5561 BAYNTON STREET Philadelphia, PA 19144
10,000 sq ft lot with 4,162 sq ft interior.
- Added:
- Jul 13, 2023
- Days on Market:
- 1097
- Last Refresh:
- Apr 5 at 8:18 pm
Property Features for 5561 BAYNTON STREET
General Information
- Standard status
- Active
- Size
- 4,162 SF
- Lot size
- 0.23 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1920
Listing office HomeSmart Realty Advisors (215) 715-6326
Listing date Jul 13, 2023
Source Exitrealty
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 HomeSmart Realty Advisors
Investment Insights
Based on property information with market context.
Key Highlights
- Large 10,000 sq ft land parcel with 4,162 sq ft interior space offers significant development potential.
- Flexible zoning allows for conversion to various uses, including professional office space (architect plans available).
- Includes an existing lot that extends to Armat St, potentially increasing value and access.
Local Financial Insights For Retail
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 | $74.9k | $18.00 |
| − Vacancy | −$7.7k | −$1.85 |
| EGI | $67.2k | $16.15 |
| − OpEx | −$20.2k | −$4.84 |
| NOI | $47.0k | $11.30 |
Alternative Uses
Property Analytics
Current Use by Public Records
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