2012 Frankford AvePhiladelphia, PA 19125

  • Office properties
  • 700 SF

Property Details for 2012 Frankford Ave

Year built
2017
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.10 AC
Property size (Sq ft)
700 SF
Zone code
CMX2
Property type
Office properties
APN
88-8-3104-12
APU
888310412

Description

This exceptional 700-square-foot executive office suite is ideally located at 2012 Frankford Avenue in Philadelphia, Pennsylvania, zip code 19125. The property is zoned CMX-2 and offers a single-tenant occupancy within a retail and office building. The entire space is currently vacant and ready for immediate occupancy. This presents a unique opportunity for a business seeking a well-situated, move-in ready office space in a vibrant Philadelphia neighborhood. The property's convenient location provides easy access to major transportation routes and amenities. The building itself offers a total of 700 square feet, making this a highly efficient and cost-effective solution for a small business or professional team. The single-tenant occupancy ensures privacy and control over the entire space. This is a prime opportunity for a business seeking a high-visibility location with excellent accessibility. The CMX-2 zoning allows for a variety of commercial uses, providing flexibility for future expansion or adaptation. Interested parties are encouraged to inquire promptly to secure this exceptional property. The address is easily accessible and situated within Philadelphia County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $132,953
    6.5%
    $122,726
    7%
    $113,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $91,462
    Geo Method
    $91,462
  • Alternative Use

    Use
    Valuation
    Residential
    $152,180
    Hospitality
    $139,396
    Educational
    $115,976
    Medical
    $119,964
    Retail
    $180,407

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9791
Longitude
-75.1303
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
$174
-
-
$83,100
-
-
-
$83,100

FAQs

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