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Property profile & analytics
OFF-MARKET Estimated value $570,000
Auto shops

8128 Erdrick St Philadelphia, PA 19136

7,846 SF 0.37 ac lot Built 1940
Entity Owned 9-yr Hold Free & Clear
Property ID
US73-0216187
Property summary
AI-generated overview

This exceptional Philadelphia commercial property, located at 8128 Erdrick St, offers a unique investment opportunity. The 8,000-square-foot mixed-use building, currently configured as an auto body shop, boasts impressive 16-foot ceilings and two large garage doors, providing significant flexibility for various commercial ventures. Situated on a 16,272-square-foot lot in Philadelphia County, PA, 19136, the property is zoned RM1. The building includes 2 units and offers 25 off-street parking spaces, a significant advantage in a bustling urban environment. An active lease is in place, guaranteeing rental income until December 2025, providing immediate return on investment. This property presents a compelling opportunity for investors seeking stable returns or business owners looking for a strategically located space with substantial potential. The ample space, high ceilings, and convenient parking make this a truly versatile and attractive commercial property. The property's location in Philadelphia offers easy access to major transportation routes and a thriving commercial district. This is a rare opportunity to acquire a well-situated, income-producing property in a desirable Philadelphia neighborhood.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,846 SF
Lot 0.37 ac (16,272 SF)
Zoning code RM1
APN 88-2-9677-10
UPID US73-0216187
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
  • Barbosa auto repair Auto Repair Shop
  • Real Dreams Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$548k
Blend (final) Blend
$570k
Owner & transaction history
Sperduto Investments LLC · 9 yrs held
Sperduto Investments LLC
since 2017
2 recorded transactions
2017
Price N/A
2017
$220,000
Zoning & alternative use
RM1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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