Industrial Building with Loading
For Sale
Contact for pricing
3301 Tulip St, Philadelphia, PA 19134
I2-zoned building with parking and multiple stated commercial use categories.
Property Size3,600 SF
Days on Market196
Property Features for 3301 Tulip St
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Industrial
Zoning
I2
Lease Term
NNN
Amenities
parking
loading door
Building Details
Building Size
3,600 SF
Year Built
1940
Properties For Sale
at 3301 Tulip St
Corner Warehouse Space
Size
3,600 SF
Type
Warehouse/Distribution
Term
Negotiable
Listing Agency:
Mallin Panchelli Nadel Realty Inc
Listed By:
Nadia Bilynsky · License #RS311101
(267) 546-1718
Source:
Mpnrealty
Added: Apr 11
Changed: Oct 8
Last Checked: Oct 20 at 5:42PM
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 Mallin Panchelli Nadel Realty Inc
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Investment Insights
Based on property information with market context.
This industrial building at 3301 Tulip St in Philadelphia includes on-site parking and a loading door with 6 to 8 ft of clearance. The property is governed by I2 zoning, supporting a range of stated commercial and industrial applications.
Listed use categories include warehouse operations, distribution of malt or brewed beverages, commercial and personal auto repair, vehicle rental and sales, building services, animal services, financial services, professional retail, consumer-goods maintenance and repair, radio, television and recording services, and medical marijuana growing or processing. The existing configuration and zoning provide a basis for evaluating several business formats within the permitted use framework.
Listed use categories include warehouse operations, distribution of malt or brewed beverages, commercial and personal auto repair, vehicle rental and sales, building services, animal services, financial services, professional retail, consumer-goods maintenance and repair, radio, television and recording services, and medical marijuana growing or processing. The existing configuration and zoning provide a basis for evaluating several business formats within the permitted use framework.
Key Highlights
- I2 zoning supports multiple stated commercial and industrial use categories
- Loading door provides 6 to 8 ft of clearance
- On‑site parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,430
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,600
$528.6K
Cap Rate 7%
$377,571
$377.6K
Cap Rate 9%
$293,667
$293.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$41.0K $11.40/SF
− Vacancy
−$3.3K −$0.91/SF
EGI
$37.8K $10.49/SF
− OpEx
−$11.3K −$3.15/SF
NOI
$26.4K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,600
Cap Rate 7%
$377,571
Cap Rate 9%
$293,667
Alternative Uses
Best Use
Warehouse
$526.0K
$460.3K – $613.7K
NOI $36,823 @ 7.0% cap · market cap 245,486.67%
Second Best
Industrial
$377.6K
$330.4K – $440.5K
NOI $26,430 @ 7.0% cap · market cap 176,200.00%
Theoretical Best
Multifamily LT 5
$877.6K
$767.9K – $1.02M
NOI $61,434 @ 7.0% cap · market cap 409,560.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,409
Businesses Nearby
Explore this area
Business Placement
Demographics for 19134, PA
57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Industrial property - I2-zoned building with parking and multiple stated commercial use categories.
Where is this industrial property located?
The property is located at 3301 Tulip St Philadelphia, PA.
What are key features of this property?
This property features: I2 zoning supports multiple stated commercial and industrial use categories; Loading door provides 6 to 8 ft of clearance; On‑site parking included
