Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1800 Indiana Ave Philadelphia, PA 19132-1603
    Back to Search
    Property profile & analytics

    1800 Indiana Ave, Philadelphia, PA 19132-1603

    View on Map
    • Warehouses
    • 69,049 SF
    • 1.84 lot acres
    Off-Market
    Property ID
    US73-5601978
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $5,505,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • FlexBox Mobile Storage / Storage Facility
    • Disorb Systems Inc. / Industrial Manufacturer / Production Facility
    • K M Custom Pack / Industrial Manufacturer / Production Facility
    • RJM Trading Co Inc / Logistics Company
    • Safe Sorb / Advertising Agency / Marketing & Advertising

    Property Details for 1800 Indiana Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.84 lot acres
    Zone code
    I1
    Property type
    Warehouses
    APN
    88-4-0660-00
    APU
    884066000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 18, 2019 — Select Holdings LLC — Grant Deed · related $2M · Berkshire Bk
    May 21, 2016 — Select Holdings LLC — Deed · related $320k · Private Individual
    May 14, 2016 — Select Holdings LLC — Deed · related $500k · Berkshire Bank
    Jul 28, 2006 $1,040,000 Select Holdings LLC Cambria Associates Grant Deed $880k · Sovereign Bank
    Oct 12, 2004 — Concord Products Co INC — Trustees Deed · related $750k · National Penn Bank
    — — Select Holdings LLC — Deed Of Trust · related $320k · Private Individual
    — — Select Holdings LLC — Deed Of Trust · related $150k · Private Individual
    — — Select Holdings LLC — Deed Of Trust · related $375k · M&t Bk
    — — Concord Products Co INC — Deed Of Trust · related $550k · National Penn Bank
    — — Concord Products Co INC — Deed Of Trust · related $300k · National Penn Bank
    — — Cambria Associates — Deed Of Trust · related $270k · National Penn Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $6,620,000
      Market price range: $2.13M - $10.6M
      AI Estimate
      $4,116,000
      Market price range: $1.21M - $6.09M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $5,700,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1608
    Latitude
    39.9991
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,573
    $279,660
    $1,118,640
    $1,398,300
    -
    $279,660
    $1,118,640
    $1,398,300

    Comparable in this City

    • Value Estimation by Request
      3,330 SF

      2925 Croskey St

      WAREHOUSE, STORAGE
      2925 Croskey St, Philadelphia, PA 19132
      View Details
    • Value Estimation by Request
      3,808 SF

      2530 Hagert St

      WAREHOUSE, STORAGE
      2530 Hagert St, Philadelphia, PA 19132-4231
      View Details
    • Value Estimation by Request
      2,160 SF

      2506 Harold St

      WAREHOUSE, STORAGE
      2506 Harold St, Philadelphia, PA 19132-3607
      View Details
    • Value Estimation
      $24,455,000
      204,591 SF

      1831 Allegheny Ave, Unit 41

      MINI-WAREHOUSE, STORAGE
      1831 Allegheny Ave, Philadelphia, PA 19132-1607
      View Details
    • Value Estimation by Request
      1,080 SF

      2410 Sedgley Ave, Unit 28

      WAREHOUSE, STORAGE
      2410 Sedgley Ave, Philadelphia, PA 19132-4221
      View Details
    • Value Estimation
      $520,000
      15,142 SF

      2624 Hagert St

      WAREHOUSE, STORAGE
      2624 Hagert St, Philadelphia, PA 19132-3556
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Enormous Warehouse Redevelopment Opportunity

      51,000 sq ft warehouse with office space near Temple.
      2101 W Clearfield St, Philadelphia, PA 19132
      View Details
    • Contact for pricing
      257,000 SF

      Steel Heddle Building Mixed-Use Project

      257,000 SF adaptive reuse project in Qualified Opportunity Zone.
      2100 W Allegheny Ave, Philadelphia, PA 19132
      View Details
    • Contact for pricing
      97,905 SF

      Mixed-Use/Industrial Property in Opportunity Zone

      97,905 SF property with development potential in Philadelphia.
      2519 N Broad St, Philadelphia, PA 19132
      View Details
    • Contact for pricing
      0.02 Acres

      Vacant Lot For Sale

      Vacant lot available in Philadelphia, PA.
      2105 W Stella St, Philadelphia, PA 19132
      View Details
    • Contact for pricing
      0.02 Acres

      Vacant Land in Philadelphia

      Vacant lot for sale in Philadelphia, Pennsylvania.
      2618 W York St, Philadelphia, PA 19132
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      65,000 SF

      Spacious Industrial Building with Lot

      65,000 SF masonry building with grass lot near Center City.
      2427-2435 W York St, Philadelphia, PA 19132
      View Details
    • Contact for pricing
      19,410 SF

      Flex Space with Redundant Power

      Flex space available for rent with redundant power feeds.
      3111 W Allegheny Ave, Philadelphia, PA 19132
      View Details
    • $2,000 /Mo
      9,274 SF

      Prime Commercial Building on Broad

      Two-story commercial building on Broad Street available for lease.
      2520-22 N Broad St, Philadelphia, PA 19132
      View Details
    • $4,500 /Mo
      9,274 SF

      Prime Commercial Building on Broad

      Two-story commercial building on Broad Street available for lease.
      2520-22 N Broad St, Philadelphia, PA 19132
      View Details
    • Contact for pricing
      897 SF

      Philadelphia Office Space For Rent

      Office space available for lease in Philadelphia, PA.
      1701 W Lehigh Ave, Philadelphia, PA 19132
      View Details
    • $2,300 /Mo
      1,555 SF

      Philadelphia Retail Space For Lease

      Retail space available for lease in Philadelphia, PA 19132.
      2830 N 22Nd St, Philadelphia, PA 19132
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1800 Indiana Ave
    Philadelphia, PA 19132-1603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1800 Indiana Ave, Philadelphia, PA, 19132
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!