Add Listing
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

    6139 Germantown Ave Philadelphia, PA 19144

    • Manufacturing properties
    • 27,240 SF
    • 0.23 lot acres
    For Lease
    View listing
    $144 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5349653
    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

    • Streets Smarts Fiber Arts / Factory / Production Facility
    • Remedy Spa & Wellness / Spa & Massage Center
    • MEM Mighty Exploits Ministries, INC / Church / Mosque
    • PrettyMakeup4u / Cosmetic Store
    • The Well / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 6139 Germantown Ave

    Year built
    1925
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.23 lot acres
    Property size
    27,240 SF
    Zone code
    CMX2
    Property type
    Manufacturing properties
    APN
    88-4-9148-00
    APU
    884914800

    Description

    This exceptional 12 sq. ft. single-tenant creative space, located in Philadelphia County, offers a truly unique work environment. Situated near the intersection of Kendrick and Pastorious Streets, this special purpose property boasts original hardwood floors, high ceilings, and large insulated windows, creating a bright and inviting atmosphere. The flexible layout allows for customization to suit diverse business needs. Ample on-street parking is readily available, eliminating the hassle of finding a spot. Security is a priority, with a monitored camera system and a convenient phone-activated guest entry system. The property's convenient location provides easy access to public transportation, being situated along the Route 23 Bus Route and within walking distance of two SEPTA Regional Rail Stations. This makes commuting a breeze for employees and clients alike. The combination of attractive features, secure environment, and excellent accessibility makes this loft space an ideal choice for businesses seeking a distinctive and functional workspace. The property is perfect for a small business or individual looking for a unique and inspiring office space. This is a rare opportunity to secure a highly desirable property in a vibrant and convenient location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,627,000
      Market price range: $1.05M - $5.44M

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1792
    Latitude
    40.0422
    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
    $5,720
    $81,720
    $326,880
    $408,600
    -
    $81,720
    $326,880
    $408,600

    Comparable in this City

    • Value Estimation by Request
      11,800 SF

      67 Queen Ln

      Manufacturing properties • 11,800 SF
      67 Queen Ln, Philadelphia, PA 19144
      View Details
    • Value Estimation
      $1,555,000
      23,600 SF

      5212 Pulaski Ave

      FACTORY (MANUFACTURING) • 23,600 SF
      5212 Pulaski Ave, Philadelphia, PA 19144-4015
      View Details
    • Value Estimation
      $680,000
      28,362 SF

      212 Roberts Ave, Unit 20

      FACTORY (MANUFACTURING) • 28,362 SF
      212 Roberts Ave, Philadelphia, PA 19144-4275
      View Details
    • Value Estimation by Request
      5,227 SF

      6040 Belfield Ave

      FACTORY (MANUFACTURING) • 5,227 SF
      6040 Belfield Ave, Philadelphia, PA 19144-1125
      View Details
    • Value Estimation by Request
      3,162 SF

      5539 Baynton St, Unit 47

      CONSTRUCTION/CONTRACTING SERVICES • 3,162 SF
      5539 Baynton St, Philadelphia, PA 19144-2208
      View Details
    • Value Estimation by Request
      1,705 SF

      6122 Belfield Ave, Unit 24

      CONSTRUCTION/CONTRACTING SERVICES • 1,705 SF
      6122 Belfield Ave, Philadelphia, PA 19144-1013
      View Details

    Similar Nearby for Sale

    • $799,000
      Pending

      Germantown Loft-Style Warehouse Opportunity

      Spacious industrial warehouse in historic Germantown, Philadelphia.
      24-26 E Coulter St, Philadelphia, PA 19144
      View Details
    • Contact for pricing
      11,800 SF

      Queen Lane Warehouse - Philadelphia

      11,800 SF Warehouse, Manufacturing Space
      67 Queen Ln, Philadelphia, PA 19144
      View Details
    • Contact for pricing
      11,920 SF

      Abbottsford Ave Warehouse For Sale

      11,920 SF Warehouse, Prime Location
      15-17 Abbottsford Ave, Philadelphia, PA 19144
      View Details
    • Contact for pricing

      Retail, Warehouse, Redevelopment Opportunity

      17,740 sq ft retail/warehouse space for sale.
      115 W Chelten Ave, Philadelphia, PA 19144
      View Details
    • $65,000
      0.01 Acres

      Land in Philadelphia, PA

      Land for sale in Philadelphia, Pennsylvania.
      612 E Mechanic St, Philadelphia, PA 19144
      View Details
    • $645,000
      4,278 SF

      Germantown Avenue Mixed-Use Opportunity

      Versatile mixed-use property in historic Germantown with parking.
      5519 Germantown Ave, Philadelphia, PA 19144
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      245,000 SF

      Philadelphia Warehouse Space for Lease

      Divisible warehouse space with convenient access to major routes.
      4700 Wissahickon Ave, Philadelphia, PA 19144
      View Details
    • $144 SF/Yr
      12 SF

      Kendrick Mills Creative Lofts

      Unique Loft Space, Prime Location
      6139 Germantown Ave, Philadelphia, PA 19144
      View Details
    • $6 SF/Yr
      45,000 SF

      Germantown Ave Creative Office Space

      Philadelphia Coworking & Office Suites
      5607 Germantown Ave, Philadelphia, PA 19144
      View Details
    • Contact for pricing

      Chelten Avenue Retail/Office/Medical Space

      1,838 SF retail, office, or medical space for lease.
      35 E Chelten Ave, Philadelphia, PA 19144
      View Details
    • Contact for pricing
      1,794 SF

      Retail Space in Mixed-Use Building

      1,794 SF retail space in a mixed-use building.
      5600-5606 Germantown Ave, Philadelphia, PA 19144
      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.
    6139 Germantown Ave
    Philadelphia, PA 19144
    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.
    Sign Up Successful!
    You now have access to more from Realmo!