For Sale Warehouse
For Sale
$3,600,000
10071 Sandmeyer Ln, Philadelphia, PA 19116
Warehouse property offered for sale at Sandmeyer Lane in Philadelphia, PA.
Property Size20,000 SF
Price / SF$180
Days on Market98
Property Features for 10071 Sandmeyer Ln
General Information
Standard status
Active
Size
20,000 SF
Site & Location
Neighborhood
Northeast Philadelphia
Building Details
Year Built
1985
Listing Agency:
Realty Mark Associates
Listed By:
Tetiana Sodol
(267) 530-0684
Source:
Kandorre
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 7 at 1:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Mark Associates
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Investment Insights
Based on property information with market context.
This for-sale warehouse property is listed with a sales price of $3,600,000 and a total property size of 20,000 square feet.
The asset is located at 10071 Sandmeyer Lane in Philadelphia, Pennsylvania 19116. The property is identified as a warehouse within the broader commercial real estate and “other warehouses” categories.
While no additional improvements, unit layout, dock or door counts, clear height, or site details are provided in the available information, this offering represents a 20,000-square-foot warehouse asset for prospective buyers seeking a commercial warehouse configuration in Philadelphia.
The asset is located at 10071 Sandmeyer Lane in Philadelphia, Pennsylvania 19116. The property is identified as a warehouse within the broader commercial real estate and “other warehouses” categories.
While no additional improvements, unit layout, dock or door counts, clear height, or site details are provided in the available information, this offering represents a 20,000-square-foot warehouse asset for prospective buyers seeking a commercial warehouse configuration in Philadelphia.
Key Highlights
- Warehouse property offered for sale on Sandmeyer Lane in Philadelphia, PA
- Lot dimensions: 218.00 x 400.00
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,571
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,091,420
$4.1M
Cap Rate 7%
$2,922,443
$2.9M
Cap Rate 9%
$2,273,011
$2.3M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$261.6K $13.08/SF
− Vacancy
−$20.9K −$1.05/SF
EGI
$240.7K $12.03/SF
− OpEx
−$36.1K −$1.81/SF
NOI
$204.6K $10.23/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,091,420
Cap Rate 7%
$2,922,443
Cap Rate 9%
$2,273,011
Alternative Uses
Best Use
Warehouse
$2.92M
$2.56M – $3.41M
NOI $204,571 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.88M
$4.27M – $5.69M
NOI $341,298 @ 7.0% cap · market cap 9.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Similar Off Market Nearby
- Pine Valley Storage — 225 Geiger Rd, Philadelphia, PA 19115
- Cannonball Storage — 33 Tomlinson Rd, Huntingdon Valley, PA 19006
- Franks Self Storage Facility — 3010 Franks Rd, Huntingdon Valley, PA 19006
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property offered for sale at Sandmeyer Lane in Philadelphia, PA.
Where is this warehouse located?
The property is located at 10071 Sandmeyer Ln Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Warehouse property offered for sale on Sandmeyer Lane in Philadelphia, PA; Lot dimensions: 218.00 x 400.00; Central air conditioning
