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Philadelphia Warehouse with Heavy Industrial Zoning

67 Queen Lane Philadelphia, PA 19144

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11,881 SF warehouse in Germantown, Philadelphia with I-2 zoning.

Type:Industrial
Property size:
11,881 SF
Price / SF:
$84/SF
Added:
Feb 18, 2026
Days on Market:
143
Last Refresh:
Jul 4 at 7:49 am

Property Features for 67 Queen Lane

General Information

Standard status
Active
Size
11,881 SF
Property subtype
Industrial

Listing office TCS Management Services

Listing date Feb 18, 2026

Source Crexi

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.

Local 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 (±1% cap)
NOI $121,526 @ 7.0% cap · market cap 12.16%
Second Best
Industrial
$1.25M
$1.09M – $1.45M (±1% cap)
NOI $87,226 @ 7.0% cap · market cap 8.73%
Theoretical Best
Multifamily LT 5
$2.90M
$2.53M – $3.38M (±1% cap)
NOI $202,748 @ 7.0% cap · market cap 20.30%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Real Estate Agency Law Firm Accounting Firm Big Box & Wholesale Store Bakery Parking Lot & Garage Travel Agency Carpet & Flooring Store Catering Service Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

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FAQs

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.
Contact an agent
(215) 383-1439 Call to check price and availability
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