1646 51St StPhiladelphia, PA 19143

  • Industrial properties
  • 13,155 SF

Property Details for 1646 51St St

Year built
1945
Construction
METAL FRAME
Lot size
12.01 AC
Property size (Sq ft)
13,155 SF
Zone code
I2
Property type
Industrial properties
APN
88-4-2173-25
APU
884217325

Description

This exceptional 12-acre site in Philadelphia, PA, presents a prime opportunity for warehouse development. Located at 1646 S. 51st Street, this I-2 zoned property boasts 165,000 square feet, offering significant potential for a large-scale warehouse or industrial facility. The property includes 38 loading docks, 41 dock-high doors, and a substantial 36-foot ceiling height, ideal for various industrial uses. Ample parking is provided with 177 spaces, featuring separate ingress/egress from the trailer loading area. The site's strategic location offers easy access to major transportation arteries, including I-76 (via Grays Ferry Avenue, 1.2 miles) and I-95 (via Lindbergh Boulevard, 3.18 miles), as well as proximity to Philadelphia International Airport (4.9 miles) and PhilaPort (9.9 miles). Public transit is readily accessible via SEPTA Light Rail Route 36. This ground lease opportunity is offered under a NNN lease structure for a single tenant. The property's dimensions are approximately 728 feet by 228 feet. This is a rare chance to acquire a substantial, well-located industrial development site in a thriving market. The property is owned by Alliance HP.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,239,911
    Hospitality
    $3,883,736
    Educational
    $3,231,222
    Medical
    $3,342,349
    Retail
    $5,026,346

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9363
Longitude
-75.2096
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
$108,037
$3,010,020
$4,707,980
$7,718,000
-
$3,010,020
$4,707,980
$7,718,000

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