1845 Walnut StPhiladelphia, PA 19103
- Mixed-use properties
- 558,060 SF
Property Details for 1845 Walnut St
- Year built
- 1968
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.83 AC
- Property size (Sq ft)
- 558,060 SF
- Zone code
- CMX5
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 88-3-0390-00
- APU
- 883039000
Description
This exceptional 1,600-square-foot executive office suite is ideally situated at 1845 Walnut Street in Philadelphia, Pennsylvania, zip code 19103. The property offers a single-tenant occupancy in a highly desirable location within Philadelphia County. The entire space, totaling 1,600 square feet, is currently vacant and ready for immediate occupancy. The building features convenient on-site garage parking, a significant advantage in this bustling urban area. The property is classified as an executive office space, suggesting a high-quality finish and potentially desirable amenities. Its location on Walnut Street places it within easy reach of numerous businesses, restaurants, and public transportation options, making it an attractive proposition for businesses seeking a prestigious and accessible address. The property's single-tenant occupancy provides a unique opportunity for a company seeking a dedicated and private workspace. This is a rare opportunity to secure a fully vacant, high-quality executive office space in a prime Philadelphia location. Interested parties are encouraged to inquire promptly to secure this exceptional property. The address is easily accessible via major roadways and public transportation. The 1,600 square feet provides ample space for a variety of business configurations.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $222,925,152
- 6.5%
- $205,777,056
- 7%
- $191,078,704
-
Comparable approach
- Method
- Valuation
- Relative Method
- $113,019,984
- Geo Method
- $113,019,984
-
Alternative Use
- Use
- Valuation
- Residential
- $205,777,056
- Hospitality
- $188,490,688
- Educational
- $156,822,032
- Medical
- $162,215,392
- Retail
- $243,945,392
Location Insight
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Latitude
- 40.0023
- Longitude
- -75.1614
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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