251 Cayuga StPhiladelphia, PA 19140

Property Details for 251 Cayuga St

Year built

1930

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.13 AC

Property size (Sq ft)

5,576 SF

Zone code

I2

Property type

Auto shops

APN

88-2-9664-70

APU

882966470

Description

This 2,844-square-foot flex warehouse in Philadelphia's Lower North Philadelphia submarket offers a single-tenant occupancy opportunity. Built in 1930, the property boasts a 30-foot ceiling height and a convenient 18-foot drive-in door. Its I-2 zoning allows for a variety of permitted uses. The space is immediately available and features an open warehouse area and a functional office space, previously used as a car repair center. Situated on a 0.13-acre lot at 251 W Cayuga St, Philadelphia, PA 19140, this location provides excellent access to major roadways, including Roosevelt Boulevard (0.3 miles), Broad Street (1 mile), and I-95 (3.6 miles). The property benefits from its proximity to a high-density residential and commercial area, with over 430,000 residents within a 3-mile radius. Public transportation options, including buses, trolleys, and regional rail lines, ensure easy commutes. The property's address is cross-referenced with N. American Street, and its Assessor's Parcel Number (APN) is 882966470. This versatile space presents a compelling opportunity for businesses seeking a well-located and functional industrial property in a thriving urban environment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,897,113

  6.5%

  $1,751,182

  7%

  $1,626,097

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,835,972

  Geo Method

  $1,835,972

• Alternative Use

  Use

  Valuation

  Residential

  $1,477,187

  Hospitality

  $1,353,096

  Educational

  $1,125,760

  Medical

  $1,164,476

  Retail

  $1,751,182

Location Insight

City

Philadelphia

County

Philadelphia

State

Pennsylvania

Latitude

40.0179

Longitude

-75.1312

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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