Philadelphia Warehouse with Heavy Industrial
For Sale
Contact for pricing
67 Queen Lane, Philadelphia, PA 19144
11,881 SF warehouse in Germantown, Philadelphia with I-2 zoning.
Property Size11,881 SF
Price / SF$84.08
Days on Market164
Property Features for 67 Queen Lane
General Information
Standard status
Active
Size
11,881 SF
Property subtype
Industrial
Listing Agency:
TCS Management Services
(215) 383-1439
Listed By:
Moshe Adika · License #PA AB069795
Source:
Crexi
Added: Feb 18
Changed: Jul 6
Last Checked: Jul 31 at 1:02PM
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 TCS Management Services
Investment Insights
Based on property information with market context.
This 11,881 square foot, single-story warehouse is located in the Germantown section of Philadelphia. The property features high ceilings and multiple roll-up loading doors. It is suited for manufacturing, distribution, storage, contractor use, or heavy industrial operations. The zoning has been upgraded to I-2 (Heavy Industrial), allowing for a wide range of intensive industrial uses and offering flexibility for owner-users and tenants. The building offers operational functionality with an efficient open floor layout and ground-level loading access, with customization potential based on business needs. A lease option is available at $8,500 NNN. The property is located within a 5–10 minute drive to Roosevelt Boulevard, providing access to major transportation corridors and regional distribution routes.
Key Highlights
- 11,881 sq ft single‑story warehouse in Germantown, Philadelphia.
- Upgraded I‑2 (Heavy Industrial) zoning allows for a wide range of intensive industrial uses.
- Multiple roll‑up loading doors and high ceilings ideal for manufacturing, distribution, storage, or heavy industrial operations.
Financial Insights For Industrial
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 | $135.4k | $11.40 |
| − Vacancy | −$10.8k | −$0.91 |
| EGI | $124.6k | $10.49 |
| − OpEx | −$37.4k | −$3.15 |
| NOI | $87.2k | $7.34 |
11,881 SF · lease $11.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.74M
$1.52M – $2.03M
NOI $121,526 @ 7.0% cap · market cap 12.16%
Second Best
Industrial
$1.25M
$1.09M – $1.45M
NOI $87,226 @ 7.0% cap · market cap 8.73%
Theoretical Best
Multifamily LT 5
$2.90M
$2.53M – $3.38M
NOI $202,748 @ 7.0% cap · market cap 20.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,816
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 19144, PA
44,481
Population
23,583
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
90%
High-School Grad
3.6 sq mi
ZIP Area
12,356
Density / Sq Mi
$45,727
Median Household Income
$36,020
Median Earnings
$1,110
Median Rent
$224,600
Median Home Value
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 11,881 SF warehouse in Germantown, Philadelphia with I-2 zoning.
Where is this warehouse located?
The property is located at 67 Queen Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 11,881 sq ft single‑story warehouse in Germantown, Philadelphia.; Upgraded I‑2 (Heavy Industrial) zoning allows for a wide range of intensive industrial uses.; Multiple roll‑up loading doors and high ceilings ideal for manufacturing, distribution, storage, or heavy industrial operations.
