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Riverfront Industrial Land
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2700 Penrose Avenue, Philadelphia, PA 19145

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

Property Size9,286 SF
Days on Market139

Property Features for 2700 Penrose Avenue

General Information

Standard status Active
Size 9,286 SF
Property subtype Land
Listing Agency: CBRE | Philadelphia Downtown
Listed By: Patrick Green
Source: Cbre
Added: Jun 2 Changed: Oct 15 Last Checked: Oct 16 at 7:04AM

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 CBRE | Philadelphia Downtown

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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

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

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
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