Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4314 Josephine St, Unit 18 Philadelphia, PA 19124-4019

    • Manufacturing properties
    • 11,781 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimations
    $1,195,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2548384
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 4314 Josephine St

    Year built
    1922
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    11,781 SF
    Zone code
    ICMX
    Property type
    Manufacturing properties
    APN
    88-4-3447-35
    APU
    884344735

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,440,000
      6.5%
      $1,330,000
      7%
      $1,235,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,405,000
      Market price range: $424k - $1.62M
      AI Estimate
      $847,000
      Market price range: $199k - $1.16M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,120,000
      Current use
      RETAIL STORES
      $1,455,000
      Change: +30% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $1,345,000
      Change: +20% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,335,000
      Change: +19% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.079
    Latitude
    40.0111
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,350
    $76,440
    $305,760
    $382,200
    -
    $76,440
    $305,760
    $382,200

    Comparable in this City

    • Value Estimation
      $505,000
      46.73 Acres

      5400th Langdon St

      FACTORY (MANUFACTURING) • 46.73 Acres
      5400th Langdon St, Philadelphia, PA 19124-1775
      View Details
    • Value Estimation
      $650,000
      22,747 SF

      1150 Orthodox St

      FACTORY (MANUFACTURING) • 22,747 SF
      1150 Orthodox St, Philadelphia, PA 19124-3131
      View Details
    • Value Estimation by Request
      67,009 SF

      1100 Orthodox St

      FACTORY (MANUFACTURING) • 67,009 SF
      1100 Orthodox St, Philadelphia, PA 19124-3168
      View Details
    • Value Estimation
      $1,175,000
      38,024 SF

      4080 Frankford Ave

      FACTORY (MANUFACTURING) • 38,024 SF
      4080 Frankford Ave, Philadelphia, PA 19124-4533
      View Details
    • Value Estimation
      $905,000
      16,004 SF

      1543 Ruan St, Unit 47

      FACTORY (MANUFACTURING) • 16,004 SF
      1543 Ruan St, Philadelphia, PA 19124-3952
      View Details
    • Value Estimation
      $2,430,000
      39,595 SF

      4314 Tackawanna St, Unit 36

      FACTORY (MANUFACTURING) • 39,595 SF
      4314 Tackawanna St, Philadelphia, PA 19124-4025
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      297,987 SF

      Industrial Building with Retail Portion

      Large industrial building with retail component for sale.
      1501 Unity St, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      21,635 SF

      Philadelphia Industrial Redevelopment Opportunity

      21,635 SF Warehouse on 3.8 Acres
      4105 Whitaker Ave, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      21,635 SF

      Industrial Property Near Major Routes

      21,635 SF industrial property on 3.8 acres for sale.
      4105 Whitaker Ave, Philadelphia, PA 19124
      View Details
    • $2,000,000
      21,062 SF

      Prime Philadelphia Warehouse

      21,062 SF Industrial Space, $2M
      811 Cayuga St, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      13,833 SF

      Kensington Ave Warehouse For Sale

      13,833 SF Warehouse, 1.86 Acres
      4001-03 Kensington Ave, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      9,230 SF

      Industrial Property Near I-95

      Industrial property with office space, drive-in door, and convenient location.
      3832 Jasper St, Philadelphia, PA 19124
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,800 SF

      Philadelphia Industrial Space with Cranes

      10,800 SF industrial space with multiple cranes for lease.
      2065 E Glenwood Ave, Philadelphia, PA 19124
      View Details
    • $17 SF/Yr
      3,728 SF

      Flex Space in Mixed-Use Development

      Flex space available within a mixed-use development with on-site daycare.
      1600 W Hunting Park Ave, Philadelphia, PA 19124
      View Details
    • $6 SF/Yr
      85,064 SF

      Industrial Warehouse with Outdoor Storage

      85,064 SF warehouse with ample parking and outdoor storage.
      3700 Kensington Ave, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      14,295 SF

      Philadelphia Warehouse Space Available

      Industrial warehouse, 3 suites, 1,650-9,750 SF
      4336 Sepviva St, Philadelphia, PA 19124
      View Details
    • $15 SF/Yr
      6,209 SF

      Flex Space with Shared Amenities

      Flex/industrial spaces with shared courtyard and conference rooms available for rent.
      4558 Worth St, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      17,518 SF

      Hegerman Street Warehouse Space

      Philadelphia Industrial Space Available
      5601 Hegerman St, Philadelphia, PA 19124
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4314 Josephine St, Unit 18
    Philadelphia, PA 19124-4019
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.