1646 S 51St St Philadelphia, PA 19143
For Sale
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This exceptional 12-acre site in Philadelphia, PA, presents a prime opportunity for warehouse development. Located at 1646 S. 51st Street, this I-2 zoned property boasts 165,000 square feet, offering significant potential for a large-scale warehouse or industrial facility. The property includes 38 loading docks, 41 dock-high doors, and a substantial 36-foot ceiling height, ideal for various industrial uses. Ample parking is provided with 177 spaces, featuring separate ingress/egress from the trailer loading area. The site's strategic location offers easy access to major transportation arteries, including I-76 (via Grays Ferry Avenue, 1.2 miles) and I-95 (via Lindbergh Boulevard, 3.18 miles), as well as proximity to Philadelphia International Airport (4.9 miles) and PhilaPort (9.9 miles). Public transit is readily accessible via SEPTA Light Rail Route 36. This ground lease opportunity is offered under a NNN lease structure for a single tenant. The property's dimensions are approximately 728 feet by 228 feet. This is a rare chance to acquire a substantial, well-located industrial development site in a thriving market. The property is owned by Alliance HP.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I2 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.