You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,410,000
Flex space

1600 American St 24 Philadelphia, PA 19122-3100

11,563 SF 0.66 ac lot Built 2015
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-4331579
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,563 SF
Lot 0.66 ac (28,589 SF)
Zoning code ICMX
APN 88-4-5907-55
UPID US73-4331579
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Veyko Design Construction Company General Contractor
  • Neely Architecture Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$1.41M
Owner & transaction history
Pidc Financing Corp · 10 yrs held
Pidc Financing Corp
since 2015
3 recorded transactions
2015
Price N/A
2008
$200,000
1969
Price N/A
Zoning & alternative use
ICMX · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $2.1M +26.4%
Retail stores $2.0M +16.8%
Auto repair, garage $1.8M +7.5%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1600 American St, Unit 24?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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