2137 American St, Unit 41 Philadelphia, PA 19122-1606
Property profile & analytics
2137 American St, Unit 41 Philadelphia, PA 19122-1606
- Industrial properties
- 7,914 SF
- 0.17 lot acres
Property ID
US73-1445988
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.
Location Intelligence
Current Use by Public Records
- LIGHTFAST design+build / Metal Fabrication Plant / Factory
- Twelve26studio / Marketing & Advertising / (Bike/Boat/Book/etc) Store
Property Details for 2137 American St
- Year built
- 1945
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 lot acres
- Property size
- 7,914 SF
- Zone code
- ICMX
- Property type
- Industrial properties
- APN
- 88-4-3437-50
- APU
- 884343750
Description
This exceptional 11,500-square-foot medical office building in Philadelphia County presents a unique investment opportunity. Currently entirely vacant, the property offers significant potential for a variety of uses. The building boasts a distinctive multi-floor layout, catering to diverse operational needs. Convenient access is ensured by two loading zones, including a front entrance with a drive-in door capable of accommodating trailers, and additional rear loading capabilities. Its prime location is a key advantage, situated just one block away from the newly developed Forman Arts Initiative Campus. This proximity to a significant cultural hub promises increased foot traffic and visibility. The surrounding neighborhood exhibits robust residential growth, creating a strong potential customer base. The property's versatility is highlighted by its suitability for a range of uses, including warehousing, retail operations, breweries, flexible workspace configurations, veterinary clinics, medical practices, and traditional office spaces. The substantial square footage and adaptable design make this property an attractive prospect for businesses seeking a prominent location with ample space and convenient logistical features. The building's existing infrastructure provides a solid foundation for immediate occupancy and customization to meet specific business requirements. This is a rare opportunity to acquire a large, versatile property in a rapidly developing area of Philadelphia.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,075,000
- ML approach
- $1,050,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $970,000
- 6.5%
- $895,000
- 7%
- $830,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,202,000
- AI Estimate
- $798,000
Market price range: $521k - $2.39MMarket price range: $201k - $1.53M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,160,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,470,000 Change: +26% Conversion: Difficult
- RETAIL STORES
- $1,355,000 Change: +17% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,250,000 Change: +7% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1375
- Latitude
- 39.9834
- 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
$6,203
$88,620
$354,480
$443,100
-
$88,620
$354,480
$443,100
