Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2830 S 20Th St Philadelphia, PA 19132

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Redeveloped campus with retail, creative, and bio/lab spaces available.

    Property size:
    26,600 SF
    Lot size:
    5.82 Acres

    Property Features for 2830 S 20Th St

    General Information

    Size
    26,600 SF
    Lot size
    5.82 Acres

    We can help!

    Listing Contact
    Nadia T Bilynsky
    Nadia T Bilynsky
    Source: Moodyscre

    Listing Agent: Nadia T Bilynsky

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    South Philadelphia Redeveloped Campus Space

    This South Philadelphia campus, listed on the National Register of Historic Places, has been redeveloped into a $250 million hub. The campus, once a critical military logistics center, now features six Art Deco style buildings surrounding a central clocktower. Encompassing approximately 1 million square feet over 24 acres, the campus offers retail space, creative experiential space, and bio/lab offices, along with parking. Spaces range from 5,000 to 380,000 square feet and are divisible. The available spaces feature skylights and ceiling heights from 12 to 75 feet. The campus is located in South Philadelphia, providing access to stadiums, Center City, University City, New Jersey, Delaware, highways, and Philadelphia International Airport. The property is suitable for restaurants, breweries, retail operators, experiential creative interactive users, and fitness users. A contiguous 330,000 square feet under one roof or 180,000 square feet of contiguous space on one floor is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1638176
    Latitude
    39.9974896

    Nearby Similar for Lease

    • $12,000 /Mo
      44,431 SF

      Germantown Office Space for Lease

      Move-in ready office space in Philadelphia's Germantown neighborhood.
      53-69 E Armat St, Philadelphia, PA 19144
      View Details
    • New
      $50,000
      23,958 SF

      Retail Space on Girard Avenue

      New commercial space in luxury residential project near Philadelphia.
      1000 W Girard Ave, Philadelphia, PA 19123
      View Details
    • $5,600 /Mo
      2,178 SF

      Pine Street Commercial Space Available

      Renovated commercial space in Washington Square West's Antique Row.
      1108 Pine St, Philadelphia, PA 19107
      View Details
    • $7,333 /Mo
      28,314 SF

      Office/Retail Space on Columbus Boulevard

      Office and retail spaces with convenient access to transportation and amenities.
      3-7 N Columbus Blvd, Philadelphia, PA 19106
      View Details
    • $8,000 /Mo
      44,431 SF

      Germantown Commercial Space for Lease

      Spacious first-floor commercial space suitable for diverse professional uses.
      53-69 E Armat St Unit, Philadelphia, PA 19144
      View Details
    • $15,000 /Mo

      Retail Space in Philadelphia

      Retail space available for lease in Philadelphia, PA 19107.
      1111 Walnut St, Philadelphia, PA 19107
      View Details
    • $2,100 /Mo
      1,307 SF

      Commercial Space in Cobbs Creek

      Renovated commercial space suitable for various businesses, available in March.
      622 S 60Th St, Philadelphia, PA 19143
      View Details
    • $3,200 /Mo

      Prime Old City Retail Space

      High-visibility retail space in Philadelphia's historic Old City neighborhood.
      58 N 2Nd St, Philadelphia, PA 19106
      View Details
    • $2,795 /Mo

      Versatile Flex Space in Old City

      Spacious 3-level apartment with street-level access in historic Old City.
      107 Arch St, Philadelphia, PA 19106
      View Details
    • $2,900 /Mo

      Equipped Restaurant Space Available

      Turnkey restaurant space for lease in Philadelphia, PA.
      1605 E Wadsworth Ave, Philadelphia, PA 19150
      View Details
    • $2,200 /Mo
      1,307 SF

      Germantown Avenue Retail/Office Space

      Two-level retail/office space in Philadelphia's Germantown neighborhood.
      6761 Germantown Ave, Philadelphia, PA 19119
      View Details
    • $2,000 /Mo
      1,307 SF

      Germantown Ave Retail/Office Space

      Retail or office space available on Germantown Avenue.
      6761 Germantown Ave, Philadelphia, PA 19119
      View Details

    FAQs

    What type of property is this?
    Retail space - Redeveloped campus with retail, creative, and bio/lab spaces available.
    Where is this retail space located?
    The property is located at 2830 S 20Th St Philadelphia, PA.
    What are key features of this property?
    This property features: - Up to 330,000 SF of contiguous space under one roof, or 180,000 SF on one floor.; - Located in South Philadelphia with easy access to stadiums, Center City, University City, NJ, DE, highways, and Philadelphia Int’l Airport.; - Part of a $250 million redevelopment hub on the National Register of Historic Places.
    (215) 413-4900
    Request Owner's contact information
    2830 S 20Th St Philadelphia, PA 19132
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2830 S 20Th St
    Philadelphia, PA 19132
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2830 S 20Th St Philadelphia, PA 19132
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nadia T Bilynsky
    Nadia T Bilynsky
    Real Estate License ID: RS311101
    (215) 413-4900
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.