Two-Bay Automotive
1740 S 4TH STREET, Philadelphia, PA 19148
For Sale
$269,900
The larger garage area includes a half bathroom, while a separate smaller bay provides additional vehicle space.
Property Size1,189 SF
Price / SF$226
Days on Market50
Property Features for 1740 S 4TH STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Road Access
Building Details
Year Built
Listing Agency:
Penn One Realty
Listed By:
James Gallagher · License PA RS327085
(610) 707-1500
Source:
Cummingsrealtors
Added: Sep 22
Changed: Nov 10
Last Checked: Nov 10 at 7:38AM
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 Penn One Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property contains two garage bays and was previously used as a car wash. The larger bay opens onto 4th Street and can accommodate multiple oversized vehicles; it also includes a half bathroom. A second, smaller bay opens onto Moore Avenue and can fit one small vehicle. The building dates to 1960 and is located at 1740 S 4th Street in Philadelphia.
Key Highlights
- Two garage bays, including one sized for multiple oversized vehicles and a smaller bay for one small vehicle
- The larger bay opens onto 4th Street; the smaller bay opens onto Moore Avenue
- Half bathroom located in the larger garage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,438
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,760
$268.8K
Cap Rate 7%
$191,971
$192.0K
Cap Rate 9%
$149,311
$149.3K
Market Conditions
NOI Build-Up for 1,189 SF
Gross rent
$21.4K $18.00/SF
− Vacancy
−$2.2K −$1.85/SF
EGI
$19.2K $16.15/SF
− OpEx
−$5.8K −$4.84/SF
NOI
$13.4K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,760
Cap Rate 7%
$191,971
Cap Rate 9%
$149,311
Alternative Uses
Best Use
Retail
$192.0K
$168.0K – $224.0K
NOI $13,438 @ 7.0% cap · market cap 4.98%
Second Best
Industrial
$124.7K
$109.1K – $145.5K
NOI $8,729 @ 7.0% cap · market cap 3.23%
Theoretical Best
Multifamily LT 5
$289.9K
$253.6K – $338.2K
NOI $20,290 @ 7.0% cap · market cap 7.52%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,478
Businesses Nearby
226k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 47%
Shops & Services 18%
Groceries 15%
Dining 14%
Target
Superstores
105,271 visits/mo
0.4 miles
Wawa
Shops & Services
38,950 visits/mo
0.4 miles
ACME Markets
Groceries
34,436 visits/mo
0.5 miles
Burger King
Dining
12,864 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,319 visits/mo
0.5 miles
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Auto shops in Philadelphia, PA
Properties on Market for Auto shops in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Similar Off Market Nearby
- Ren Mattei Tire Co — 2701 S Marvine St, Philadelphia, PA 19148
- Tony's Tires — Oregon Ave, Philadelphia, PA 19148
- Lew Blum Towing Co. — 2611 S 9th St, Philadelphia, PA 19148
- City Auto Paint And Supply — Oregon Ave, Philadelphia, PA 19148
- Tony's Auto Services — 711 Oregon Ave, Philadelphia, PA 19148
Frequently Asked Questions
What type of property is this?
Auto shop - The larger garage area includes a half bathroom, while a separate smaller bay provides additional vehicle space.
Where is this auto shop located?
The property is located at 1740 S 4TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two garage bays, including one sized for multiple oversized vehicles and a smaller bay for one small vehicle; The larger bay opens onto 4th Street; the smaller bay opens onto Moore Avenue; Half bathroom located in the larger garage area
