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    827 Spring Garden St Philadelphia, PA 19123

    For Lease
    Contact for pricing

    17,950 SF Warehouse, 11 Parking Spots

    Lot size:
    17,950 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 17,950-square-foot warehouse property is situated at 827 Spring Garden Street in Philadelphia, Pennsylvania, within Philadelphia County, zip code 19123. The single-tenant industrial building boasts a highly visible corner location at the signalized intersection of North 9th and Spring Garden Streets, providing substantial retail exposure along Spring Garden Street. The property offers a versatile layout including extensive office space, warehouse space, and flexible areas suitable for a variety of uses, extending along North 9th Street. The building provides ample parking with 11 spaces available. This location benefits significantly from its position within the rapidly developing Spring Garden corridor, an area experiencing substantial growth with over $1 billion in new projects underway. This surge in development is bringing thousands of new residential units, office spaces, and retail establishments to the neighborhood, creating a dynamic and thriving commercial environment. The property's strategic location and versatile space make it an ideal investment opportunity for businesses seeking a prominent presence in a rapidly expanding area of Philadelphia. The property is classified as an industrial warehouse and is a single-tenant occupancy.

    Property Features for 827 Spring Garden St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,950 SF

    Unit(s) available at that property

    Space
    Size
    22,851 SF

    HighLights

    • 17,950‑square‑foot warehouse at 827 Spring Garden Street, Philadelphia, PA 19123.
    • High‑visibility corner location at a signalized intersection with excellent retail exposure.
    • Versatile layout with office, warehouse, and flexible space.
    • 11 parking spaces.
    • Located in the rapidly developing Spring Garden corridor with over $1 billion in new projects underway.
    • Single‑tenant occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sherwin-Williams Commercial Paint ... Paint Store

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Law Firm Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1525771
    Latitude
    39.9620832

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    FAQs

    What type of property is this?
    Distribution property - 17,950 SF Warehouse, 11 Parking Spots
    Where is this distribution property located?
    The property is located at 827 Spring Garden St Philadelphia, PA.
    What are key features of this property?
    This property features: 17,950-square-foot warehouse at 827 Spring Garden Street, Philadelphia, PA 19123.; High-visibility corner location at a signalized intersection with excellent retail exposure.; Versatile layout with office, warehouse, and flexible space.
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    827 Spring Garden St Philadelphia, PA 19123
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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
    827 Spring Garden St Philadelphia, PA 19123
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