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Property profile & analytics
OFF-MARKET Estimated value $5,265,000
Medical Office Space

2501 Reed St Philadelphia, PA 19146-3956

23,760 SF 1.14 ac lot Built 1940
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-4940183
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,760 SF
Lot 1.14 ac (49,571 SF)
Zoning code CA1
APN 88-2-0099-92
UPID US73-4940183
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
  • DaVita Point Breeze Dialysis Medical Clinic
  • Bethanna Crisis Center Medical Clinic
  • Curtis Jacque MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.74M
Comparable Approach Comparable
$5.83M
Blend (final) Blend
$5.27M
Owner & transaction history
Grays Ferry Properties LLC · 5 yrs held
Grays Ferry Properties LLC
since 2020
Last sale
$5.3M
1 recorded transaction
2020
$5.3M
Zoning & alternative use
CA1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are intended to provide a general, relative indication of the range of uses and activities allowed within the respective districts. "CMX" is used to indicate a mixed-use zoning district that is intended to accommod…

Zone name Auto Oriented Commercial
General category COMMERCIAL
Zone area 783.86 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Restaurant $7.4M +26.1%
Warehouse, storage $7.2M +22.9%
Office building $6.0M +3.6%
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