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    Property profile & analytics

    2240 Is Ave Philadelphia, PA 19142-1006

    • Warehouses
    • 92,544 SF
    • 2.52 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-5832854
    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.

    Current Use by Public Records

    • U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
    • Snapbox Self Storage / Self-Storage Facility / Boat Storage Facility
    • Self Storage Advisor / Storage Facility
    • Guard Docs / Shredding Service / Records Storage Facility

    Property Details for 2240 Is Ave

    Year built
    1960
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.52 lot acres
    Property size
    92,544 SF
    Zone code
    I1
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    88-4-7919-40
    APU
    884791940

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.2461
    Latitude
    39.9155
    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
    $287,821
    $4,112,320
    $16,449,280
    $20,561,600
    -
    $4,112,320
    $16,449,280
    $20,561,600

    Comparable in this City

    • Value Estimation
      $5,275,000
      47,336 SF

      2231 62nd St

      MINI-WAREHOUSE, STORAGE • 47,336 SF
      2231 62nd St, Philadelphia, PA 19142-3227
      View Details
    • Value Estimation
      $420,000
      17,985 SF

      2005 64th St

      MINI-WAREHOUSE, STORAGE • 17,985 SF
      2005 64th St, Philadelphia, PA 19142-2004
      View Details
    • Value Estimation by Request
      1,692 SF

      2130 Cemetery Ave, Unit 32

      WAREHOUSE, STORAGE • 1,692 SF
      2130 Cemetery Ave, Philadelphia, PA 19142-2003
      View Details
    • Value Estimation
      $270,000
      4,800 SF

      6223 Grays Ave

      WAREHOUSE, STORAGE • 4,800 SF
      6223 Grays Ave, Philadelphia, PA 19142-2328
      View Details
    • Value Estimation
      $230,000
      903 SF

      6639 Upland St, Unit 43

      WAREHOUSE, STORAGE • 903 SF
      6639 Upland St, Philadelphia, PA 19142-1613
      View Details
    • Value Estimation
      $505,000
      72,240 SF

      2106 63rd St

      WAREHOUSE, STORAGE • 72,240 SF
      2106 63rd St, Philadelphia, PA 19142-2002
      View Details

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    Similar Nearby for Lease

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      Two-building store available for lease in Philadelphia, Pennsylvania.
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    • Contact for pricing
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      Up to 20,000 SF retail space for lease.
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      View Details

    Property Visit Statistics

    • Visits by month
      4.1k
    • Visitors by month
      4.1k
    • Avg Time on site
      18 min
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    2240 Is Ave
    Philadelphia, PA 19142-1006
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    Realmo Value Estimation

    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.

    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.

    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
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