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    4001-03 Kensington Ave Philadelphia, PA 19124

    Sponsored
    For Lease
    Contact for pricing

    Prime Philadelphia location, 13,833 SF.

    Lot size:
    13,833 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Philadelphia property, located at 4001-03 Kensington Avenue, presents a unique investment opportunity encompassing a substantial 13,833 square feet of space. The property is zoned CMX3 within Philadelphia County, offering significant flexibility for a variety of uses. The building's classification includes both executive office and warehouse space, making it ideal for businesses requiring a blend of administrative and storage capabilities. The entire 13,833 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. Situated on a generous 1.86-acre lot, the property offers ample room for expansion, additional parking, or outdoor storage. The single-tenant occupancy ensures ease of management and streamlined operations. This property is located in Philadelphia, Pennsylvania, with a zip code of 19124. Its strategic location provides convenient access to major transportation routes and essential amenities, making it an attractive proposition for businesses seeking a prominent presence in the Philadelphia market. The substantial size and versatile zoning of this property make it a highly desirable asset for both owner-occupiers and investors seeking a strong return on investment. The property is ready for immediate occupancy.

    Property Features for 4001-03 Kensington Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,833 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    13,833 SF

    HighLights

    • 13,833 SF building on a 1.86‑acre lot.
    • Triple frontage on East Hunting Park Ave, Kensington Ave, and Worrell St.
    • Excellent signage opportunities available.
    • Ample paved parking for cars and trailers.
    • Fully fenced lot.
    • CMX‑3 zoning (Community Commercial Mixed‑Use).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -75.0931426
    Latitude
    40.006947

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    FAQs

    What type of property is this?
    Distribution property - Prime Philadelphia location, 13,833 SF.
    Where is this distribution property located?
    The property is located at 4001-03 Kensington Ave Philadelphia, PA.
    What are key features of this property?
    This property features: 13,833 SF building on a 1.86-acre lot.; Triple frontage on East Hunting Park Ave, Kensington Ave, and Worrell St.; Excellent signage opportunities available.
    Request Owner's contact information
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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
    4001-03 Kensington Ave Philadelphia, PA 19124
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