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    3061 61St St Philadelphia, PA 19153

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    For Lease
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    4.04 Acres, I-95 & I-76 Access

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.04-acre industrial land parcel presents a unique investment opportunity in Southwest Philadelphia. Boasting approximately 286 feet of frontage, the property is ideally situated for convenient access to major transportation arteries, including Interstates 95 and 76. Its strategic location offers significant advantages for businesses requiring seamless connectivity to regional and national distribution networks. The site is zoned I2 – Medium Industrial by the City of Philadelphia, allowing for a variety of industrial uses. The single-tenant property provides flexibility for development or expansion plans. Furthermore, its proximity to key infrastructure, including the Walt Whitman Bridge, Philadelphia International Airport, and Center City Philadelphia (all within a 10-mile radius), enhances its appeal and potential for substantial return on investment. The property's size and location make it an attractive prospect for businesses seeking a strategic foothold in a thriving industrial market. Detailed zoning information and development possibilities are available upon request. This is a rare opportunity to acquire a significant industrial land holding in a highly desirable location. The total building square footage is currently listed as 1 square foot, indicating the land is primarily undeveloped and ready for development.

    Property Features for 3061 61St St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    3061 S 61st Street
    Size
    0 SF

    HighLights

    • I‑2 Medium Industrial zoning (City of Philadelphia).
    • 286' of frontage on S 61st Street (approx.).
    • Estimated 2024 taxes: $14,785.
    • Excellent Southwest Philadelphia location; immediate I‑95 & I‑76 access; within 10 miles of Walt Whitman Bridge, PHL Airport, and Center City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2172075
    Latitude
    39.9224908

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    FAQs

    What type of property is this?
    Land - 4.04 Acres, I-95 & I-76 Access
    Where is this land located?
    The property is located at 3061 61St St Philadelphia, PA.
    What are key features of this property?
    This property features: I-2 Medium Industrial zoning (City of Philadelphia).; 286' of frontage on S 61st Street (approx.).; Estimated 2024 taxes: $14,785.
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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
    3061 61St St Philadelphia, PA 19153
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