1001 Venango St Philadelphia, PA 19134
- Flex space
- 28,685 SF
- 1.20 lot acres
Current Use by Public Records
- Flex space
Property Details for 1001 Venango St
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.20 lot acres
- Property size
- 28,685 SF
- Zone code
- I2
- Property type
- Flex space
- APN
- 88-4-1080-00
- APU
- 884108000
Description
This ±4.65-acre property, located at 1001-1021 E. Venango St., 1125 E. Venango St., and 1131-1133 E. Venango St. in Philadelphia, PA 19134, presents a significant industrial redevelopment opportunity. Zoned I-2 Industrial, this vacant site offers unparalleled access to major transportation arteries. Its strategic location, just 6.2 miles from Center City Philadelphia and 1.5 miles from I-95, ensures seamless connectivity. The property's proximity to the Port of Philadelphia and a diverse range of amenities further enhances its appeal. This urban infill site benefits from a large potential workforce, with over 2.3 million people residing within a 10-mile radius, contributing to a robust and thriving economic environment. This is a rare chance to capitalize on Philadelphia's dynamic industrial market and create a significant development. The property's size and location make it ideal for a variety of industrial uses. Don't miss this chance to establish a presence in a key Philadelphia location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $305,000
- 6.5%
- $265,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $240,000
- Mixed-Use
- $235,000
- Hospitality
- $240,000
- Educational
- $250,000
- Residential Income
- $240,000
- Energy
- $235,000
- Income-Based Land
- $300,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1096
- Latitude
- 40.0025
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA