Listing Agency: CBRE | Philadelphia Downtown p***@cbre.com Show Phone

Listed By: Patrick Green Show Phone

Source: Cbre

Added: Jun 2 Changed: Aug 31 Last Checked: Sep 1 at 3:34PM

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Investment Insights

Based on property information with market context.

This 24-acre industrial land property includes two existing buildings totaling 74,403 square feet. One building contains 57,674 square feet with 25-foot clear height, while the second offers 16,729 square feet with 40-foot clear height. The site is zoned I-3 Industrial and has a riverfront setting along Penrose Avenue in Philadelphia.

Key Highlights

• 24 riverfront acres
• Two buildings totaling 74,403 SF
• 57,674 SF building with 25' clear height

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

65

Businesses Nearby

Explore this area Business Placement

Demographics for 19145, PA

47,079

Population

21,295

Households

2.2

Avg Household Size

38

Median Age

36%

College-Educated

89%

High-School Grad

4.8 sq mi

ZIP Area

9,808

Density / Sq Mi

$70,374

Median Household Income

$45,940

Median Earnings

$1,343

Median Rent

$290,100

Median Home Value

Market

Vacancy Rate% for Industrial in Philadelphia, PA

4.3% 2019

2.3% 2020

1.6% 2021

2.3% 2022

8.4% 2023

9.1% 2024

11.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial property with two warehouse buildings and substantial clear-height capacity.

Where is this industrial land located?

The property is located at 2700 Penrose Avenue Philadelphia, PA.

What are key features of this property?

This property features: 24 riverfront acres; Two buildings totaling 74,403 SF; 57,674 SF building with 25' clear height