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Property profile & analytics
OFF-MARKET Estimated value $1,235,000
Manufacturing properties

3650 Richmond St Philadelphia, PA 19134-6224

17,350 SF 0.35 ac lot Built 1930
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-5712503
Property summary
AI-generated overview

This exceptional 15,000-square-foot industrial property in Philadelphia's Port Richmond submarket offers a unique blend of warehouse and flex space, ideal for a single tenant. The building boasts a two-story design, featuring 12,500 square feet of ground-floor warehouse space and 2,500 square feet of finished office space on the second floor. High ceilings (14 feet) provide ample vertical clearance, complemented by three drive-in doors and one loading dock for efficient loading and unloading. The property benefits from a prime location directly off I-95, ensuring easy access to major transportation routes. Modern amenities include a new roof, six roll-up metal windows, a storefront display, and restrooms on both floors. Security features are comprehensive, encompassing a 16-channel CCTV monitoring system, a fire alarm, burglary alarm, motion sensor alarm system, and emergency lighting. The building also offers Wi-Fi connectivity, secure storage, and abundant natural light. Potential tenants can benefit from the existing built-out second-floor office space, perfect for a work-from-home office setup. While the listed square footage is 15,000, there is potential for expansion with adjacent space, up to a total of 15,000 square feet. The lease rate excludes utilities, property expenses, and building services. Located in Philadelphia County, Pennsylvania, with a zip code of 19134, this property presents a compelling opportunity for businesses seeking a versatile and well-equipped industrial space.

Property profile
Verified
Property type Manufacturing properties
Use group FACTORY (MANUFACTURING)
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,350 SF
Lot 0.35 ac (15,257 SF)
Zoning code ICMX
APN 88-4-8413-00
UPID US73-5712503
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$894k
Blend (final) Blend
$1.24M
Owner & transaction history
Richmond St Garage LLC · 1 yrs held
Richmond St Garage LLC
since 2024
Last sale
$1.3M
6 recorded transactions
2024
$1.3M
2020
Price N/A
2017
$325,000
2016
$55,000
2006
Price N/A
2004
$180,000
Zoning & alternative use
ICMX · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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