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Property profile & analytics
FOR SALE
Industrial properties

1646 S 51St St Philadelphia, PA 19143

13,155 SF 12.01 ac lot Built 1945
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-0739387
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group REFINERY, PETROLEUM PRODUCTS
Year built 1945
Construction METAL FRAME
Total area 13,155 SF
Lot 12.01 ac (522,938 SF)
Zoning code I2
APN 88-4-2173-25
UPID US73-0739387
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.87M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.97M
Owner & transaction history
Alliance 51st Street LLC · 1 yrs held
Alliance 51st Street LLC
since 2024
Last sale
$8.3M
6 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A
2022
$8.3M
2016
$1.6M
2009
$2.8M
Zoning & alternative use
I2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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