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    3503 Lawrence St Philadelphia, PA 19140

    For Sale
    $520,000

    6,800 SF Flex Warehouse, Value-Add Opportunity

    Property size:
    6,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This vacant, 6,800-square-foot flex warehouse in Philadelphia, PA, presents a compelling value-add opportunity for owner-users. Located on a 0.28-acre lot at 3503 N Lawrence St (APN 884341197), this single-story, 1939-built Class C building offers three loading docks, 12-foot ceiling heights, and 200A power. The property features dry storage, a small office, and secure, gated outside storage. The 8-inch floors and spacious layout (40' column widths) provide ample room for various industrial uses. Conveniently situated near major thoroughfares including Routes 95, 76, and 1, this property benefits from easy access to public transportation, multiple parks, and national and local retailers. Sewer and water are available on-site. The property is zoned for industrial use and is available for immediate occupancy (October 3, 2023). Priced at $520,000 ($76.47/SF), this represents a strong investment in a rapidly redeveloping industrial corridor. The property is for sale by owner.

    Property Features for 3503 Lawrence St

    General Information

    Property type
    Distribution properties
    Square Feet
    6,800 SF
    Class
    C
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1939
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 6,800 SF flex warehouse, vacant and available for immediate occupancy (October 3, 2023).
    • Located on a 0.28‑acre lot in Philadelphia, PA at 3503 N Lawrence St (APN 884341197).
    • Features three loading docks, 12‑foot ceilings, and 200A power.
    • Includes dry storage, a small office, and secure, gated outside storage.
    • Priced at $520,000 ($76.47/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    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
    -75.13641639
    Latitude
    40.00504095

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    FAQs

    What type of property is this?
    Distribution property - 6,800 SF Flex Warehouse, Value-Add Opportunity
    Where is this distribution property located?
    The property is located at 3503 Lawrence St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: 6,800 SF flex warehouse, vacant and available for immediate occupancy (October 3, 2023).; Located on a 0.28-acre lot in Philadelphia, PA at 3503 N Lawrence St (APN 884341197).; Features three loading docks, 12-foot ceilings, and 200A power.
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    3503 Lawrence St Philadelphia, PA 19140
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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
    3503 Lawrence St Philadelphia, PA 19140
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