1925 Allegheny AvePhiladelphia, PA 19132

Property Details for 1925 Allegheny Ave

Year built

1980

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.43 AC

Property size (Sq ft)

8,003 SF

Zone code

CMX2

Property type

Retail space

APN

88-2-7000-80

APU

882700080

Description

This exceptional 8,000 square foot freestanding building presents a unique opportunity for a single-tenant user. Located on Allegheny Avenue, this property boasts excellent visibility and accessibility, enhanced by a large pylon sign and 15 off-street parking spaces. Its strategic position along a major commercial corridor ensures high traffic volume, with bus routes conveniently located directly in front. The CMX-2 zoning allows for a variety of uses, making it ideal for retail, automotive, or medical/dental businesses. The surrounding area demonstrates strong retail performance, with established businesses such as Save A Lot, McDonald's, Auto Zone, Rite Aid, Dunkin', Shop Rite, Ross, Family Dollar, Planet Fitness, Dollar Tree, Forman Mills, and Home Depot nearby. This property offers a turnkey solution for businesses seeking a high-profile location with ample parking and strong surrounding demographics. The entire 8,000 square feet is currently vacant, providing immediate occupancy for the new tenant. The building's prominent location and the existing infrastructure make it an attractive proposition for businesses looking to establish a significant presence in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,234,444

  6.5%

  $2,062,564

  7%

  $1,915,238

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,635,094

  Geo Method

  $2,635,094

• Alternative Use

  Use

  Valuation

  Residential

  $1,739,850

  Hospitality

  $1,593,693

  Educational

  $1,325,934

  Medical

  $1,371,535

  Retail

  $2,062,564

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0031

Longitude

-75.162

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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