12123 Knights RdPhiladelphia, PA 19154

  • Commercial land
  • 42,900 SF

Property Details for 12123 Knights Rd

Lot size
2.70 AC
Property size (Sq ft)
42,900 SF
Zone code
CA1
Property type
Commercial land
APN
88-5-8150-20
APU
885815020

Description

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

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
$37,853
$2,704,200
-
$2,704,200
-
$2,704,200
-
$2,704,200

FAQs

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