4311 3Rd St Philadelphia, PA 19140
- Flex space
- 946 SF
- 0.02 lot acres
Current Use by Public Records
- Flex space
Property Details for 4311 3Rd St
- Year built
- 1945
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.02 lot acres
- Property size
- 946 SF
- Zone code
- RM1
- Property type
- Flex space
- APN
- 88-4-3410-77
- APU
- 884341077
Description
This fee-simple industrial warehouse, located at 4311 N 3rd St in Philadelphia, Pennsylvania, presents a compelling investment opportunity. The property, built in 1945 and renovated in 1963, boasts 6,788 square feet of space across three stories, situated on a 0.15-acre lot. Designated as Class C, this single-unit warehouse is zoned RM1 and offers ample space for storage and various commercial applications. The asking price is $499,000, translating to $73.51 per square foot. The property's robust structure and functional design make it suitable for a range of industrial businesses. Its strategic Philadelphia location ensures easy access and accessibility for transportation and logistics. The property's APN is 884341077. This adaptable space is ready for immediate occupancy and presents a strong return on investment for the right buyer. The property's convenient location and versatile layout make it an ideal choice for businesses seeking a functional and well-situated warehouse in Philadelphia. This is a rare opportunity to acquire a well-maintained industrial property in a thriving urban area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $115,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $160,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $155,000
- Geo Method
- $165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $150,000
- Mixed-Use
- $175,000
- Hospitality
- $140,000
- Educational
- $135,000
- Residential Income
- $160,000
- Energy
- $140,000
- Income-Based Land
- $165,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1317
- Latitude
- 40.0166
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA