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Property profile & analytics
OFF-MARKET Estimated value $1,815,000
Medical Office Space

449 Broad St Philadelphia, PA 19123-3628

9,180 SF 0.47 ac lot Built 2012
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US73-2297773
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 2012
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,180 SF
Lot 0.47 ac (20,424 SF)
Zoning code CMX4
APN 88-2-9382-58
UPID US73-2297773
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
  • Ellie Kelepouris Physician Medical Clinic
  • DaVita Buttonwood Dialysis Medical Clinic
  • SADICHHYA LOHANI Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.83M
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$1.82M
Owner & transaction history
Frankford Avenue Props INC · 9 yrs held
Frankford Avenue Props INC
since 2017
2 recorded transactions
2017
$4.0M
1969
Price N/A
Zoning & alternative use
CMX4 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-4 Core Commercial Mixed-Use C-4 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…

Zone name Community Commercial Mixed Use
General category MIXED_USE
Zone area 455.39 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Restaurant $2.8M +26.1%
Apartment house (5+ units) $2.6M +13.3%
Office building $2.3M +3.6%
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