6301 Oxford AvePhiladelphia, PA 19111

  • Retail properties
  • 92,942 SF
For Lease

Property Details for 6301 Oxford Ave

Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
6.70 AC
Property size (Sq ft)
92,942 SF
Zone code
CA2
Property type
Retail properties
Property subtype
Strip malls
APN
88-2-8424-25
APU
882842425

Description

Lawndale Plaza, a thriving 92,733 square foot retail center in Philadelphia, Pennsylvania, presents a unique opportunity. Located at 6301 Oxford Ave, 19111, this grocery-anchored center enjoys a highly visible position at the intersection of Oxford Ave, Levick Street, and Martins Mill Road. The property sits on a 7.5-acre lot and offers ample parking with 388 spaces. Built in 1998, the center currently houses a diverse mix of established tenants including ShopRite, Wingstop, Wells Fargo, T-Mobile, Dunkin' Donuts, and Royal Cleaners, providing a convenient one-stop shopping experience. A single vacant suite of 700 square feet is immediately available, ideal for a variety of retail uses. The center benefits from its proximity to the Naval Support Activity Philadelphia, a significant draw for the area. This prime location and strong tenant roster make Lawndale Plaza an exceptional investment opportunity in Northeast Philadelphia's bustling commercial corridor. The property consists of a single building with multiple suites.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,296,010
    6.5%
    $26,119,394
    7%
    $24,253,724
  • Comparable approach

    Method
    Valuation
    Relative Method
    $30,602,380
    Geo Method
    $30,602,380
  • Alternative Use

    Use
    Valuation
    Residential
    $22,032,686
    Hospitality
    $20,181,822
    Educational
    $16,791,040
    Medical
    $17,368,510
    Retail
    $26,119,394
6301 Oxford Ave, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
40.044
Longitude
-75.0879
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
$199,138
$2,845,233
$11,380,967
$14,226,200
-
$2,845,233
$11,380,967
$14,226,200

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