Corner Mixed-Use New
1715 S 18TH STREET Philadelphia, PA 19145
For Sale
Contact for pricing
Three new construction units on a corner lot: one commercial space and two residential units.
Property Size4,335 SF
Price / SF$207.59
Days on Market21
Property Features for 1715 S 18TH STREET
General Information
- Standard status
- Active
- Size
- 4,335 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2026
Listing Agency:
Keller Williams Empower
Listed By:
Ryan Stawasz · License #RS335536
Source:
Crexi
Added: Jul 3
Changed: Jul 20
Last Checked: Jul 21 at 2:22PM
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 Keller Williams Empower
Investment Insights
Based on property information with market context.
COMING SOON. This corner property will feature three new construction units: one commercial unit and two residential units. The offering includes a 10-year tax abatement and a 1-year builders warranty.
The property is located at 1715 S 18TH STREET in Philadelphia, PA 19145.
Per the provided gross potential income projection, the property is estimated at $81,600 per year.
The property is located at 1715 S 18TH STREET in Philadelphia, PA 19145.
Per the provided gross potential income projection, the property is estimated at $81,600 per year.
Key Highlights
- Year built 2026: three new construction units on a corner property
- 1 commercial unit and 2 residential units
- Gross potential income of $81,600 per year
Financial Insights For Apartment 5plus
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 | $131.6k | $30.36 |
| − Vacancy | −$7.6k | −$1.76 |
| EGI | $124.0k | $28.60 |
| − OpEx | −$55.8k | −$12.87 |
| NOI | $68.2k | $15.73 |
4,335 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$974.1K
$852.3K – $1.14M
NOI $68,187 @ 7.0% cap · market cap 7.58%
Second Best
Mixed Use
$735.7K
$643.8K – $858.3K
NOI $51,500 @ 7.0% cap · market cap 5.72%
Theoretical Best
Multifamily LT 5
$1.06M
$924.7K – $1.23M
NOI $73,976 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - Three new construction units on a corner lot: one commercial space and two residential units.
Where is this mixed-use property located?
The property is located at 1715 S 18TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Year built 2026: three new construction units on a corner property; 1 commercial unit and 2 residential units; Gross potential income of $81,600 per year
