Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    453 E Franklin St Media, PA 19063

    Sponsored
    For Sale
    $1,250,000

    MULTI_FAMILY - Other - MEDIA, PA

    Property size:
    3,542 SF
    Lot size:
    0.09 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 21 at 7:06 am

    Property Features for 453 E Franklin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Basement
    Parking
    2
    Parking features
    Garage - Detached
    Size
    3,542 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Number of units
    2
    Building materials
    Concrete, HardiPlank Type
    Architectural style
    Other

    We can help!

    Listing Contact
    Erica Walker

    Keller Williams Real Estate (610) 363-4300 [email protected]

    Listing agent Erica A Walker (610) 363-4300 License #RS333340

    Listing date Jan 16, 2026

    MLS# PADE2106732 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Construction Multifamily with Studio

    This multifamily property features a main residence with 4 bedrooms and 2.5 bathrooms. A bonus studio apartment, containing 1 bedroom and 1 bathroom, is located above the detached 2-car garage. The property is new construction, crafted by a luxury builder. It is located in a walkable location in Media, Pennsylvania. The property offers flexibility and investment potential. It is located near local shops, cafes, community events, and the Media train station. The property size is 3,542 square feet on a lot of 0.09 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Media
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.38074
    Latitude
    39.91506

    Nearby Similar for Sale

    • New
      $1,100,000
      3,230 SF

      New Construction Duplex with Income Potential

      New construction duplex with studio apartment in Media, PA.
      453 E Franklin St, Media, PA 19063
      View Details
    • $1,300,000

      Versatile Commercial Property in Media

      Mixed-use property in Media, PA with parking and flexible spaces.
      349 W State St, Media, PA 19063
      View Details
    • $348,000
      0.06 Acres

      Updated Office Building in Media

      Well-maintained office building with flexible space and high visibility.
      851 N Providence Rd, Media, PA 19063
      View Details
    • $348,000
      0.06 Acres

      Updated Office Building in Media

      Well-maintained office building with flexible space and high visibility.
      851 N Providence Rd, Media, PA 19063
      View Details
    • $1,350,000

      Wallingford Office Building For Sale

      Iconic 6100 sq ft office building with excellent visibility.
      101 N Providence Rd, Wallingford, PA 19086
      View Details
    • $1,350,000

      Wallingford Office Building For Sale

      Iconic 6,100 sq ft office building with parking.
      101 N Providence Rd, Wallingford, PA 19086
      View Details
    • Contact for pricing

      Prime Office Location in Media

      Professional office space available near downtown Media, Pennsylvania.
      105 Chesley Dr, Media, PA 19063
      View Details
    • $690,000
      1,800 SF

      Mixed-Use Property in Downtown Media

      Multi-use property with retail space and apartment in Media.
      20 S Orange St, Media, PA 19063
      View Details
    • $550,000

      Office Building in Media, PA

      Three-story office building with conversion potential and parking.
      335 W Baltimore Ave, Media, PA 19063
      View Details
    • $550,000

      MEDIA, PA Office Building

      Three-story office building with conversion potential in Media, PA.
      333 W Baltimore Ave, Media, PA 19063
      View Details
    • Contact for pricing

      Commercial Property in MEDIA, PA

      Commercial property for sale in MEDIA, Pennsylvania, 19063.
      10 Beatty Rd, Media, PA 19063
      View Details
    • $925,000
      0.08 Acres

      Fully Leased Office Buildings

      Two fully leased office buildings near downtown Media, Pennsylvania.
      9 W Front St, Media, PA 19063
      View Details

    FAQs

    What type of property is this?
    Multifamily property - New construction multifamily property with flexible studio apartment in Media.
    Where is this multifamily property located?
    The property is located at 453 E Franklin St Media, PA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - New construction in a boutique enclave of only three homes in a coveted, walkable Media location.; - Bonus studio apartment above the detached 2-car garage offers flexible space or rental income potential.; - Main residence features 4 bedrooms and 2.5 bathrooms with a spacious, modern layout.
    (610) 363-4300
    Request Owner's contact information
    453 E Franklin St Media, PA 19063
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    453 E Franklin St
    Media, PA 19063
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    453 E Franklin St Media, PA 19063
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Erica Walker
    Real Estate License ID: RS333340
    (610) 363-4300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.