3435 5Th St Philadelphia, PA 19140
- Warehouses
- 8,601 SF
- 0.63 lot acres
Current Use by Public Records
- Warehouses
Property Details for 3435 5Th St
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.63 lot acres
- Property size
- 8,601 SF
- Zone code
- I2
- Property type
- Warehouses
- APN
- 88-4-3411-97
- APU
- 884341197
Description
This exceptional 9,500-square-foot industrial property, located at 3435 N 5th Street in Philadelphia, PA, presents a unique owner-user opportunity. The single-story, Class B building, constructed in 1950 and renovated in 2021, sits on a 0.62-acre lot and boasts 18-foot clear ceiling heights and a robust 400A power supply. The property features one loading dock, a 12' x 14' roll-up door, and ample secured outdoor storage (17,500 SF) within a gated, paved, and well-lit yard. Inside, you'll find approximately 1,000 square feet of office space and shop bathrooms. The building's floor is 8 inches thick, and the column width is 40 feet. Conveniently located near Route 1 and Route 76, providing easy access to I-95 and the city's surrounding areas, this property also benefits from proximity to public transportation and the metro. The property is zoned for industrial use and is currently vacant, with an asking price of $790,000 ($83.16/SF). This represents a compelling investment for owner-occupants seeking a well-maintained, strategically located industrial space. The property is available immediately.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $190,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $290,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $320,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $305,000
- Mixed-Use
- $255,000
- Hospitality
- $305,000
- Educational
- $285,000
- Residential Income
- $310,000
- Energy
- $260,000
- Income-Based Land
- $270,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1371
- Latitude
- 40.0043
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA