3213 Frankford AvePhiladelphia, PA 19134

  • Industrial properties
  • 9,348 SF
For Sale
$589,999 View listing

Property Details for 3213 Frankford Ave

Year built
1930
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.07 AC
Property size (Sq ft)
9,348 SF
Zone code
ICMX
Property type
Industrial properties
Property subtype
Other warehouses
APN
88-4-8459-02
APU
884845902

Description

This 9,350-square-foot warehouse at 3213 Frankford Ave, Philadelphia, PA 19134, offers a compelling adaptive reuse opportunity. The Class C building boasts impressive curb appeal with its redbrick exterior and oversized industrial windows, showcasing exposed brick and beam interiors. The property sits on a 2,997-square-foot lot and features three stories. Its ICMX zoning allows for high-density development, and it's eligible for a 10-year tax abatement. Located on a rapidly developing section of Frankford Avenue, this property benefits from its proximity to popular shops, restaurants, and cafes, as well as easy access to the Delaware River waterfront, SEPTA transportation (Market Frankford El train), Center City, University City, and I-95. The asking price is $589,999, translating to $63.10 per square foot. This is a value-add opportunity in a prime Philadelphia location. The net rentable area is 9,350 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,032,252
    Hospitality
    $1,861,532
    Educational
    $1,548,773
    Medical
    $1,602,037
    Retail
    $2,409,202
3213 Frankford Ave, Philadelphia, Pennsylvania

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9931
Longitude
-75.1096
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
$5,657
$80,820
$323,280
$404,100
-
$80,820
$323,280
$404,100

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