Urban Self-Storage
2522-24 W HUNTINGDON ST, Philadelphia, PA 19132
For Sale
$900,000
A sizable building occupies a compact parcel in an urban infill setting.
Property Size7,200 SF
Lot Size0.08 Acres
Price / SF$125
Days on Market50
Property Features for 2522-24 W HUNTINGDON ST
General Information
Standard status
Size
Lot size
Zoning
Site & Location
Neighborhood
Road Access
Building Details
Year Built
Buildings
Building Size
Listing Agency:
New Republic Realty
(610) 977-0200
Listed By:
Keave Andrew Slomine · License PA RM426275
(610) 314-1816
Source:
Imanirealtors
Added: Sep 24
Changed: Nov 11
Last Checked: Nov 12 at 6:40AM
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 New Republic Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This self-storage facility at 2522-24 W Huntingdon Street includes approximately 7,200 square feet of building area on a roughly 3,600-square-foot lot. The structure was built around 2012.
The property is in Philadelphia’s Strawberry Mansion section. The surrounding area includes residential housing, multifamily properties, and redevelopment activity, with public transit and arterial roadways in the broader area. Temple University is also described as a nearby commercial influence.
The property is in Philadelphia’s Strawberry Mansion section. The surrounding area includes residential housing, multifamily properties, and redevelopment activity, with public transit and arterial roadways in the broader area. Temple University is also described as a nearby commercial influence.
Key Highlights
- Approximately 7,200 square feet of building area
- Roughly 3,600‑square‑foot lot
- Built around 2012
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,646
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,920
$1.5M
Cap Rate 7%
$1,052,086
$1.1M
Cap Rate 9%
$818,289
$818.3K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$94.2K $13.08/SF
− Vacancy
−$7.5K −$1.05/SF
EGI
$86.6K $12.03/SF
− OpEx
−$13.0K −$1.81/SF
NOI
$73.6K $10.23/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,472,920
Cap Rate 7%
$1,052,086
Cap Rate 9%
$818,289
Alternative Uses
Best Use
Mixed Use
$1.22M
$1.07M – $1.43M
NOI $85,536 @ 7.0% cap · market cap 9.50%
Second Best
Warehouse
$1.05M
$920.6K – $1.23M
NOI $73,646 @ 7.0% cap · market cap 8.18%
Theoretical Best
Multifamily LT 5
$1.76M
$1.54M – $2.05M
NOI $122,867 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Explore this area
Business Placement
Demographics for 19132, PA
33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
Median Home Value
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Self storage facility - A sizable building occupies a compact parcel in an urban infill setting.
Where is this self storage facility located?
The property is located at 2522-24 W HUNTINGDON ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 7,200 square feet of building area; Roughly 3,600‑square‑foot lot; Built around 2012
