Masonry Self-Storage
New
For Sale
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1927 BORBECK AVENUE, Philadelphia, PA 19111
Driveway parking serves this Philadelphia property.
Property Size250 SF
Lot Size0.07 Acres
Price / SF$0.80
Days on Market6
Property Features for 1927 BORBECK AVENUE
General Information
Standard status
Active
Size
250 SF
Lot size
0.07 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Northeast Philadelphia
Building Details
Year Built
1958
Construction
masonry
Listing Agency:
Philadelphia Homes
(215) 948-2810
Listed By:
Nia Imani Thompson
(215) 435-5683
Source:
Cummingsrealtors
Added: Oct 29
Changed: Nov 3
Last Checked: Nov 3 at 8:11AM
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 Philadelphia Homes
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Investment Insights
Based on property information with market context.
This self-storage property at 1927 Borbeck Avenue in Philadelphia, Pennsylvania, occupies a 0.07-acre lot. Built in 1958, the building has masonry construction and driveway parking.
Key Highlights
- 0.07‑acre lot
- Masonry construction
- Built in 1958
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$2,195
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,900
$43.9K
Cap Rate 7%
$31,357
$31.4K
Cap Rate 9%
$24,389
$24.4K
Market Conditions
NOI Build-Up for 250 SF
Gross rent
$3.3K $13.20/SF
− Vacancy
−$165 −$0.66/SF
EGI
$3.1K $12.54/SF
− OpEx
−$941 −$3.76/SF
NOI
$2.2K $8.78/SF
Area
ZIP 19111
Vacancy
5.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$43,900
Cap Rate 7%
$31,357
Cap Rate 9%
$24,389
Alternative Uses
Best Use
Warehouse
$36.5K
$32.0K – $42.6K
NOI $2,557 @ 7.0% cap · market cap 1,278.50%
Second Best
Self Storage
$31.4K
$27.4K – $36.6K
NOI $2,195 @ 7.0% cap · market cap 1,097.50%
Theoretical Best
Office A
$75.8K
$66.3K – $88.4K
NOI $5,306 @ 7.0% cap · market cap 2,653.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,261
Businesses Nearby
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Business Placement
Demographics for 19111, PA
67,017
Population
27,518
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
13,962
Density / Sq Mi
$60,441
Median Household Income
$39,065
Median Earnings
$1,221
Median Rent
$244,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Self storage facility - Driveway parking serves this Philadelphia property.
Where is this self storage facility located?
The property is located at 1927 BORBECK AVENUE Philadelphia, PA.
What are key features of this property?
This property features: 0.07‑acre lot; Masonry construction; Built in 1958
