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    4234-42 Macalester St Philadelphia, PA 19124

    Sponsored
    For Sale
    Contact for pricing

    Prime Northeast Philly industrial space. Ready for immediate occupancy.

    Property size:
    6,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,400-square-foot, single-story Class B flex space presents a unique investment opportunity in Philadelphia's desirable Northeast submarket. Built in 1965, the property sits on an 11,287-square-foot lot and is zoned I2, allowing for diverse commercial uses. The building boasts a 12-foot ceiling height and includes one loading dock. Currently configured as an event space, the property is equipped with fixtures, furniture, and equipment available for purchase, making it move-in ready. Its convenient location offers excellent accessibility and high visibility, situated within a thriving commercial corridor and close to major thoroughfares. Ample on-site parking is complemented by additional off-street parking options. Recently passing all fire certifications, this property ensures compliance and peace of mind for the new owner. This versatile space offers significant potential for a variety of businesses seeking a well-located, functional property in a thriving area.

    Property Features for 4234-42 Macalester St

    General Information

    Property type
    Flex space
    Square Feet
    6,400 SF
    Class
    B

    Building Details

    Year Built
    1965
    Stories
    1

    HighLights

    • 6,400 SF flex industrial building in Philadelphia, PA.
    • Class B construction, built in 1965, single‑story.
    • Located on an 11,287 SF lot, zoned I2.
    • Features one loading dock and 12' ceiling height.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1207834
    Latitude
    40.01454

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    FAQs

    What type of property is this?
    Flex space - Prime Northeast Philly industrial space. Ready for immediate occupancy.
    Where is this flex space located?
    The property is located at 4234-42 Macalester St Philadelphia, PA.
    What are key features of this property?
    This property features: 6,400 SF flex industrial building in Philadelphia, PA.; Class B construction, built in 1965, single-story.; Located on an 11,287 SF lot, zoned I2.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4234-42 Macalester St Philadelphia, PA 19124
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