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Property profile & analytics
OFF-MARKET
Warehouses

2509-2537 Broad St Philadelphia, PA 19132

97,905 SF 3.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional industrial property, located at 2509-2537 N Broad Street in Philadelphia, Pennsylvania, offers 97,905 square feet on a 3.18-acre lot. The property boasts prime visibility with direct frontage on Broad Street (approximately 110 feet) and Cumberland Street (approximately 106 feet). Currently zoned CMX-3/I-2 (Commercial Mixed Use/Industrial) by the City of Philadelphia, it benefits from existing approvals for the construction of 118 residential units. The site's strategic location provides immediate access to the North Broad Street train station. Further enhancing its appeal, this property is situated within a Qualified Opportunity Zone (QOZ), and the potential exists for utilizing historically preserved tax credits for a portion of the site. Detailed environmental reports and surveys are available upon request for qualified buyers. The estimated 2023 property taxes are $40,069. The owner is open to considering the sale of each building individually. This presents a unique opportunity for investors seeking a high-profile location with significant development potential.

Property profile
Verified
Property type Warehouses
Total area 97,905 SF
Lot 3.18 ac (138,521 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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