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Property profile & analytics
FOR SALE
Warehouses

827 Spring Garden St Philadelphia, PA 19123

17,862 SF 0.51 ac lot Built 1955
Entity Owned 8-yr Hold Free & Clear
Property ID
US73-1534565
827 Spring Garden St, Philadelphia, PA 19123 For Sale
$2,290,000 17,862 SF
827 Spring Garden St, Philadelphia, PA 19123
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Property summary
AI-generated overview

This exceptional 17,950-square-foot warehouse property is situated at 827 Spring Garden Street in Philadelphia, Pennsylvania, within Philadelphia County, zip code 19123. The single-tenant industrial building boasts a highly visible corner location at the signalized intersection of North 9th and Spring Garden Streets, providing substantial retail exposure along Spring Garden Street. The property offers a versatile layout including extensive office space, warehouse space, and flexible areas suitable for a variety of uses, extending along North 9th Street. The building provides ample parking with 11 spaces available. This location benefits significantly from its position within the rapidly developing Spring Garden corridor, an area experiencing substantial growth with over $1 billion in new projects underway. This surge in development is bringing thousands of new residential units, office spaces, and retail establishments to the neighborhood, creating a dynamic and thriving commercial environment. The property's strategic location and versatile space make it an ideal investment opportunity for businesses seeking a prominent presence in a rapidly expanding area of Philadelphia. The property is classified as an industrial warehouse and is a single-tenant occupancy.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,862 SF
Lot 0.51 ac (22,151 SF)
Zoning code IRMX
APN 88-4-5720-00
UPID US73-1534565
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
  • Sherwin-Williams Commercial Paint Store Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.81M
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$2.29M
Owner & transaction history
Sa Living Fund LLC · 8 yrs held
Sa Living Fund LLC
since 2018
5 recorded transactions
2024
Price N/A
2022
Price N/A
2018
$3.5M
2018
Price N/A
1969
Price N/A
Zoning & alternative use
IRMX · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $3.3M +44.1%
Retail stores $3.1M +33.1%
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