Philadelphia Industrial Property for
For Sale
Contact for pricing
919 S 53rd St, Philadelphia, PA
Industrial property in Philadelphia, PA, with ultra-dense demographics.
Property Size15,348 SF
Lot Size0.45 Acres
Price / SF$195.47
Days on Market487
Property Features for 919 S 53rd St
General Information
Standard status
Active
Size
15,348 SF
Lot size
0.45 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Legacy Real Estate Advisors
(248) 450-3259
Listed By:
Dominic Shamany · License ##6506047766
(248) 450-3259
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:11AM
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 Legacy Real Estate Advisors
Investment Insights
Based on property information with market context.
This industrial property is located in Philadelphia, PA, part of the Philadelphia MSA, which is ranked #8 in the U.S.A. The property benefits from ultra-dense demographics, with over 413,000 people residing within a 3-mile radius. It is approximately a 17-minute drive to Philadelphia International Airport and is in close proximity to Downtown Philadelphia, the University & Hospital of Pennsylvania, the Philadelphia Museum of Art, Barnes Foundation, and the Franklin Institute. The property encompasses 15,348 square feet.
Key Highlights
- Located in Philadelphia, PA - a Top 10 MSA (#8) in the U.S.A.
- Ultra Dense Demographics - over 413,000 people reside within 3 mile radius.
- 17 minute drive to Philadelphia International Airport.
Financial Insights For Industrial
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 | $175.0k | $11.40 |
| − Vacancy | −$14.0k | −$0.91 |
| EGI | $161.0k | $10.49 |
| − OpEx | −$48.3k | −$3.15 |
| NOI | $112.7k | $7.34 |
15,348 SF · lease $11.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.61M
$1.41M – $1.88M
NOI $112,679 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.74M
$3.27M – $4.37M
NOI $261,912 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,754
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Industrial properties in Philadelphia
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property in Philadelphia, PA, with ultra-dense demographics.
Where is this industrial property located?
The property is located at 919 S 53rd St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Located in Philadelphia, PA - a Top 10 MSA (#8) in the U.S.A.; Ultra Dense Demographics - over 413,000 people reside within 3 mile radius.; 17 minute drive to Philadelphia International Airport.
