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    Renovated Flex Space For Sale Title is generated by Realmo AI

    1501 Blueball Ave, Marcus Hook, PA

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    Partially renovated flex space with immediate highway access.

    Type:INDUSTRIAL
    Property size:
    24,000 SF
    Lot size:
    4.13 Acres
    Price / SF:
    $83/SF
    Added:
    Mar 10, 2025
    Days on Market:
    462
    Last Refresh:
    May 20 at 8:04 pm

    Property Features for 1501 Blueball Ave

    General Information

    Standard status
    Active
    Size
    24,000 SF
    Lot size
    4.13 Acres
    Property subtype
    INDUSTRIAL

    Properties For Sale

    at 1501 Blueball Ave Contact us

    We can help!

    Listing Contact
    Steve T. Italiano

    Listing agent Steve T. Italiano

    Listing office Italiano Commercial Real Estate Services

    Listing date Mar 10, 2025

    Source Moodyscre

    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 Italiano Commercial Real Estate Services

    HighLights

    • Immediate Access to Multiple I‑95 Exits
    • 13,200 volt HT power and 80% air conditioned
    • Dock loading with Drive in potential
    • Established Business Park Setting Next to FEDEX
    • Large parking lot and outside storage in rear
    • Minutes to Airport, I‑476, Rt. 322, Jersey & Delaware

    Overview

    This 24,000 square foot property offers partially renovated office, flex, and R&D space. It features 13,200 volt HT power and is 80% air conditioned. The property provides immediate access to multiple I-95 exits and is located minutes from the airport, I-476, Route 322, New Jersey, and Delaware. Situated in an established business park setting next to FedEx, the property includes dock loading with drive-in potential. A large parking lot and outside storage are available in the rear. This property represents a rare opportunity in Delaware County.

    Local Financial Insights For Flex RnD

    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 $273.6k $11.40
    − Vacancy −$15.3k −$0.64
    EGI $258.3k $10.76
    − OpEx −$90.4k −$3.77
    NOI $167.9k $7.00
    24,000 SF · lease $11.40/SF/yr · vacancy 5.60% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $2.40M
    $2.10M – $2.80M (±1% cap)
    NOI $167,881 @ 7.0% cap · market cap 8.42%
    Second Best
    Industrial
    $2.08M
    $1.82M – $2.43M (±1% cap)
    NOI $145,567 @ 7.0% cap · market cap 7.30%
    Theoretical Best
    Office A
    $7.28M
    $6.37M – $8.49M (±1% cap)
    NOI $509,359 @ 7.0% cap · market cap 25.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Full Plate Culinary — 1449 Yates Ave, Marcus Hook, PA 19061

    Location Insight

    • Map
    • Local Demand
    City
    Marcus Hook
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.4331
    Latitude
    39.8232

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    FAQs

    What type of property is this?
    Flex space - Partially renovated flex space with immediate highway access.
    Where is this flex space located?
    The property is located at 1501 Blueball Ave Marcus Hook, PA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Immediate Access to Multiple I‑95 Exits; 13,200 volt HT power and 80% air conditioned; Dock loading with Drive in potential
    (610) 918-1990 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steve T. Italiano
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