4442 Ridge Ave Philadelphia, PA 19129
Property profile & analytics
4442 Ridge Ave Philadelphia, PA 19129
- Commercial land
- 20,300 SF
- 0.72 lot acres
Property ID
US73-1298019
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
- The Anchorage on Kelly / Real Estate Agency
- The Overlook Philly / Real Estate Agency
Property Details for 4442 Ridge Ave
- Year built
- 1950
- Lot size
- 0.72 lot acres
- Property size
- 20,300 SF
- Zone code
- CMX3
- Property type
- Commercial land
- APN
- 88-5-4714-82
- APU
- 885471482
Description
This exceptional 9,950-square-foot executive office space is ideally situated at 4442 Ridge Avenue in Philadelphia, Pennsylvania, within Philadelphia County. The property boasts a single-tenant occupancy, offering a unique opportunity for a business seeking a substantial and self-contained workspace. The entire building is currently vacant, presenting a blank canvas for a discerning tenant to customize the layout and design to perfectly suit their operational needs. Classified as both retail and office space, this versatile property offers significant flexibility for a variety of businesses. Its location in the vibrant Philadelphia market provides excellent access to a diverse workforce and a strong customer base. The property's size and layout are well-suited for a large organization or a company requiring expansive office space. With its convenient address and ample square footage, this property represents a rare opportunity to secure a prominent presence in a desirable Philadelphia location. The zip code is 19129. The property is available for lease and offers a significant amount of space for immediate occupancy. This is a single-tenant building, providing privacy and control over the entire space. The property type is listed as both retail and office, suggesting potential for diverse uses. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,020,000
- 6.5%
- $3,710,000
- 7%
- $3,445,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,701,000
- AI Estimate
- $2,817,000
Market price range: $1.34M - $3.70MMarket price range: $1.42M - $2.82M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,475,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $5,645,000 Change: +128% Conversion: Moderate
- OFFICE BUILDING
- $5,165,000 Change: +109% Conversion: Easy
- MEDICAL BUILDING
- $4,985,000 Change: +101% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $3,765,000 Change: +52% Conversion: Difficult
- RETAIL STORES
- $3,480,000 Change: +41% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,200,000 Change: +29% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1999
- Latitude
- 40.0109
- 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
$349,950
$2,500,000
$22,500,000
$25,000,000
-
$2,500,000
$22,500,000
$25,000,000
