9808 Bustleton AvePhiladelphia, PA 19115

  • Retail properties
  • 41,750 SF
For Lease

Property Details for 9808 Bustleton Ave

Year built
1977
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.26 AC
Property size (Sq ft)
41,750 SF
Zone code
CA1
Property type
Retail properties
Property subtype
Strip malls
APN
88-2-0940-05
APU
882094005

Description

This exceptional 4,200 square foot medical office building, located at 9808 Bustleton Avenue in Philadelphia, Pennsylvania, 19115, presents a unique opportunity for a medical practice seeking a prominent location. The entire building is currently vacant, offering complete flexibility for a single tenant to customize the space to their exact specifications. The property is classified as a multi-tenant building, although currently available as a single, large space. Its prime location in Philadelphia ensures high visibility and accessibility for patients and staff. The building's total square footage is 4,200 square feet, providing ample room for various medical services, including waiting areas, examination rooms, administrative offices, and support spaces. The property is ready for immediate occupancy, allowing for a swift and efficient transition for any incoming medical practice. This is an ideal opportunity to establish or expand a medical practice in a thriving Philadelphia neighborhood. The building's address is easily accessible, offering convenient parking and excellent public transportation options. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,146,707
    6.5%
    $9,366,191
    7%
    $8,697,178
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,746,739
    Geo Method
    $13,746,739
  • Alternative Use

    Use
    Valuation
    Residential
    $7,900,733
    Hospitality
    $7,237,029
    Educational
    $6,021,123
    Medical
    $6,228,199
    Retail
    $9,366,191
9808 Bustleton Ave, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.0887
Longitude
-75.0347
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
$81,321
$4,066,659
$1,742,841
$5,809,500
-
$4,066,659
$1,742,841
$5,809,500

FAQs

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