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Industrial Mixed-Use Zoned Warehouse
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1801 N American St, Philadelphia, PA 19122

Warehouse property zoned ICMX, allowing a combination of commercial and low-impact industrial uses.

Property Size80,000 SF
Price / SF$162.50
Days on Market25

Property Features for 1801 N American St

General Information

Standard status Active
Size 80,000 SF
Property subtype RETAIL
Zoning ICMX
Listing Agency: Equity CRE
Listed By: Steve Jeffries · License #RS311123
Source: Moodyscre
Added: Jul 7 Changed: Jul 29 Last Checked: Jul 30 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity CRE

Investment Insights

Based on property information with market context.

This warehouse property is zoned ICMX, Industrial Commercial Mixed-Use, which allows for a combination of commercial and low-impact industrial uses. The zoning structure is designed to provide flexibility for investors evaluating future redevelopment opportunities and adapting to changing demand.

The property is located under 2 miles from Center City Philadelphia, as well as near Fishtown and Northern Liberties. Access to public transportation is supported by nearby Market-Frankfort Line service, SEPTA Bus Routes 3, and SEPTA Regional Rail.

Demographic information provided includes a population of over 249,881 people within a 2-mile radius and an average household income of $95,567.

Key Highlights

  • Zoned ICMX (Industrial Commercial Mixed‑Use), allowing a combination of commercial and low‑impact industrial uses
  • Located under 2 miles from Center City Philadelphia, plus nearby access to Fishtown and Northern Liberties
  • Easy transit access near the Market‑Frankford Line, SEPTA Bus Routes 3, and SEPTA Regional Rail

Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $1.05M $13.08
− Vacancy −$83.7k −$1.05
EGI $962.7k $12.03
− OpEx −$144.4k −$1.81
NOI $818.3k $10.23
80,000 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$11.69M
$10.23M – $13.64M (±1% cap)
NOI $818,285 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$19.50M
$17.06M – $22.75M (±1% cap)
NOI $1,365,192 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Dalin Property Management Property Management Company American Metal Moulding ... Hardware & Home Improvement Dalin Property Management, ... Property Management Company Provenance Hardware & Home Improvement Grocery Outlet Specialty Food Shop

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store HVAC Service Nursing Home Storage Facility Auto Parts 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

2,638
Businesses Nearby
Under-served
Demand for This Use

Demographics for 19122, PA

26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • CubeSmart Self Storage — 1645 N American St, Philadelphia, PA 19122

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse property zoned ICMX, allowing a combination of commercial and low-impact industrial uses.
Where is this warehouse located?
The property is located at 1801 N American St Philadelphia, PA.
What is the asking price?
The asking price for this property is $13,000,000.
What are key features of this property?
This property features: Zoned ICMX (Industrial Commercial Mixed‑Use), allowing a combination of commercial and low‑impact industrial uses; Located under 2 miles from Center City Philadelphia, plus nearby access to Fishtown and Northern Liberties; Easy transit access near the Market‑Frankford Line, SEPTA Bus Routes 3, and SEPTA Regional Rail
(484) 531-2250 Call to check price and availability
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