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    1001-13 Glenwood Ave Philadelphia, PA 19133

    Sponsored
    For Sale
    $4,000,000

    High-volume car wash, 166K SF, 3.83 acres

    Property size:
    166,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving car wash facility in Philadelphia, Pennsylvania. Located at 1001-13 W Glenwood Avenue, this fee-simple property boasts a substantial 166,834 square feet on a 3.83-acre lot. Built in 1990 and zoned I2, the property offers significant potential for expansion or repurposing. The existing structure includes ample space for various uses, including the current car wash operation. The property also features 60 parking spaces, providing convenient access for customers and employees. The asking price is $4,000,000, translating to $23.98 per square foot. This prime location in the Fairhill neighborhood offers excellent visibility and accessibility. The property's large lot size also allows for flexible use options, including truck and trailer parking, and a 45x45x20 ft Butler building suitable for storage or conversion into additional workspace. This versatile property presents a rare opportunity for investors seeking a high-return investment in a desirable location. The property's APN is 885651860. This single-tenancy property is a strong contender for a variety of business ventures.

    Property Features for 1001-13 Glenwood Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    166,834 SF
    Lot Size
    166,835 SF

    Building Details

    Year Built
    1990

    HighLights

    • $4,000,000 asking price for a fee simple interest.
    • 166,834 square foot car wash on a 3.83‑acre lot.
    • Located at 1001‑13 W Glenwood Ave, Philadelphia, PA 19133.
    • Single‑tenant occupancy.
    • $23.98 price per square foot.
    • Built in 1990, with I2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -75.1447367
    Latitude
    40.0003854

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    FAQs

    What type of property is this?
    Automotive property - High-volume car wash, 166K SF, 3.83 acres
    Where is this automotive property located?
    The property is located at 1001-13 Glenwood Ave Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: $4,000,000 asking price for a fee simple interest.; 166,834 square foot car wash on a 3.83-acre lot.; Located at 1001-13 W Glenwood Ave, Philadelphia, PA 19133.
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    Philadelphia, PA 19133
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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
    1001-13 Glenwood Ave Philadelphia, PA 19133
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