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    2519 N Broad St Philadelphia, PA 19132

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    For Sale
    $15,000,000

    97,905 SF property with development potential in Philadelphia.

    Property size:
    97,905 SF
    Lot size:
    1.50 Acres

    Property Features for 2519 N Broad St

    General Information

    Size
    97,905 SF
    Lot size
    1.50 Acres

    Source: Binswanger - Corporate Agent Jason Ostach

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use/Industrial Property in Opportunity Zone

    This property offers approximately 97,905 square feet of space on 3.18 acres. It features frontage on Broad Street (approximately 110 feet) and Cumberland Street (approximately 106 feet). The site is located within a qualified opportunity zone. Current approvals are in place for 118 residential units. Historically preserved tax credits are potentially available for a portion of the site. The zoning is CMX-3 / I-2, designated for commercial mixed-use and industrial purposes within the city of Philadelphia. Immediate access to the North Broad Street train station is available. Environmental reports and a survey are available to qualified prospects. The estimated taxes for 2023 are $40,069.00. Ownership would consider a sale of each building separately.
    Insight Report Location Intelligence

    Current Use by Public Records

    Palazzo Bruce S ... Dentist

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17054
    Latitude
    39.918854

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    FAQs

    What type of property is this?
    Industrial property - 97,905 SF property with development potential in Philadelphia.
    Where is this industrial property located?
    The property is located at 2519 N Broad St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: - Approximately 97,905 sf on 3.18 acres available for sale.; - Prime exposure with direct frontage on Broad St and Cumberland St.; - Current approvals in place for 118 residential units.
    (856) 630-0774
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    2519 N Broad St Philadelphia, PA 19132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2519 N Broad St Philadelphia, PA 19132
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