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    2135 Westmoreland St Philadelphia, PA 19134

    Sponsored
    For Lease
    $5 SF/Yr

    Prime Philadelphia industrial space. Ideal for large-scale operations.

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 50,000-square-foot warehouse, located at 2135 East Westmoreland Street in Philadelphia, Pennsylvania (zip code 19134), presents a significant opportunity for businesses seeking expansive industrial space. Situated on a generous 2.9-acre lot in Philadelphia County, this single-tenant property offers ample room for storage, distribution, or manufacturing. The warehouse boasts a 15-foot ceiling height, providing generous vertical space for efficient operations and high-stacking capabilities. Three loading docks ensure smooth and efficient loading and unloading of goods, minimizing downtime and maximizing productivity. The entire 50,000 square feet is currently vacant, providing immediate occupancy for a new tenant. This property is perfectly suited for a variety of industrial uses and represents a rare opportunity to secure a substantial, well-located warehouse in a thriving Philadelphia market. The property's address is easily accessible via major transportation routes, offering convenient access to the city's extensive infrastructure and surrounding areas. This is a turnkey solution for businesses seeking a large, functional, and strategically located warehouse in Philadelphia.

    Property Features for 2135 Westmoreland St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF
    Total Rate
    23958.33

    Unit(s) available at that property

    Space
    Available space
    Size
    50,000 SF
    Rate per SF
    $5

    HighLights

    • I‑2 Medium Industrial zoning in Philadelphia.
    • $45,520 estimated annual property taxes (2023).
    • Three tailgate loading docks.
    • 15‑foot clear ceiling height.
    • Natural gas‑fired, ceiling‑mounted unit heaters.
    • Convenient access to SEPTA routes 5, 60, and the Market‑Frankford Line.
    Property Profile Location Intelligence

    Current Use by Public Records

    John Pomp Studios Furniture Maker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -75.1054623
    Latitude
    39.9935558

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    FAQs

    What type of property is this?
    Distribution property - Prime Philadelphia industrial space. Ideal for large-scale operations.
    Where is this distribution property located?
    The property is located at 2135 Westmoreland St Philadelphia, PA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: I-2 Medium Industrial zoning in Philadelphia.; $45,520 estimated annual property taxes (2023).; Three tailgate loading docks.
    Request Owner's contact information
    2135 Westmoreland St Philadelphia, PA 19134
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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
    2135 Westmoreland St Philadelphia, PA 19134
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