7500 State Rd Philadelphia, PA 19136-3402
- Flex space
- 98,995 SF
- 2.64 lot acres
Current Use by Public Records
- Sweet Lucy's Smokehouse / Barbecue Restaurant / Restaurant
Property Details for 7500 State Rd
- Year built
- 1949
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.64 lot acres
- Property size
- 98,995 SF
- Zone code
- I2
- Property type
- Flex space
- APN
- 88-4-2554-50
- APU
- 884255450
Description
This exceptional 98,995-square-foot industrial warehouse, situated on a 2.63-acre lot in Philadelphia's Tacony section, presents a significant opportunity. The property boasts a single, expansive suite currently offering 90,000 square feet of vacant space, ideal for a variety of distribution or warehouse operations. The building features a 16'2" ceiling height, providing ample vertical storage capacity. Access is convenient with 1 loading dock and 4 drive-in doors, ensuring efficient loading and unloading. Ample private parking is available for employees and visitors. The property benefits from a 281-foot frontage on State Road, providing excellent visibility and accessibility. Its strategic location offers immediate access to major transportation arteries, including State Road, the Tacony-Palmyra Bridge, I-95, and Center City Philadelphia. The property is zoned I-2 Medium Industrial (City of Philadelphia), allowing for a range of industrial uses. This prime location in Philadelphia County, PA, zip code 19136, combines excellent access to transportation networks with a substantial warehouse space, making it an attractive investment for businesses seeking a strategic location in the Philadelphia market. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,080,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,670,000
- 6.5%
- $7,410,000
- 7%
- $7,650,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,275,000
- Geo Method
- $7,455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $8,625,000
- Retail
- $7,005,000
- Mixed-Use
- $6,995,000
- Hospitality
- $7,665,000
- Educational
- $8,290,000
- Residential Income
- $8,630,000
- Energy
- $7,745,000
- Income-Based Land
- $7,930,000
- Food Service
- $8,290,000
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.0273
- Latitude
- 40.0292
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
