19,500 SF Warehouse on 2.37
10096 Sandmeyer Lane Philadelphia, PA 19116
10096 Sandmeyer Lane, Philadelphia, PA, 19116
$5,000,000
For Sale
$5,000,000
Warehouse with outdoor storage, expandable, abundant labor, and convenient location.
Property Size19,500 SF
Price / SF$256.41
Days on Market314
Property Features for 10096 Sandmeyer Lane
General Information
- Standard status
- Active
- Size
- 19,500 SF
- Property subtype
- Industrial
Listing Agency
Lee & Associates | Suburban Philadelphia
(610) 400-0486
Listed by
Tony Rod, SIOR · License #PA #RS275771
Source
Lee-associates
Added: Sep 10, 2025 Checked: Jul 19 at 3:43 am
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 Lee & Associates | Suburban Philadelphia
Investment Insights
Based on property information with market context.
This 19,500 square foot warehouse is situated on 2.37 acres. The property features approximately 5,000 square feet of office space and an 18-foot ceiling height. It includes four drive-in doors and parking for seven cars, plus street parking. The zoning is I2 – Medium Industrial. The property offers outdoor storage, is expandable, and has access to abundant labor. It is located 2.2 miles from Route 1, 6.5 miles from I-276, and 6.7 miles from I-95.
Key Highlights
- 19,500 SF Warehouse on 2.37 Acres
- Excellent Location: Close to Route 1, I‑276, and I‑95
- I2 – Medium Industrial Zoning
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $255.1k | $13.08 |
| − Vacancy | −$20.4k | −$1.05 |
| EGI | $234.7k | $12.03 |
| − OpEx | −$35.2k | −$1.81 |
| NOI | $199.5k | $10.23 |
19,500 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.85M
$2.49M – $3.32M
NOI $199,457 @ 7.0% cap · market cap 3.99%
Second Best
Industrial
$2.05M
$1.79M – $2.39M
NOI $143,161 @ 7.0% cap · market cap 2.86%
Theoretical Best
Multifamily LT 5
$4.75M
$4.16M – $5.55M
NOI $332,765 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Stelwagon Roofing Supply, ...
Big Box & Wholesale Store
Hill Construction Corporation
Roofing Company
Dambuster Deicer
Roofing Company
Similar For Sale Nearby
Similar Off Market Nearby
- Franks Self Storage Facility — 3010 Franks Rd, Huntingdon Valley, PA 19006
- Pine Valley Storage — 225 Geiger Rd, Philadelphia, PA 19115
- Cannonball Storage — 33 Tomlinson Rd, Huntingdon Valley, PA 19006
FAQs
What type of property is this?
Warehouse - Warehouse with outdoor storage, expandable, abundant labor, and convenient location.
Where is this warehouse located?
The property is located at 10096 Sandmeyer Lane Philadelphia, PA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 19,500 SF Warehouse on 2.37 Acres; Excellent Location: Close to Route 1, I‑276, and I‑95; I2 – Medium Industrial Zoning
