5800 Woodland AvePhiladelphia, PA 19143

Property Details for 5800 Woodland Ave

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.81 AC

Property size (Sq ft)

17,874 SF

Zone code

ICMX

Property type

Grocery and convenience stores

APN

88-2-2355-05

APU

882235505

Description

This exceptional 42,000 square foot shopping center, located at 5800 Woodland Avenue in Philadelphia, Pennsylvania (zip code 19143), presents a unique investment opportunity. The property is a multi-tenant retail center featuring a grocery store anchor, making it the only such center in the immediate area. Currently, one retail space of 3,760 square feet is available. The center benefits from a highly visible location at a traffic-lit intersection on Woodland Avenue and 58th Street, a busy commercial corridor. This ensures excellent exposure to a densely populated neighborhood with a significant number of potential walk-up customers. The property boasts abundant off-street parking to accommodate shoppers and ample access with four ingress/egress points. The last update on property information was December 15th, 2023.

• CAP approach

  CAP return

  Valuation

  6%

  $7,398,529

  6.5%

  $6,829,412

  7%

  $6,341,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,885,250

  Geo Method

  $5,885,250

• Alternative Use

  Use

  Valuation

  Residential

  $5,760,864

  Hospitality

  $5,276,920

  Educational

  $4,390,336

  Medical

  $4,541,326

  Retail

  $6,829,412

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9317

Longitude

-75.2245

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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