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

    6208 Germantown Ave Philadelphia, PA 19144

    • Warehouses
    • 59,332 SF
    • 1.97 lot acres
    OFF-MARKET
    Value Estimations
    $6,130,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0039420
    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

    • Warehouses

    Property Details for 6208 Germantown Ave

    Year built
    2002
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.97 lot acres
    Property size
    59,332 SF
    Zone code
    CMX2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    88-4-9262-00
    APU
    884926200

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,475,000
      6.5%
      $6,900,000
      7%
      $6,410,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $7,640,000
      Current use
      RETAIL STORES
      $10,175,000
      Change: +33% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $9,360,000
      Change: +22% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $8,235,000
      Change: +8% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1804
    Latitude
    40.0423
    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
    $53,985
    $771,320
    $3,085,280
    $3,856,600
    -
    $771,320
    $3,085,280
    $3,856,600

    Comparable in this City

    • Value Estimation by Request
      2,193 SF

      272 Rittenhouse St

      MINI-WAREHOUSE, STORAGE • 2,193 SF
      272 Rittenhouse St, Philadelphia, PA 19144-3340
      View Details
    • Value Estimation
      $22,820,000
      203,000 SF

      4433 Wayne Ave

      MINI-WAREHOUSE, STORAGE • 203,000 SF
      4433 Wayne Ave, Philadelphia, PA 19144-3664
      View Details
    • Value Estimation by Request
      3,154 SF

      270 Haines St, Unit 74

      MINI-WAREHOUSE, STORAGE • 3,154 SF
      270 Haines St, Philadelphia, PA 19144-3319
      View Details
    • Value Estimation by Request
      4,628 SF

      5371st Belfield Ave, Unit 73

      MINI-WAREHOUSE, STORAGE • 4,628 SF
      5371st Belfield Ave, Philadelphia, PA 19144-5815
      View Details
    • Value Estimation
      $14,645,000
      123,424 SF

      335 Price St

      MINI-WAREHOUSE, STORAGE • 123,424 SF
      335 Price St, Philadelphia, PA 19144-5755
      View Details
    • Value Estimation by Request
      4,480 SF

      6352nd Morton St, Unit 60

      MINI-WAREHOUSE, STORAGE • 4,480 SF
      6352nd Morton St, Philadelphia, PA 19144-1644
      View Details

    Similar Nearby for Sale

    • 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
      11,800 SF

      Queen Lane Warehouse - Philadelphia

      11,800 SF Warehouse, Manufacturing Space
      67 Queen Ln, Philadelphia, PA 19144
      View Details
    • $799,000
      20,070 SF

      Germantown Loft-Style Warehouse Opportunity

      Spacious industrial warehouse in historic Germantown, Philadelphia.
      24-26 E Coulter St, Philadelphia, PA 19144
      View Details
    • $750,000

      Wayne Avenue Development Opportunity

      Philadelphia Commercial Land, 20 Units Approved
      4949 Wayne Ave, Philadelphia, PA 19144
      View Details
    • $639,000
      2,604 SF

      Victorian Twin in Germantown

      Character-filled home with modern updates and eco-friendly features.
      410 W Price St, 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

    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
    • Contact for pricing
      12,000 SF

      Warehouse with Office and Showroom

      12,000 SF warehouse ideal for manufacturing with office and showroom.
      67 West Queen Ln, Philadelphia, PA 19144
      View Details
    • Contact for pricing
      1,400 SF

      Freedom Square Retail Endcap Space

      Prime Philadelphia Retail Opportunity. High-traffic location.
      5101 Germantown Ave, Philadelphia, PA 19144
      View Details
    • $1,295 /Mo
      1,056 SF

      East Germantown Home For Rent

      Well-maintained 3-bedroom, 1-bath home with new appliances and central AC.
      579 E Herman St, Philadelphia, PA 19144
      View Details
    • Contact for pricing
      1,838 SF

      Retail Space with Ample Parking

      Retail space with entrances on three streets and ample parking.
      29 E Chelten Ave, Philadelphia, PA 19144
      View Details
    • $19 SF/Yr
      12,000 SF

      Germantown Office Space for Lease

      12,000+/- sq ft office space in historic Germantown.
      5536 Pulaski Ave, Philadelphia, PA 19144
      View Details

    Property Visit Statistics

    • Visits by month
      8.2k
    • Visitors by month
      5.3k
    • Avg Time on site
      7 min
    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.
    6208 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.