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Property profile & analytics
OFF-MARKET Estimated value $935,000
Manufacturing properties

2817 Cedar St 29 Philadelphia, PA 19134-4211

14,420 SF 0.31 ac lot Built 1915
Entity Owned ~ Est. High Equity
Property ID
US73-2216372
Property summary
AI-generated overview

This exceptional industrial warehouse, located at 2817 Cedar Street in Philadelphia, Pennsylvania, presents a compelling investment opportunity. The property boasts 14,420 square feet of space situated on a 13,600 square foot lot, offering ample room for operations. The building, constructed in 1915, features a two-story design with approximately 13,000 square feet of warehouse space on the first floor and approximately 1,000 square feet of office space on the second. The warehouse benefits from one dock-high loading dock accessible from Cedar Street, providing convenient loading and unloading capabilities. Ceiling heights range from 10 feet 8 inches to 15 feet 8 inches, accommodating various storage and operational needs. Currently 100% occupied, the property is zoned I-2, reflecting its suitability for industrial uses. Its prime location, just one block from Aramingo Avenue and East Somerset Street, places it within proximity to ongoing new construction developments, suggesting strong potential for future appreciation. The asking price is $1,500,000, translating to $104.02 per square foot. This single-unit property offers a unique chance to acquire a well-located, fully occupied industrial warehouse in a thriving area of Philadelphia.

Property profile
Verified
Property type Manufacturing properties
Use group FACTORY (MANUFACTURING)
Year built 1915
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 14,420 SF
Lot 0.31 ac (13,600 SF)
Zoning code I2
APN 88-4-6713-00
UPID US73-2216372
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
Current use
Occupant on record · Public records
  • Northern Star Services Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$934k
Blend (final) Blend
$935k
Owner & transaction history
City Lights Electric LLC
City Lights Electric LLC
since 2025
2 recorded transactions
2025
$1.1M
2023
Price N/A
Zoning & alternative use
I2 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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