This exceptional 2.89-acre shopping center, located at 12123 Knights Road in Philadelphia, Pennsylvania (zip code 19154), presents a unique investment opportunity. The property boasts a strategic location at the high-profile intersection of Knights Road and Woodhaven Road, offering excellent visibility and accessibility. The five-story building is zoned CA-2 (Auto-oriented Commercial), allowing for a diverse range of commercial uses. A significant advantage is its proximity to the Philadelphia Mills Mall, a major retail destination encompassing 1.65 million square feet of retail space, ensuring high foot traffic and consumer density. The property's zoning also permits hotel development, providing an attractive option for future expansion or redevelopment. Its convenient location near I-95 provides easy access to major transportation arteries, further enhancing its appeal to both businesses and consumers. This property is currently for sale and represents a compelling investment in a thriving commercial area. The site's size and zoning flexibility offer significant potential for long-term growth and profitability. Serious inquiries are encouraged.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$10,341,447
Hospitality
$9,472,710
Educational
$7,881,184
Medical
$8,152,229
Retail
$12,259,618
Location Insight
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.087
Longitude
-74.9698
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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