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Property profile & analytics
FOR LEASE
Office buildings

8400 Bustleton Ave Philadelphia, PA 19152

23,328 SF 0.55 ac lot Built 1966
Entity Owned 19-yr Hold ~ Est. High Equity
Property ID
US73-5766322
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,328 SF
Lot 0.55 ac (24,002 SF)
Zoning code CMX1
APN 88-3-0885-10
UPID US73-5766322
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
  • Nara Beauty Clinic Medical Clinic Skin Care Clinic
  • Strong Fitness Studio Gym & Fitness Center
  • IJ MedCare Home Health Care Service
  • Carico International Advertising Agency Marketing & Advertising
  • 8400 Bustleton Concordia Plaza Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.56M
Blend (final) Blend
$3.28M
Owner & transaction history
8400 Bustleton LP · 19 yrs held
8400 Bustleton LP
since 2007
3 recorded transactions
2021
Price N/A
2014
Price N/A
2007
$1.3M
Zoning & alternative use
CMX1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-1 Neighborhood Commercial Mixed-Use-1 C-1 CMX-2 Neighborhood Commercial Mixed-Use-2 C-2 RC-1 RC-2 OC CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 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…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 314.51 ac
Source TITLE 14. ZONING AND PLANNING
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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