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Property profile & analytics
OFF-MARKET
Commercial real estate

2736 Frankford Ave Philadelphia, PA 19134

50,360 SF
Property ID
US73-1092615
Property summary
AI-generated overview

This exceptional investment opportunity presents a rare assemblage of approximately 36 parcels totaling over 50,000 square feet of land on Frankford Avenue in Philadelphia, PA. The property, located on both sides of a vibrant city block, comprises a mix of beautifully renovated historic buildings and undeveloped land. The assemblage offers unmatched potential for growth, situated amidst thriving new developments and boasting a prime location on a bustling thoroughfare. The mixed-use zoning allows for a variety of development options, catering to both commercial and residential uses. The existing buildings provide immediate income-generating potential, while the vacant land offers significant expansion opportunities. This fee-simple ownership provides complete control and flexibility for future development plans. The property is offered at $9,000,000 with a net lease structure and multi-tenancy. This is a unique chance to acquire a substantial footprint on one of Philadelphia's most dynamic streets, capitalizing on the area's current momentum and shaping its future. The address encompasses the following numbers on Frankford Avenue: 2736, 2738, 2740, 2742, 2744, 2748, 2750, 2752, 2754, 2756-62, 2764; and East Side: 2743-45, 2747-49, 2751, 2753, 2755, 2757, 2759, 2761-65, 2767, 2769, 2771-73, 2775, 2777. Additionally, the assemblage includes properties on East Silver Street: 2014, 2018, 2022, and 2024. This significant land holding presents a compelling investment prospect for developers seeking to capitalize on Philadelphia's robust real estate market.

Property profile
Verified
Property type Commercial real estate
Total area 50,360 SF
UPID US73-1092615
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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