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
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4343 Whitaker Ave Philadelphia, PA 19120

    • Warehouses
    • 93,571 SF
    • 3.32 lot acres
    For Sale
    View listing
    Last Sale
    Feb 07, 2022
    $6,250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0248594
    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

    • ECI Furniture / Production Facility

    Property Details for 4343 Whitaker Ave

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.32 lot acres
    Property size
    93,571 SF
    Zone code
    I2
    Property type
    Warehouses
    APN
    88-4-1845-00
    APU
    884184500

    Description

    This exceptional industrial property, located at 4343 Whitaker Avenue in Philadelphia, Pennsylvania, 19120, presents a significant opportunity for manufacturing businesses. The single-tenant building encompasses approximately 93,000 square feet, distributed across two stories. The space features a generous 20-foot clear ceiling height, providing ample room for various manufacturing processes and equipment. Three loading docks ensure efficient loading and unloading of materials, streamlining operations. The property is offered as a NNN lease, providing transparency and predictability in operating costs. The building's layout includes two distinct areas: approximately 67,000 square feet and an additional 26,000 square feet, offering flexibility for different production needs or storage. This prime location in Philadelphia County offers excellent access to major transportation routes, facilitating seamless logistics and distribution. The property's size, features, and location make it an ideal choice for businesses seeking a substantial and well-equipped manufacturing facility in a strategic location. This is a rare opportunity to secure a significant industrial space in a thriving Philadelphia market. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,210,000
      ML approach
      $5,170,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,092,000
      Market price range: $3.29M - $7.84M
      AI Estimate
      $3,490,000
      Market price range: $1.51M - $7.85M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $5,365,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.117
    Latitude
    40.0152
    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
    $31,638
    $452,040
    $1,808,160
    $2,260,200
    -
    $452,040
    $1,808,160
    $2,260,200

    Comparable in this City

    • Value Estimation by Request
      780 SF

      4843 Duffield St

      WAREHOUSE, STORAGE • 780 SF
      4843 Duffield St, Philadelphia, PA 19124
      View Details
    • Value Estimation by Request
      525 SF

      1356th Unity St

      WAREHOUSE, STORAGE • 525 SF
      1356th Unity St, Philadelphia, PA 19124-3936
      View Details
    • Value Estimation by Request
      1,368 SF

      5029 Tulip St, Unit 33

      MINI-WAREHOUSE, STORAGE • 1,368 SF
      5029 Tulip St, Philadelphia, PA 19124-2245
      View Details
    • Value Estimation by Request
      1,800 SF

      1943 Brg St

      WAREHOUSE, STORAGE • 1,800 SF
      1943 Brg St, Philadelphia, PA 19124
      View Details
    • Value Estimation
      $745,000
      18,565 SF

      1610 Bristol St, Unit 32

      WAREHOUSE, STORAGE • 18,565 SF
      1610 Bristol St, Philadelphia, PA 19124-4444
      View Details
    • Value Estimation by Request
      1,382 SF

      4522nd Paul St

      WAREHOUSE, STORAGE • 1,382 SF
      4522nd Paul St, Philadelphia, PA 19124-3710
      View Details

    Similar Nearby for Sale

    • 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
    • $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
    • Contact for pricing
      22,612 SF

      Philadelphia Industrial Warehouse with Loading

      22,612 SF warehouse with convenient highway access.
      4300 H St, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      8,280 SF

      Orthodox Street Warehouse with Fenced Lot

      Warehouse with fenced lot, four drive-in doors, convenient location.
      2501 Orthodox St, Philadelphia, PA 19124
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      51,000 SF

      Industrial Space in Frankford Section

      50,000 SF industrial space with office in Philadelphia.
      4201 Tacony St, Philadelphia, PA 19124
      View Details
    • Contact for pricing
      8,500 SF

      Industrial Building Near I-95

      8,500 SF industrial building with multiple drive-in doors.
      4351-63 Elizabeth 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
    • Contact for pricing
      5,341 SF

      Industrial Properties Available For Lease

      Industrial properties for lease featuring offices, storage, and loading docks.
      5601-5613 Hegerman St, Philadelphia, PA 19124
      View Details
    • 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
    • Contact for pricing
      107,141 SF

      Spacious Industrial Building with Customization

      107,141 SF industrial building with customizable spaces for rent.
      3775 Kensington Ave, 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.
    4343 Whitaker Ave
    Philadelphia, PA 19120
    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.