1331 Robinson StPhiladelphia, PA 19151

Property Details for 1331 Robinson St

Year built

1925

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

2,280 SF

Zone code

RSA5

Property type

Retail properties

Property subtype

Parking lots & garages

APN

34-2-2696-00

APU

342269600

Description

This exceptional opportunity presents a 2,700-2,850 square foot industrial flex space located at 1331 N Robinson St, Philadelphia, PA 19151. Currently vacant, this property offers a unique blend of functionality and potential. The property features a large garage, perfect for equipment and material storage, or automotive use. Access is via a driveway off Robinson Street, behind homes, and secured by a chain link fence and gate. The single-bay garage offers ample space. Its location offers easy access to major arteries like Master and Haverford Avenues, and is just blocks from Carroll Park. The property is zoned RSA5, presenting the possibility of building a private house on the lot, subject to buyer's due diligence regarding water and sewer connections. The buyer is responsible for conducting all necessary due diligence regarding water access and sewer connection. Note that the driveway is adjacent to 1329 N Robinson St. This property is priced at $86,500 and represents a compelling investment opportunity in a desirable West Philadelphia location.

• CAP approach

  CAP return

  Valuation

  6%

  $943,753

  6.5%

  $871,157

  7%

  $808,931

• Comparable approach

  Method

  Valuation

  Relative Method

  $750,720

  Geo Method

  $750,720

• Alternative Use

  Use

  Valuation

  Residential

  $734,853

  Hospitality

  $673,122

  Educational

  $560,029

  Medical

  $579,290

  Retail

  $871,157

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

39.9722

Longitude

-75.2418

CBSA code

37980

CBSA name

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

Property Tax & Assessments

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