Industrial Warehouse and Flex
For Sale
Contact for pricing
1573 East Philadelphia Avenue, Gilbertsville, PA 19525
A 5,100-square-foot warehouse and flex facility for buyers seeking flexible industrial space.
Property Size5,100 SF
Price / SF$98.04
Days on Market57
Property Features for 1573 East Philadelphia Avenue
General Information
Standard status
Active
Size
5,100 SF
Total Parking Spaces
30
Property subtype
Mixed Use
Zoning
R2
Additional Details
Road Access
Yes
Building Details
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
422 Commercial Realty
(610) 970-4202
Listed By:
Jim Watters · License #RM420153
Source:
Crexi
Added: Jun 17
Changed: Aug 8
Last Checked: Aug 11 at 8:38AM
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 422 Commercial Realty
Investment Insights
Based on property information with market context.
This property offers 5,100 square feet of industrial warehouse and flex space. The listing describes the asset as a single commercial building designed to accommodate a mix of warehouse and flexible operational needs.
The property is located at 1573 East Philadelphia Avenue in Gilbertsville, Pennsylvania, with the public remarks noting frontage on Route 73. This makes it a straightforward option for businesses that benefit from roadway visibility and practical access for day-to-day logistics.
For buyers, this building’s combined warehouse and flex positioning can support a range of industrial users who need both storage and adaptable interior space. Its size is well-suited to owner-operators and small-to-mid sized operations looking for a contained facility rather than a multi-tenant layout.
The property is located at 1573 East Philadelphia Avenue in Gilbertsville, Pennsylvania, with the public remarks noting frontage on Route 73. This makes it a straightforward option for businesses that benefit from roadway visibility and practical access for day-to-day logistics.
For buyers, this building’s combined warehouse and flex positioning can support a range of industrial users who need both storage and adaptable interior space. Its size is well-suited to owner-operators and small-to-mid sized operations looking for a contained facility rather than a multi-tenant layout.
Key Highlights
- 5,100 sq ft warehouse and flex facility
- Located on Rt 73
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,442
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$748,840
$748.8K
Cap Rate 7%
$534,886
$534.9K
Cap Rate 9%
$416,022
$416.0K
Market Conditions
NOI Build-Up for 5,100 SF
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.
Gross rent
$58.1K $11.40/SF
− Vacancy
−$4.7K −$0.91/SF
EGI
$53.5K $10.49/SF
− OpEx
−$16.0K −$3.15/SF
NOI
$37.4K $7.34/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$748,840
Cap Rate 7%
$534,886
Cap Rate 9%
$416,022
Alternative Uses
Best Use
Flex RnD
$835.0K
$730.7K – $974.2K
NOI $58,453 @ 7.0% cap · market cap 11.69%
Second Best
Warehouse
$745.2K
$652.1K – $869.4K
NOI $52,166 @ 7.0% cap · market cap 10.43%
Theoretical Best
Specialty Retail
$2.93M
$2.57M – $3.42M
NOI $205,350 @ 7.0% cap · market cap 41.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19525, PA
16,506
Population
6,227
Households
2.7
Avg Household Size
40
Median Age
49%
College-Educated
96%
High-School Grad
17.1 sq mi
ZIP Area
965
Density / Sq Mi
$145,014
Median Household Income
$67,374
Median Earnings
$1,117
Median Rent
$392,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - A 5,100-square-foot warehouse and flex facility for buyers seeking flexible industrial space.
Where is this flex space located?
The property is located at 1573 East Philadelphia Avenue Gilbertsville, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 5,100 sq ft warehouse and flex facility; Located on Rt 73
