401-11 Allegheny Ave Philadelphia, PA 19134
This exceptional Philadelphia industrial property, located at 401-11 E Allegheny Avenue, offers 76,560 square feet on a 1.32-acre lot. The building features a mix of warehouse and manufacturing space, boasting a three-story section with 17-foot ceiling heights throughout and a two-story section with approximately 15-foot and 19-foot ceiling heights. Constructed of reinforced concrete with a mushroom cap pillar design, the property includes multiple drive-in doors for convenient access. The site provides ample outdoor space for approximately 40 vehicles. Benefiting from its location, the property enjoys significant street frontage: approximately 503 feet on C Street, and 121 feet each on Westmoreland and Allegheny Avenues. Convenient curb cuts are located on Allegheny Avenue and C Street. The property is zoned I2 by the City of Philadelphia and is designated a Qualified Opportunity Zone (QOZ). Estimated 2021 taxes were $9,436.05. This versatile property is available for sale or lease and presents a unique opportunity for various industrial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.