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Property profile & analytics
OFF-MARKET Estimated value $3,330,000
Office buildings

240 Geiger Rd Philadelphia, PA 19115-1008

16,120 SF 1.42 ac lot Built 2004
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-0090236
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,120 SF
Lot 1.42 ac (61,812 SF)
Zoning code I2
APN 88-3-3227-00
UPID US73-0090236
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Dr. Jill Bresler Dental Office
  • Dr. Jordee Shapiro Medical Clinic
  • Tong Andrew DDS Dental Office
  • Dr. Jennifer A. Molitor, DMD Dental Office
  • SHIPRA PURI Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.48M
Comparable Approach Comparable
$4.28M
Blend (final) Blend
$3.33M
Owner & transaction history
240 Geiger Associates · 20 yrs held
240 Geiger Associates
since 2006
7 recorded transactions
2024
Price N/A
2023
Price N/A
2017
Price N/A
2017
Price N/A
2006
$935,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

I-2 Medium Industrial G-1 G-2 Food Distribution Center I-3 Heavy Industrial LR I-P Port Industrial Port Industrial (.2) Map Symbols. (.a) The Industrial district map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "I" is used to indicate a zoning district primarily in…

Zone name Medium Industrial
General category INDUSTRIAL
Zone area 6,310.58 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Restaurant $5.0M +21.7%
Apartment house (5+ units) $4.5M +9.3%
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