
      2623 Allegheny Ave, Philadelphia, PA 19134-5131
      View Details
    • Value Estimation
      $890,000
      6,032 SF

      2923 Thompson St, Unit 25

      MEDICAL CLINIC • 6,032 SF
      2923 Thompson St, Philadelphia, PA 19134-4812
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,200 SF

      Multi-Story Medical Office Building

      Multi-story commercial building utilized as a medical office for sale.
      2909-2913 Kensington Ave, Philadelphia, PA 19134
      View Details
    • $1,850,000
      8,736 SF

      Port Richmond Office Space Available

      8,736 SF office space in Philadelphia's Port Richmond neighborhood.
      3311 Agate St, Philadelphia, PA 19134
      View Details
    • $219,999
      1,120 SF

      Philadelphia Mixed-Use Investment Opportunity

      Renovated duplex with commercial space and residential unit.
      3128 F St, Philadelphia, PA 19134
      View Details
    • $399,000
      3,441 SF

      Philadelphia Commercial Building on Allegheny

      Three-story corner building on Allegheny Avenue, suitable for commercial or multi-family use.
      2711-13 E Allegheny Ave, Philadelphia, PA 19134
      View Details
    • Contact for pricing

      Kensington Avenue Mixed-Use Property

      Mixed-use corner property with commercial and expansion potential.
      3100 Kensington Ave, Philadelphia, PA 19134
      View Details
    • Contact for pricing
      29,100 SF

      Philadelphia Investment Opportunity

      Prime investment property in a rapidly redeveloping Philadelphia area.
      219 E Lehigh Ave, Philadelphia, PA 19134
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Philadelphia Commercial Space for Rent

      Commercial space suitable for medical, school, office, flex, or industrial.
      118 E Indiana Ave, Philadelphia, PA 19134
      View Details
    • $1,650 /Mo
      1,268 SF

      Allegheny Avenue Office Space Available

      Prime commercial space ideal for medical or professional use.
      2248 E Allegheny Ave, Philadelphia, PA 19134
      View Details
    • $3,333 /Mo
      17,350 SF

      Renovated Office Space Available

      Recently renovated office space with modern amenities for lease.
      3317-41 Gaul St, Philadelphia, PA 19134
      View Details
    • $2,250 /Mo
      55,757 SF

      Office Space for Lease

      Office space available for lease in Philadelphia, PA 19134
      2930 Jasper St, Philadelphia, PA 19134
      View Details
    • $3,950 /Mo
      55,757 SF

      Creative Office Space in Philadelphia

      Bright studio with hardwood floors, kitchen, and immediate occupancy.
      2930 Jasper St, Philadelphia, PA 19134
      View Details
    • Contact for pricing

      Renovated Office/Retail Space Available

      Newly renovated commercial space suitable for office or retail use.
      2030 E Willard St, Philadelphia, PA 19134
      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.
    2300 Allegheny Ave
    Philadelphia, PA 19134-4401
    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
    2300 Allegheny Ave, Philadelphia, PA, 19134
    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!