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Property profile & analytics
OFF-MARKET Estimated value $2,565,000
Warehouses

6141 Lancaster Ave Philadelphia, PA 19151-3202

23,000 SF 1.5 ac lot Built 1960
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-5658196
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 23,000 SF
Lot 1.5 ac (65,340 SF)
Zoning code CMX2.5
APN 88-4-4639-38
UPID US73-5658196
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Collegeboxes at U-Haul Moving & Storage Of Overbrook Moving Company Storage Facility
  • U-Haul Moving & Storage of Overbrook Car Rental Facility
  • Propane Refill at U-Haul Truck Rental Agency Alternative Fuel Station
  • U-Box at U-Haul Moving Company Storage Facility
  • Self-Storage at U-Haul Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.68M
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$2.57M
Owner & transaction history
Arec 9 LLC · 20 yrs held
Arec 9 LLC
since 2005
2 recorded transactions
2005
$541,317
2004
Price N/A
Zoning & alternative use
CMX2.5 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CMX-2.5 Neighborhood Commercial Mixed-Use-2.5 Various special district controls CMX-3 Community Commercial Mixed-Use C-3 RC-3 CMX-4 Core Commercial Mixed-Use C-4 CMX-5 Center City Core Commercial Mixed-Use C-5 CA-1 Auto-Oriented Commercial-1 C-7 NSC CA-2 Auto-Oriented Commercial-2 ASC Eliminated >> C-6 (.2) Map Symbols. (.a) The alphanumeric map symbols are…

Zone name Neighborhood Commercial Mixed Use
General category MIXED_USE
Zone area 460.94 ac
Source TITLE 14. ZONING AND PLANNING
Top alternative use upside
Neighborhood: shopping center $4.3M +44.1%
Retail stores $3.9M +33.1%
Auto repair, garage $3.6M +22.5%
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