300 Godfrey Ave Philadelphia, PA 19120-1646
This exceptional 252,000 square foot, four-story industrial flex building is strategically located at 300 E Godfrey Avenue in Philadelphia, Pennsylvania, 19120. The property boasts a highly desirable I-2 Medium Industrial zoning designation, making it suitable for a diverse range of uses. The building features six loading docks, both internal and external, plus convenient knockouts for additional loading capacity and one large grade-level drive-in door. Ample tenant parking is provided in an adjacent lot. Inside, you'll find a mix of flex and co-working warehouse spaces, storage units, and creative studios, currently enjoying high occupancy rates. The building is equipped with a sprinkler system, city water and sewer, and a freight elevator for efficient material handling. Annual property taxes are $46,399 (2023). Its prime location offers easy access to major transportation arteries, including I-95 (4.5 miles), the Betsy Ross Bridge (5.3 miles), and the Taconey Palmyra Bridge (5.5 miles), ensuring seamless logistics and distribution. This multi-tenant property presents a compelling investment opportunity in a thriving Philadelphia market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I2 · Philadelphia, PAPhiladelphia. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.