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Property profile & analytics
FOR SALE
Commercial land

4442 Ridge Ave Philadelphia, PA 19129

20,300 SF 0.72 ac lot Built 1950
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-1298019
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1950
Total area 20,300 SF
Lot 0.72 ac (31,466 SF)
Zoning code CMX3
APN 88-5-4714-82
UPID US73-1298019
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
  • The Anchorage on Kelly Real Estate Agency
  • The Overlook Philly Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.71M
Comparable Approach Comparable
$3.70M
Blend (final) Blend
$3.41M
Owner & transaction history
Ridge Ave Partners LLC · 5 yrs held
Ridge Ave Partners LLC
since 2021
7 recorded transactions
2024
Price N/A
2021
Price N/A
2020
$645,000
2019
Price N/A
2017
Price N/A
2017
Price N/A
2016
$3.0M
Zoning & alternative use
CMX3 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $5.6M +128.0%
Office building $5.2M +108.5%
Medical building $5.0M +101.3%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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