Building Details

Year Built 1940

Listing Agency: EXP Realty, LLC p***@exprealty.com Show Phone

Listed By: Christopher E. Sooy · License #1751199 Show Phone

Source: Cummingsrealtors

Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 3:26PM

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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 EXP Realty, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This sale includes 11 parcels with 17 residential units and four commercial spaces. Tenants are in place, and the properties are being offered together as one portfolio rather than individually. The assets are sold as-is.

The portfolio is in Lower Chichester Township near Marcus Hook’s regional rail station and I-95 and I-495, with access to Philadelphia and Wilmington.

Key Highlights

• Portfolio includes 11 parcels, 17 residential units, and four commercial spaces
• Existing tenants provide current rental income across the portfolio
• Properties are offered together and will not be sold individually

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$80,197

Cap Rate

3.65%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,603,940 $1.6M

Cap Rate 7%

$1,145,671 $1.1M

Cap Rate 9%

$891,078 $891.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,000 SF

Gross rent

$169.0K $21.12/SF

− Vacancy

−$23.1K −$2.89/SF

EGI

$145.8K $18.23/SF

− OpEx

−$65.6K −$8.20/SF

NOI

$80.2K $10.02/SF

Area

Delaware County, PA

Vacancy

13.70%

Lease Rate

$21.12 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,603,940

Cap Rate 7%

$1,145,671

Cap Rate 9%

$891,078

Alternative Uses

Best Use

Apartment 5plus

$1.15M

$1.00M – $1.34M (±1% cap)

NOI $80,197 @ 7.0% cap · market cap 3.65%

Second Best

Mixed Use

$1.13M

$990.0K – $1.32M (±1% cap)

NOI $79,200 @ 7.0% cap · market cap 3.60%

Theoretical Best

Office A

$2.43M

$2.12M – $2.83M (±1% cap)

NOI $169,786 @ 7.0% cap · market cap 7.72%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center Bakery Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

407

Businesses Nearby

Explore this area Business Placement

Demographics for 19061, PA

20,207

Population

8,381

Households

2.4

Avg Household Size

40

Median Age

21%

College-Educated

92%

High-School Grad

7.0 sq mi

ZIP Area

2,887

Density / Sq Mi

$77,249

Median Household Income

$46,055

Median Earnings

$1,215

Median Rent

$229,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The package combines occupied residential units with commercial space across multiple parcels.

Where is this mixed-use property located?

The property is located at 1376 MARKET STREET Marcus Hook, PA.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Portfolio includes 11 parcels, 17 residential units, and four commercial spaces; Existing tenants provide current rental income across the portfolio; Properties are offered together and will not be sold individually