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    Piers 38 Philadelphia, PA 19148

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    For Sale
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    180,000 SF Warehouse, Excellent Location

    Property size:
    180,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, Piers 38, offers 180,000 square feet of warehouse and distribution space in a highly desirable Philadelphia location. Built in 1920, this two-story building boasts 20 loading docks, ensuring efficient and seamless operations. The high ceilings, measuring 20 feet, provide ample vertical space for storage and handling of various goods. Its strategic location provides unparalleled access to major transportation arteries, including I-95, I-676, I-76, the New Jersey Turnpike, I-476, and I-276. This prime location offers seamless cross-state connectivity between Pennsylvania and New Jersey via several key bridges, including the Walt Whitman Bridge, Benjamin Franklin Bridge, Tacony-Palmyra Bridge, Burlington-Bristol Bridge, Commodore Barry Bridge, and the Betsy Ross Bridge. This property presents a unique opportunity for businesses seeking a well-established, strategically located warehouse facility in the heart of Philadelphia's bustling industrial sector. The single building structure simplifies management and operations, while the substantial square footage allows for significant storage capacity and operational flexibility. This is an ideal location for last-mile distribution needs.

    Property Features for 0 Piers 38

    General Information

    Property type
    Distribution properties
    Square Feet
    180,000 SF

    Building Details

    Year Built
    1920
    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1487007
    Latitude
    39.9120596

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    FAQs

    What type of property is this?
    Distribution property - 180,000 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at Piers 38 Philadelphia, PA.
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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
    Piers 38 Philadelphia, PA 19148
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