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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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