2817 Cedar StPhiladelphia, PA 19134

  • Manufacturing properties
  • 14,420 SF
For Sale
$1,500,000 View listing

Property Details for 2817 Cedar St

Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.31 AC
Property size (Sq ft)
14,420 SF
Zone code
I2
Property type
Manufacturing properties
APN
88-4-6713-00
APU
884671300

Description

This exceptional industrial warehouse, located at 2817 Cedar Street in Philadelphia, Pennsylvania, presents a compelling investment opportunity. The property boasts 14,420 square feet of space situated on a 13,600 square foot lot, offering ample room for operations. The building, constructed in 1915, features a two-story design with approximately 13,000 square feet of warehouse space on the first floor and approximately 1,000 square feet of office space on the second. The warehouse benefits from one dock-high loading dock accessible from Cedar Street, providing convenient loading and unloading capabilities. Ceiling heights range from 10 feet 8 inches to 15 feet 8 inches, accommodating various storage and operational needs. Currently 100% occupied, the property is zoned I-2, reflecting its suitability for industrial uses. Its prime location, just one block from Aramingo Avenue and East Somerset Street, places it within proximity to ongoing new construction developments, suggesting strong potential for future appreciation. The asking price is $1,500,000, translating to $104.02 per square foot. This single-unit property offers a unique chance to acquire a well-located, fully occupied industrial warehouse in a thriving area of Philadelphia.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,134,903
    Hospitality
    $2,871,554
    Educational
    $2,389,100
    Medical
    $2,471,264
    Retail
    $3,716,377

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9834
Longitude
-75.1144
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
$6,131
$87,600
$350,400
$438,000
-
$87,600
$350,400
$438,000

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