2410 Broad StPhiladelphia, PA 19145

  • Commercial land
  • 0.05 AC

Property Details for 2410 Broad St

Lot size
0.05 AC
Zone code
CMX2.5
Property type
Commercial land
APN
88-5-1040-04
APU
885104004

Description

This exceptional 15,000 square foot medical office building is strategically located in the vibrant South Philadelphia medical district at 2410 South Broad Street, Philadelphia, PA 19145. The property boasts a prominent 54-foot frontage on South Broad Street, ensuring high visibility and accessibility. Currently configured as a multi-tenant building with two existing tenants, this presents a unique opportunity for investors seeking a stable, established medical office portfolio. The building is zoned CMX-2, allowing for a variety of medical uses. The property's location directly across the intersection from Jefferson Methodist Hospital provides immediate access to a substantial patient base and a strong medical community. The Net Net Net (NNN) lease structure minimizes landlord responsibilities, offering a streamlined and efficient ownership experience. The property's address is 2410 South Broad Street, Philadelphia, Pennsylvania, with an APN of 883359000. This is a prime investment opportunity in a high-demand area with significant growth potential. The building's size and location make it an ideal asset for both seasoned investors and those new to the medical office market. The existing tenants provide immediate cash flow, while the strategic location and zoning offer significant long-term upside.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $448,278
    Hospitality
    $410,620
    Educational
    $341,631
    Medical
    $353,381
    Retail
    $531,426

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9898
Longitude
-75.1559
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
$1,571
$112,200
-
$112,200
-
$112,200
-
$112,200

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