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Property profile & analytics
OFF-MARKET Estimated value $85,790,000
Hospitals

3400 Civic Ctr Blvd Philadelphia, PA 19104-5127

500,000 SF 5.81 ac lot Built 2008
Entity Owned 20-yr Hold Free & Clear
Property ID
US73-0128993
Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 500,000 SF
Lot 5.81 ac (252,953 SF)
Zoning code CMX5
APN 77-3-7401-00
UPID US73-0128993
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
  • Stephen J. Kovach, III, MD Physician Medical Clinic
  • John P. Fischer, MD, MPH Physician Medical Clinic
  • Suhail K. Kanchwala, MD Physician Medical Clinic
  • Joseph M. Serletti, MD, FACS Physician Medical Clinic
  • Joshua Fosnot, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85.79M
Owner & transaction history
Philadelphia Authority Of Indl D · 20 yrs held
Philadelphia Authority Of Indl D
since 2005
4 recorded transactions
2005
Price N/A
2005
$3.6M
2005
$862,186
2005
Price N/A
Zoning & alternative use
CMX5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-5 Center City Core Commercial Mixed-Use C-5 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-…

Zone name Center City Commercial Mixed Use
General category MIXED_USE
Zone area 342.45 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Apartment house (5+ units) $140.8M +14.7%
Office building $127.2M +3.6%
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