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2651 Wheatsheaf Lane Philadelphia, PA $ 749,000
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$ 749,000 Get more info
2651 Wheatsheaf Lane
$ 749,000
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2651 Wheatsheaf Lane

Philadelphia, PA, 19137
$ 749,000
Bedrooms-- Baths-- Sq 37,108

Monthly Estimate*

$ 4,673

2651 Wheatsheaf Lane, Philadelphia, PA 19137 - Image 1

Commercial Property for sale in Philadelphia, PA

for $749,000. This 37,108 square foot building was built in 2025 on a lot size of 0.85.

This is a fully leased Industrial Outdoor Storage (IOS) parcel, leased to a tow operator. The 5 year NNN lease states that tenant pays property taxes. Landlord pays liability insurance ($675/yr). The 5-year NNN lease started April 2024 and has a Renewal option at landlords set rent for 5 years. Expenses: Tenant pays taxes, insurance, maintenance, utilities, snow removal, etc. This is a turnkey passive income play with built-in rent growth, perfect for 1031 buyers or investors who want simple mailbox money. In-place Cap Rate 8.6% cap rate.

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Commercial Contingent

Price

$ 749,000

Property Type

Commercial

Taxes

$ 15,397

Style

Auto Related

Lot Size

0.85

Year Built

2025

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2545596
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Other
Heating Other
Cooling Other
Possession Settlement
Zoning I2
Construction Materials Other
Year Built 2025
Property Subtype Land for Commercial Use
Tax Year 2025
Ownership Fee Simple
Cool Fuel Other
Municipality PHILADELPHIA
Business Type Auto Related
Accessibility None
County PHILADELPHIA
Net Operating Income 63597.00
New Construction N
Property Type Commercial Sale
Subdivision Name PORT RICHMOND
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Turn southeast on wheatsheaf lane from Aramingo
City PHILADELPHIA
MLS Area 19137 (19137)
Lot Size Units Square Feet
Lot Size Square Feet 37083.00
Tax Annual Amount 15397.0
Price Per Sq Ft Total AG 20.18
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 19
Cap Rate 8.50
Association Recreation Fee N
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Exterior
Water Source Other
Type of Parking None
Water View Y/N N
Building Area Total 37108.00
Lot Dimensions 152.00 x 99.00
Lot Size Acres 0.85
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility Boro/Township
Land Assessed Value 1100000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2651
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* Excluded Features
List By
Keller Williams Main Line

Broker

jon@mccannteamcommercial.com

Email

Affordability Calculator

$5,956
Per Month
78%
22%
0%
Monthly Principal & Interest
$4,673
Monthly Property Taxes
$1,283
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
11/24/2025$749,000 -5.79% Price Down
10/7/2025$795,000 Listed Price

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2651 Wheatsheaf Lane, Philadelphia, PA, 19137 is a Commercial Property for sale at $749,000 with 37,108 sqft and a lot size of 0.85. 2651 Wheatsheaf Lane was built in 2025. The property's zip code is 19137 which is in Philadelphia, PA

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