Property summary
This exceptional 3-acre industrial property, located at 4465 Castor Avenue in Philadelphia, Pennsylvania, presents a unique investment opportunity. The site is zoned ICMX (Industrial Commercial Mixed-Use Zoning), offering considerable flexibility for a variety of development projects. Currently featuring an existing concrete plant, the property provides immediate potential for continued operation or redevelopment. The expansive lot size allows for significant expansion or the construction of new facilities. Situated in Philadelphia County, with convenient access to major transportation routes, this location offers excellent logistical advantages for businesses requiring efficient distribution networks. The property's address is 4465 Castor Ave, Philadelphia, PA 19124, and its precise coordinates are latitude 40.0152135 and longitude -75.0964058. The land's size is approximately 3 acres, providing ample space for various industrial or commercial endeavors. This is a rare opportunity to acquire a substantial industrial parcel in a strategic location within Philadelphia. The ICMX zoning allows for a diverse range of uses, making this property highly attractive to a broad spectrum of potential buyers. Serious inquiries are encouraged to explore the full potential of this exceptional offering.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ICMX, Industrial Commercial Mixed-Use District. 299 The ICMX, Industrial Commercial Mixed-Use district is primarily intended to accommodate commercial and low-impact industrial uses. The district may serve as a buffer be…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ICMX · Philadelphia, PAICMX, Industrial Commercial Mixed-Use District. 299 The ICMX, Industrial Commercial Mixed-Use district is primarily intended to accommodate commercial and low-impact industrial uses. The district may serve as a buffer be…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ICMX, Industrial Commercial Mixed-Use District. 299 The ICMX, Industrial Commercial Mixed-Use district is primarily intended to accommodate commercial and low-impact industrial uses. The district may serve as a buffer be…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ICMX in Philadelphia, PA.
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