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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2500 Wilmot St Philadelphia, PA 19137

    • Warehouses
    • 20,640 SF
    • 2.62 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0256843
    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

    • Earn Everything Strength and Conditioning / Gym & Fitness Center
    • Oliveira and Son Construction / Construction Company
    • Blue Galaxy Marble & Granite / Kitchen & Bath Showroom / Hardware & Home Improvement
    • Driven Auto Styling / Auto Repair Shop
    • Premier Contracting Services LLC / Construction Company / General Contractor

    Property Details for 2500 Wilmot St

    Year built
    1940
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.62 lot acres
    Property size
    20,640 SF
    Zone code
    ICMX
    Property type
    Warehouses
    APN
    88-4-8485-00
    APU
    884848500

    Description

    This exceptional Philadelphia multifamily investment portfolio comprises four properties strategically located in the Bridesburg neighborhood, offering unparalleled access to Interstate 95 and the Aramingo Avenue interchange. The portfolio includes a mix of commercial and residential buildings, presenting a diverse investment opportunity. The largest property, situated at 2500 Wilmot Street, boasts 20,640 square feet on 2.62 acres, featuring nine drive-in loading doors with dimensions ranging from 12' x 12' to 15' x 15', ceiling heights from 12' to 23'6", and ample outdoor storage space. This building also includes finished mezzanine office space and potential future cell tower rights. Its estimated 2023 taxes are $14,852. The property at 4419-23 Belgrade Street offers 5,036 square feet on 0.14 acres with three drive-in doors and estimated 2023 taxes of $2,819. At 4501-03 Belgrade & 4500-02 Almond Street, a 9,911 square foot building sits on 0.17 acres, zoned RSA-5, with estimated 2023 taxes of $6,829. Finally, 4505 Almond Street offers 720 square feet on 0.035 acres, zoned RSA-5, with one drive-in door and estimated 2023 taxes of $563. All properties are conveniently served by SEPTA bus routes, providing easy access to Center City Philadelphia and New Jersey. The properties are zoned ICMX (Industrial Commercial Mixed-Use) or RSA-5 (Residential Single Family Attached 5), depending on the location. This portfolio presents a unique blend of commercial and residential real estate in a high-traffic location with excellent transportation links.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,660,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.0753
    Latitude
    40.0023
    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
    $14,852
    $740,000
    $321,000
    $1,061,000
    -
    $740,000
    $321,000
    $1,061,000

    Comparable in this City

    • Value Estimation
      $9,175,000
      87,286 SF

      2190 Wheatsheaf Ln

      MINI-WAREHOUSE, STORAGE • 87,286 SF
      2190 Wheatsheaf Ln, Philadelphia, PA 19137-1007
      View Details
    • Value Estimation
      $860,000
      7,900 SF

      4055 Richmond St

      WAREHOUSE, STORAGE • 7,900 SF
      4055 Richmond St, Philadelphia, PA 19137-1419
      View Details
    • Value Estimation
      $1,405,000
      15,612 SF

      2701 Luzerne St

      WAREHOUSE, STORAGE • 15,612 SF
      2701 Luzerne St, Philadelphia, PA 19137-1411
      View Details
    • Value Estimation by Request
      27,000 SF

      2251 Fraley St

      Distribution properties • 27,000 SF
      2251 Fraley St, Philadelphia, PA 19137
      View Details
    • Value Estimation by Request
      4,849 SF

      2335 Wheatsheaf Ln

      WAREHOUSE, STORAGE • 4,849 SF
      2335 Wheatsheaf Ln, Philadelphia, PA 19137-1025
      View Details
    • Value Estimation
      $17,535,000
      275,000 SF

      2950 Kirkbride St

      WAREHOUSE, STORAGE • 275,000 SF
      2950 Kirkbride St, Philadelphia, PA 19137-2228
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      720 SF

      Philadelphia Warehouse Near Interstate 95

      720 SF warehouse in Philadelphia's Bridesburg neighborhood.
      4505 Almond St, Philadelphia, PA 19137
      View Details
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      5,036 SF

      Philadelphia Warehouse with Drive-In Doors

      5,036 SF warehouse in Philadelphia's Bridesburg neighborhood for sale.
      4419 Belgrade St, Philadelphia, PA 19137
      View Details
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      20,640 SF

      Philadelphia Industrial Property with Storage

      Industrial property in Philadelphia with ample outdoor storage space.
      2500 Wilmot St, Philadelphia, PA 19137
      View Details
    • $8,950,000
      50,000 SF

      Philadelphia Worship Center - $8.95M

      Prime Philly location, 50,000 SF, 300+ parking.
      4790 James St, Philadelphia, PA 19137
      View Details
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      9,911 SF

      Philadelphia Industrial Property Near I-95

      9,911 SF industrial property in Philadelphia's Bridesburg neighborhood.
      4501-4503 Almond St, Philadelphia, PA 19137
      View Details
    • Contact for pricing

      Prime Philadelphia Pad Site

      Retail Pad Site, High Traffic Area
      2300 Butler St, Philadelphia, PA 19137
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,700 SF

      Industrial Space with Outdoor Lot

      2,700 SF industrial space with 16' ceilings and outdoor lot.
      2727 Berkshire St, Philadelphia, PA 19137
      View Details
    • Contact for pricing
      24,000 SF

      Philadelphia Industrial Flex Space

      24,000 SF Warehouse - Available Now
      4764 James St, Philadelphia, PA 19137
      View Details
    • Contact for pricing
      740,701 SF

      Spacious Warehouse with Tax Abatement

      740,701 SF warehouse with access to major transportation routes.
      2951 Orthodox St, Philadelphia, PA 19137
      View Details
    • Contact for pricing
      287,218 SF

      Philadelphia Industrial Space for Lease

      287,218 SF industrial space available for lease in Philadelphia.
      2121 Wheatsheaf Ln, Philadelphia, PA 19137
      View Details
    • Contact for pricing
      30,569 SF

      Industrial Warehouse with Crane Access

      30,569 SF warehouse with office space and crane access.
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      View Details
    • Contact for pricing
      14,428 SF

      Philadelphia Office Space For Rent

      Office space available for lease in Philadelphia, PA.
      2275 Bridge St, Philadelphia, PA 19137
      View Details
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    2500 Wilmot St
    Philadelphia, PA 19137
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    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
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