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5601 Hegerman St Philadelphia, PA 19124

OFF-MARKET Industrial properties Google Maps
12,177 SF 0.28 ac lot Built 1930
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$285k
Range $257k – $314k (±10%)
Property ID US73-2430552

Property summary

AI-generated overview

This exceptional Philadelphia industrial property, located at 5601 & 5613-15 Hegerman Street, offers 17,518 square feet of warehouse space on a 0.45-acre lot. Currently fully vacant, the property is divisible into units ranging from 5,341 to 12,177 contiguous square feet, with a total of two suites available. The building features ceiling heights ranging from 8' to 15'3", one loading dock, and three drive-ins, making it ideal for various industrial uses. Zoned I-1 Light Industrial (City of Philadelphia), this property boasts convenient access to Interstate 95 and Roosevelt Boulevard, placing it just two miles from the Betsy Ross Bridge, 3.5 miles from the Port of Philadelphia, and slightly over seven miles from Center City Philadelphia. The property's location in the Tacony neighborhood offers excellent transportation links and proximity to major transportation arteries. This versatile space is perfect for businesses seeking efficient and strategically located warehouse facilities in Philadelphia. The property's size and features make it suitable for a variety of industrial operations, offering significant potential for growth and expansion. The combination of convenient location, ample space, and practical loading facilities makes this an attractive opportunity for businesses seeking a prime industrial location in Philadelphia.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,177 SF
Lot 0.28 ac (12,182 SF)
Zoning code I1
APN 88-4-8031-00
UPID US73-2430552

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$285k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Zoning & alternative use

I1 · Philadelphia, PA
Zoning description

I-1 Light Industrial L-1 L-2 L-3 I-2 Medium Industrial G-1 G-2 Food Distribution Center I-3 Heavy Industrial LR I-P Port Industrial Port Industrial (.2) Map Symbols. (.a) The Industrial district map symbols are intended…

General category INDUSTRIAL
Top alternative use upside
Retail stores $1.5M +29.9%
Apartment house (5+ units) $1.4M +20.2%
Auto repair, garage $1.4M +19.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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