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Property profile & analytics
FOR SALE
Flex space

4311 N 3Rd St Philadelphia, PA 19140

946 SF 0.02 ac lot Built 1945
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-1923021
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1945
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 946 SF
Lot 0.02 ac (1,024 SF)
Zoning code RM1
APN 88-4-3410-77
UPID US73-1923021
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
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
4311 N 3rd Street LLC · 4 yrs held
4311 N 3rd Street LLC
since 2022
Last sale
$125,000
2 recorded transactions
2022
$125,000
1969
Price N/A
Zoning & alternative use
RM1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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