2708 Commerce Way Philadelphia, PA 19154
Property Lookup
Property profile & analytics
2708 Commerce Way Philadelphia, PA 19154
- Office buildings
- 35,148 SF
- 2.09 lot acres
Property ID
US73-4678044
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.
Location Intelligence
Current Use by Public Records
- Jerusalem Glatt Kosher / General Contractor / Construction Company
- Kinder Kollege Inc / High School / Daycare Center
- Abilities In Motion / Charitable Organization / Social Service Agency
- Friedman's Financial Group Llc / Financial Advisor
- Davies Consulting LLC / Marketing & Advertising / Advertising Agency
Property Details for 2708 Commerce Way
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.09 lot acres
- Property size
- 35,148 SF
- Zone code
- I1
- Property type
- Office buildings
- APN
- 88-3-0920-50
- APU
- 883092050
Description
This exceptional four-story, 35,148 square foot office building, situated on 2.09 acres in Philadelphia County, presents a unique investment opportunity. Built in 1925 and renovated in 1999, the Class B property boasts 10 suites, with 20,499 square feet currently vacant. The flexible floor plans offer spaces ranging from 2,351 to 5,150 square feet, ideal for various office configurations, including traditional, executive, medical, and creative uses. Amenities include 67 parking spaces, gas and electric power, elevators, and a convenient location near major commuter routes (Route 1, I-95, Pennsylvania Turnpike), providing easy access to Bucks and Montgomery Counties, South and Central New Jersey, and New York City. The building is zoned I1 and features high-end finishes throughout, including multiple private offices, conference rooms, kitchenettes, and common area restrooms in most units. Annual property taxes are $1.58 per square foot. The building's strategic location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a premium office space in Northeast Philadelphia. The second floor alone offers approximately 14,461 square feet, with the third floor offering 5,001 square feet and the fourth floor offering 2,847 square feet. This property is a rare find, combining location, size, and flexibility.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,320,000
- ML approach
- $3,220,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,229,000
Market price range: $1.53M - $8.03M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -74.9797
- Latitude
- 40.1099
- 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
$55,746
$796,480
$3,185,920
$3,982,400
-
$796,480
$3,185,920
$3,982,400
