Industrial Warehouse Redevelopment
3227-53 & 3255 N 11th Street, Philadelphia, PA 19140
A 1.3-acre Philadelphia warehouse property offers flexible building uses and space for industrial storage and development plans.
Type:Commercial
Property size:
11,700 SFLot size:
1.30 AcresPrice / SF:
$187/SF- Added:
- Oct 29, 2025
- Days on Market:
- 229
- Last Refresh:
- Jun 13 at 2:33 am
Property Features for 3227-53 & 3255 N 11th Street
General Information
- Standard status
- Active
- Size
- 11,700 SF
- Lot size
- 1.30 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing agent Danielle Mancini
Listing office EveryHome Realtors
Listing date Oct 29, 2025
Source Deepcreeklake
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
HighLights
- 1.3‑acre parcel in Philadelphia with an 11,700 SF building
- Building offers flexible use options including industrial, storage, manufacturing, wholesale, and distribution (buyer to verify with the City of Philadelphia)
- Property includes space suitable for material storage yards and buildings
- Close to Temple University and Broad & Allegheny Streets
- Opportunity Zone location in the City of Philadelphia with incentives reported for this location (buyer to verify)
Overview
The property is a 1.3-acre parcel improved with an approximately 11,700 SF warehouse building. The offering is positioned as a flexible industrial asset that may support uses including industrial and storage, manufacturing, wholesale, distribution, and material storage yards and buildings. The building and site are also being marketed with redevelopment as a potential direction, with prospective buyers encouraged to confirm applicable options and requirements with the City of Philadelphia.
The site is located in Philadelphia, with remarks noting close proximity to Temple University and Broad & Allegheny Streets. Public remarks also indicate that the location is within Philadelphia opportunity zones and that incentives may be available. Because permitted uses and incentive eligibility can vary by project and zoning, interested parties should verify the details with the appropriate city agencies.
For industrial and logistics operators, manufacturers, or owners exploring a flexible re-use plan, the warehouse configuration and included land area can support a range of storage and distribution-oriented concepts, subject to local approval. For investors and developers, the parcel’s size and stated redevelopment possibility may appeal to those evaluating light industrial redevelopment paths, with the understanding that final permitted uses must be confirmed with the City of Philadelphia.
The site is located in Philadelphia, with remarks noting close proximity to Temple University and Broad & Allegheny Streets. Public remarks also indicate that the location is within Philadelphia opportunity zones and that incentives may be available. Because permitted uses and incentive eligibility can vary by project and zoning, interested parties should verify the details with the appropriate city agencies.
For industrial and logistics operators, manufacturers, or owners exploring a flexible re-use plan, the warehouse configuration and included land area can support a range of storage and distribution-oriented concepts, subject to local approval. For investors and developers, the parcel’s size and stated redevelopment possibility may appeal to those evaluating light industrial redevelopment paths, with the understanding that final permitted uses must be confirmed with the City of Philadelphia.
Local 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 | $153.0k | $13.08 |
| − Vacancy | −$12.2k | −$1.05 |
| EGI | $140.8k | $12.03 |
| − OpEx | −$21.1k | −$1.81 |
| NOI | $119.7k | $10.23 |
11,700 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.71M
$1.50M – $1.99M
NOI $119,674 @ 7.0% cap · market cap 5.44%
Second Best
Industrial
$1.23M
$1.07M – $1.43M
NOI $85,897 @ 7.0% cap · market cap 3.91%
Theoretical Best
Multifamily LT 5
$2.85M
$2.50M – $3.33M
NOI $199,659 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar Places Nearby
- FlexBox Mobile Storage — 1800 w indiana ave, philadelphia, pa 19132
- Self-Storage at U-Haul — 747 W Allegheny Ave, Philadelphia, PA 19133
- SecureSpace Self Storage Philadelphia Glenwood — 2501 N 15th St, Philadelphia, PA 19132
- Nearby Self Storage Units - Philadelphia , Pennsylvania — 3227 n 11th st, philadelphia, pa 19140
- Hyde Park Storage Unit — 1300 w wishart st, philadelphia, pa 19132
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.147104
- Latitude
- 40.001845
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - A 1.3-acre Philadelphia warehouse property offers flexible building uses and space for industrial storage and development plans.
Where is this warehouse located?
The property is located at 3227-53 & 3255 N 11th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: 1.3‑acre parcel in Philadelphia with an 11,700 SF building; Building offers flexible use options including industrial, storage, manufacturing, wholesale, and distribution (buyer to verify with the City of Philadelphia); Property includes space suitable for material storage yards and buildings
