3227- N 11TH STREET, Philadelphia, PA 19140

Building Details

Building Size 11,700 SF More

Year Built 1920 More

Buildings 1 More

Listing Agency: EveryHome Realtors

Listed By: Danielle Mancini · License PA RS315883 Show Phone

Source: Wagnerrealestate

Added: Feb 19 Changed: Nov 12 Last Checked: Nov 12 at 2:21PM

Report an Issue

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 EveryHome Realtors

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

A 1920-built, 11,700-square-foot building sits on a 1.3-acre parcel. The property has been identified for potential manufacturing, storage, wholesale, distribution, and material-storage uses, as well as redevelopment. Any proposed use should be confirmed with the City of Philadelphia.

The site is near Temple University and the Broad and Allegheny Streets area in Philadelphia.

Key Highlights

• 11,700‑square‑foot building constructed in 1920
• 1.3‑acre parcel
• Potential uses include manufacturing, storage, wholesale, distribution, material storage, and redevelopment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$119,674

Cap Rate

5.70%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,393,480 $2.4M

Cap Rate 7%

$1,709,629 $1.7M

Cap Rate 9%

$1,329,711 $1.3M

Is this asking price fair?

Market Conditions

NOI Build-Up for 11,700 SF

Gross rent

$153.0K $13.08/SF

− Vacancy

−$12.2K −$1.05/SF

EGI

$140.8K $12.03/SF

− OpEx

−$21.1K −$1.81/SF

NOI

$119.7K $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%

$2,393,480

Cap Rate 7%

$1,709,629

Cap Rate 9%

$1,329,711

Alternative Uses

Best Use

Warehouse

$1.71M

$1.50M – $1.99M (±1% cap)

NOI $119,674 @ 7.0% cap · market cap 5.70%

Second Best

Industrial

$1.23M

$1.07M – $1.43M (±1% cap)

NOI $85,897 @ 7.0% cap · market cap 4.09%

Theoretical Best

Multifamily LT 5

$2.85M

$2.50M – $3.33M (±1% cap)

NOI $199,659 @ 7.0% cap · market cap 9.51%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center HVAC Service Electrical Service

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

3,724

Businesses Nearby

Explore this area Business Placement

Demographics for 19140, PA

52,124

Population

23,104

Households

2.3

Avg Household Size

36

Median Age

9%

College-Educated

73%

High-School Grad

3.2 sq mi

ZIP Area

16,289

Density / Sq Mi

$33,149

Median Household Income

$31,508

Median Earnings

$1,085

Median Rent

$101,100

Median Home Value

Market

Average Price Trend$/SF for Manufacturing properties in Philadelphia, PA

$69.4 Jul

$71.64 Aug

$90.87 Sep

$112 Oct

Properties on Market for Manufacturing properties in Philadelphia

Jul

Aug

Sep

Oct

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

Similar For Sale Nearby

See more

Storefront Property with Open Warehouse

4274 Adams Avenue, Philadelphia, PA 19124

$1,500,000

13,690 SF

View details

Industrial Flex Warehouse with Paved Yard

4821 Garden St, Philadelphia, PA 19137

$1,199,000

10,446 SF

View details

14,420 SF Warehouse Property

2817 Cedar Street, Philadelphia, PA 19134

$1,050,000

View details

Mixed-Use Property with Warehouse

3649-53 N 10TH ST, Philadelphia, PA 19140

$1,400,000

8,400 SF

View details

Automotive Repair Facility with Warehouse

2200 2200-2216 N Fairhill St, Philadelphia, PA 19133

$1,199,999

17,080 SF

View details

Warehouse With Drive-In Doors

4619 Torresdale Ave, Philadelphia, PA 19124

$1,500,000

19,500 SF

View details

Cold Storage Industrial Portfolio

185 W Wyoming Ave, Philadelphia, PA 19140

$2,000,000

27,200 SF

View details

Mixed-Use Building with Income

1724 S 7TH STREET, Philadelphia, PA 19148

$1,490,000

6,480 SF

View details

For Sale Warehouse Property

10071 Sandmeyer Ln, Philadelphia, PA 19116

$3,600,000

20,000 SF

View details

Flex Space with Garage Bays

2101--2103 Germantown Avenue, Philadelphia, PA 19122

$1,250,000

24,000 SF

View details

Two-Story Industrial Warehouse Facility

4500 North 3rd Street, Philadelphia, PA 19140

$1,900,000

View details

Automotive Service Manufacturing Facility

3520 Indian Queen Ln, Philadelphia, PA 19129

$2,550,000

42,420 SF

View details

Frequently Asked Questions

What type of property is this?

Manufacturing property - The property pairs a substantial building with a separate parcel, with several potential industrial and distribution applications identified.

Where is this manufacturing property located?

The property is located at 3227- N 11TH STREET Philadelphia, PA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: 11,700‑square‑foot building constructed in 1920; 1.3‑acre parcel; Potential uses include manufacturing, storage, wholesale, distribution, material storage, and redevelopment