4675 Duffield StPhiladelphia, PA 19124

Property Details for 4675 Duffield St

Year built

1925

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 AC

Property size (Sq ft)

2,574 SF

Zone code

RSA5

Property type

Retail properties

Property subtype

Auto shops

APN

88-2-0028-80

APU

882002880

Description

This thriving Philadelphia auto body shop, repair, and used car sales business presents a rare investment opportunity. Established for 48 years, with 40 years under current ownership, this turnkey operation boasts a loyal customer base and significant revenue potential. The 3,500 square foot facility, built in 1925 and situated on a 0.22-acre lot, is in excellent condition, featuring a newer roof (serviced annually), two 10x10 insulated overhead doors, and a state-of-the-art security system with cameras. Included in the sale is a comprehensive suite of high-quality equipment: a Unibody Frame Rack with a 3 Tower Frame Machine, a Hercules 6000 lb Mid-Rise Floor Lift, two Quincy Air Compressors, a Compressed Air Drying System, a 4-Stage Desiccant System for the Spray Booth, a cross-draft spray booth with daylight lighting, and a Philadelphia Air Pollution License. A 20-foot shipping container provides additional storage. Essential business licenses for Vehicle Repair and Hazardous Materials are also included. This property offers ample space and redevelopment potential, making it an ideal acquisition for an ambitious buyer seeking a well-established, fully-equipped business with a strong history and significant upside. The asking price is $665,000.

• CAP approach

  CAP return

  Valuation

  6%

  $718,663

  6.5%

  $663,381

  7%

  $615,997

• Comparable approach

  Method

  Valuation

  Relative Method

  $847,524

  Geo Method

  $847,524

• Alternative Use

  Use

  Valuation

  Residential

  $559,587

  Hospitality

  $512,578

  Educational

  $426,459

  Medical

  $441,126

  Retail

  $663,381

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0149

Longitude

-75.081

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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