Two-Story Commercial
For Sale
Contact for pricing
1035 West Baltimore Pike, Media, PA 19063
Two-story commercial building with public water and sewer, situated on a zoned C-2 general commercial site.
Property Size19,690 SF
Lot Size0.83 Acres
Price / SF$136.87
Days on Market144
Property Features for 1035 West Baltimore Pike
General Information
Standard status
Active
Size
19,690 SF
Lot size
0.83 Acres
Property subtype
Retail, Office, Mixed Use
Zoning
C-2 General Commercial District
Investment Type
Owner/User
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Buildings
1
Stories
2
Units
22
Listing Agency:
Karmar Realty Group
Listed By:
Justin Soss · License #PA
(610) 459-8585
Source:
Crexi
Added: Apr 17
Changed: Sep 1
Last Checked: Sep 7 at 10:52AM
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 Karmar Realty Group
Investment Insights
Based on property information with market context.
Two-story commercial building totaling 19,690 +/- square feet on a .83 +/- acre site. The property is set up as a former Hannum’s Harley Davidson location and offers a straightforward commercial footprint for a variety of uses, subject to zoning and approvals. Public water and sewer are available.
Positioned in a high-profile setting on Baltimore Pike, the property is zoned C-2 General Commercial District. This zoning classification supports a broad range of general commercial activity, making the site suitable for prospective buyers and tenants seeking an established commercial location.
The building’s two-story configuration provides flexibility in how interior space is organized for day-to-day operations, while the site’s utilities support standard commercial occupancy.
Positioned in a high-profile setting on Baltimore Pike, the property is zoned C-2 General Commercial District. This zoning classification supports a broad range of general commercial activity, making the site suitable for prospective buyers and tenants seeking an established commercial location.
The building’s two-story configuration provides flexibility in how interior space is organized for day-to-day operations, while the site’s utilities support standard commercial occupancy.
Key Highlights
- 19,690 +/- SF two‑story commercial building
- .83 +/- acre site
- Zoned C‑2 general commercial district
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$193,307
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,866,140
$3.9M
Cap Rate 7%
$2,761,529
$2.8M
Cap Rate 9%
$2,147,856
$2.1M
Market Conditions
NOI Build-Up for 19,690 SF
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.
Gross rent
$295.4K $15.00/SF
− Vacancy
−$19.2K −$0.98/SF
EGI
$276.2K $14.03/SF
− OpEx
−$82.8K −$4.21/SF
NOI
$193.3K $9.82/SF
Area
Delaware County, PA
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,866,140
Cap Rate 7%
$2,761,529
Cap Rate 9%
$2,147,856
Alternative Uses
Best Use
Office B
$4.61M
$4.04M – $5.38M
NOI $322,806 @ 7.0% cap · market cap 11.98%
Second Best
Retail
$2.76M
$2.42M – $3.22M
NOI $193,307 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$5.97M
$5.22M – $6.96M
NOI $417,887 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19063, PA
38,338
Population
16,128
Households
2.4
Avg Household Size
46
Median Age
60%
College-Educated
97%
High-School Grad
25.1 sq mi
ZIP Area
1,527
Density / Sq Mi
$121,899
Median Household Income
$70,147
Median Earnings
$1,623
Median Rent
$505,500
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Showroom - Two-story commercial building with public water and sewer, situated on a zoned C-2 general commercial site.
Where is this showroom located?
The property is located at 1035 West Baltimore Pike Media, PA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: 19,690 +/- SF two‑story commercial building; .83 +/- acre site; Zoned C‑2 general commercial district
