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    5231-53 Whitby Ave Philadelphia, PA 19143

    For Lease
    Contact for pricing

    Philadelphia Flex Space: 19,680 SF Available

    Lot size:
    19,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Philadelphia County industrial property, located at 5231-53 Whitby Avenue, presents a significant opportunity for businesses seeking flexible space. The property boasts a total building area of 19,680 square feet, currently entirely vacant and ready for immediate occupancy. The building is configured for flexible use, suitable for a variety of commercial and industrial operations. The space is divisible over two floors, offering adaptability to suit diverse tenant needs. The property sits on a sizable 22,500 square foot lot, providing ample outdoor space for storage, loading, or expansion. The ICMX zoning designation allows for a range of commercial and mixed-use developments, enhancing the property's versatility and potential. This single-tenant building offers a unique chance to establish a significant presence in a prime Philadelphia location. The substantial square footage, combined with the flexible zoning and ample lot size, makes this an ideal location for businesses requiring both indoor and outdoor space. The property's vacant status allows for complete customization to meet specific operational requirements. Interested parties are encouraged to explore the possibilities this property offers. The property's size and zoning make it suitable for a wide range of industrial and commercial uses. The large lot size offers significant potential for future expansion or development.

    Property Features for 5231-53 Whitby Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,680 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    19,680 SF

    HighLights

    • 19,680 SF industrial flex space available for lease in Philadelphia County.
    • Single‑tenant occupancy.
    • Building sits on a 22,500 SF lot.
    • Zoned ICMX (Industrial Commercial Mixed‑Use).
    • Space is divisible across two floors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -75.228036
    Latitude
    39.946771

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    FAQs

    What type of property is this?
    Flex space - Philadelphia Flex Space: 19,680 SF Available
    Where is this flex space located?
    The property is located at 5231-53 Whitby Ave Philadelphia, PA.
    What are key features of this property?
    This property features: 19,680 SF industrial flex space available for lease in Philadelphia County.; Single-tenant occupancy.; Building sits on a 22,500 SF lot.
    Request Owner's contact information
    5231-53 Whitby Ave Philadelphia, PA 19143
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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
    5231-53 Whitby Ave Philadelphia, PA 19143
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