Property profile

1603 5th St 15 Philadelphia, PA 19122

OFF-MARKET
Warehouses
Property ID
US73-2458928
24,370 SF 0.59 ac lot Built 1953
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 24,370 SF
Lot 0.59 ac (25,500 SF)
Zoning code IRMX
APN 88-4-0802-00
UPID US73-2458928

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1603 5th St, Unit 15 Philadelphia, PA 19122-2907
Philadelphia metro Census 15600 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.77M
Blend (final) Blend
$1.72M

Owner & transaction history

since 2011
3 recorded transactions
2011
$550,000
2011
Price N/A
2010
$350,000

Zoning & alternative use

IRMX · Philadelphia, PA
Zoning description

IRMX, Industrial Residential Mixed-Use District. The IRMX, Industrial Residential Mixed-Use district is primarily intended to accommodate a mix of very low-impact industrial uses, including artists and artisan industrial…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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