Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

1600 American St, Unit 24 Philadelphia, PA 19122-3100

  • Flex space
  • 11,563 SF
  • 0.66 lot acres
OFF-MARKET
Value Estimations
$1,410,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-4331579
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Veyko Design / Construction Company / General Contractor
  • Neely Architecture / Architect

Property Details for 1600 American St

Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.66 lot acres
Property size
11,563 SF
Zone code
ICMX
Property type
Flex space
APN
88-4-5907-55
APU
884590755

Description

This exceptional 12,050-square-foot flex space at 1600 N American St, Philadelphia, PA 19122, is offered at $5,000,000 ($414.94/sq ft). The property, situated on a 28,589-square-foot lot, boasts a single building renovated in 2015 and features flexible ICMX zoning, allowing for diverse industrial and commercial uses. The warehouse includes an 8,050-square-foot main factory floor with 24-foot ceilings, a 2,000-square-foot support area encompassing office space, a kitchen, and restrooms, plus a 2,000-square-foot mezzanine for added storage or office space. Outdoor amenities include parking for twelve cars and multiple trucks, along with a 600-square-foot picnic area. The current owner is open to a one- to two-year leaseback arrangement at market rates, with a lease option also available. This prime location on the burgeoning North American Street corridor presents a unique owner-user opportunity. The property is currently vacant.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,696,000
    Market price range: $761k - $3.49M
    AI Estimate
    $1,127,000
    Market price range: $294k - $2.24M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $1,695,000
    Current use
    NEIGHBORHOOD: SHOPPING CENTER
    $2,145,000
    Change: +26% Conversion: Difficult
    RETAIL STORES
    $1,985,000
    Change: +17% Conversion: Moderate
    AUTO REPAIR, GARAGE
    $1,825,000
    Change: +7% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Philadelphia
County
Philadelphia
State
Pennsylvania
Longitude
-75.1401
Latitude
39.9754
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,791
$0.00
$0.00
$0.00
-
$0.00
$0.00
$1,711,300
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message