You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $8,175,000
Manufacturing properties

3775 Kensington Ave Philadelphia, PA 19124-5633

107,141 SF 1.4 ac lot Built 1928
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US73-5766428
Property summary
AI-generated overview

This exceptional 107,141-square-foot industrial property, situated on a 1.4-acre lot in Philadelphia County, presents a unique investment opportunity. The building, classified as Class B, features three floors, each approximately 35,667 square feet, offering ample space for a variety of manufacturing or warehousing needs. Ceiling heights range from 9 to 9.5 feet on the first floor and 12 to 13 feet on the second and third floors, providing significant vertical clearance. The property boasts two loading docks for efficient material handling, supplemented by two freight elevators (one 3,000 lb and one 4,000 lb capacity). An ESFR sprinkler system ensures fire safety. The building's flexible layout allows for customization to suit diverse operational requirements, accommodating office, warehouse, studio, or lab spaces. Secured on-site parking is available, and the property benefits from a private central loading courtyard. Its strategic location offers frontage on Castor Avenue, Kensington Avenue, and Jasper Street, providing excellent visibility and accessibility. The IRMX (Industrial Residential Mixed Use) zoning provides flexibility for future development. The top floor offers a 360-degree view of the surrounding neighborhood. The entire 107,141 square feet is currently vacant and available for lease.

Property profile
Verified
Property type Manufacturing properties
Use group FACTORY (MANUFACTURING)
Year built 1928
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 107,141 SF
Lot 1.4 ac (60,940 SF)
Zoning code I1
APN 88-4-8473-00
UPID US73-5766428
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
$10.20M
Blend (final) Blend
$8.18M
Owner & transaction history
Kensington Castor Partners LLC · 10 yrs held
Kensington Castor Partners LLC
since 2016
3 recorded transactions
2025
Price N/A
2016
$1.3M
2004
$387,920
Zoning & alternative use
I1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $13.2M +29.9%
Apartment house (5+ units) $12.3M +20.2%
Auto repair, garage $12.2M +19.2%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3775 Kensington Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message