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Property profile & analytics
FOR LEASE
Retail space

4821 Frankford Ave Philadelphia, PA 19124

13,000 SF 0.31 ac lot Built 1920
Trust Owned 9-yr Hold Free & Clear
Property ID
US73-2233314
Property summary
AI-generated overview

This exceptional retail property, located at 4821 Frankford Avenue in Philadelphia, Pennsylvania, offers a prime opportunity for medical-related businesses. The building totals 12,500 square feet and features multiple tenancies, providing flexibility for various needs. Currently, there is 3,945 square feet of vacant space available, divisible to a minimum of 1,190 square feet. This allows for businesses of varying sizes to find a suitable space within this well-situated location. The property is situated in Philadelphia County, zip code 19124, offering convenient access to major transportation routes and a thriving local community. The building's classification as "medical retail" suggests its suitability for a range of healthcare-related services, from clinics and pharmacies to physical therapy centers and medical supply stores. The available space presents a unique chance to establish or expand a business in a high-traffic area with strong potential for growth. Interested parties are encouraged to inquire about lease terms and availability. The property's size and layout offer significant advantages for businesses seeking a prominent presence in a busy Philadelphia neighborhood. This is a rare opportunity to secure a well-located retail space in a desirable area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,000 SF
Lot 0.31 ac (13,300 SF)
Zoning code CMX2
APN 88-2-7499-00
UPID US73-2233314
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
  • Mr. Bernard Stuetz Physician
  • Crossroads Treatment Center of Philadelphia, PA – NE Philly Medical Clinic
  • Value Tax Service Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$767k
Blend (final) Blend
$700k
Owner & transaction history
Nicoletti,robert Family Trust · 9 yrs held
Nicoletti,robert Family Trust
since 2016
3 recorded transactions
2016
$500,000
2013
$150,000
2013
$136,032
Zoning & alternative use
CMX2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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