Property profile

1615 Delaware Ave 31 Philadelphia, PA 19125

OFF-MARKET
Truck terminals
Property ID
US73-2505968
17,149 SF 1.05 ac lot Built 1926
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1926
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,149 SF
Lot 1.05 ac (45,912 SF)
Zoning code ICMX
APN 88-4-5871-00
UPID US73-2505968

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company

Location

1615 Delaware Ave, Unit 31 Philadelphia, PA 19125-4318
Philadelphia metro Census 14300 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.94M

Owner & transaction history

since 2022
Last sale
$6.5M
2 recorded transactions
2022
$6.5M
2008
Price N/A

Zoning & alternative use

ICMX · Philadelphia, PA
Zoning description

ICMX, Industrial Commercial Mixed-Use District. 299 The ICMX, Industrial Commercial Mixed-Use district is primarily intended to accommodate commercial and low-impact industrial uses. The district may serve as a buffer be…

General category MIXED_USE
Top alternative use upside
Apartment house (5+ units) $4.2M +289.9%

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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