Masonry Warehouse
For Sale
$1,425,000
202 CECIL B MOORE AVENUE, Philadelphia, PA 19122
Three-property industrial assemblage with warehouse space, a drive-in door, loading dock, and CMX2 zoning.
Property Size4,140 SF
Price / SF$344.20
Days on Market114
Property Features for 202 CECIL B MOORE AVENUE
General Information
Standard status
Active
Size
4,140 SF
Property subtype
Industrial
Zoning
CMX2
Warehouse & Industrial
Warehouse Space
4,140 SF
Dock-High Doors
1
Drive-In Doors
1
Taxes and HOA fees
Annual Taxes
$2,645
Building Details
Building Size
4,140 SF
Year Built
1935
Buildings
3
Construction
masonry
Listing Agency:
Better Homes and Gardens Real Estate - Maturo PA
(267) 423-1562
Listed By:
Hala Abusaed · License #RS288097
(267) 423-1562
Source:
Patmckennarealtors
Added: Apr 13
Changed: Aug 4
Last Checked: Aug 4 at 4:43AM
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 Better Homes and Gardens Real Estate - Maturo PA
Investment Insights
Based on property information with market context.
This warehouse portfolio comprises the primary property at 202-08 Cecil B. Moore Ave. and additional commercial/industrial properties at 1647 and 1649 N. Phillip Street. Together, the buildings provide approximately 4,140 square feet of functional warehouse space. The improvements are masonry constructed and date to 1935.
Operational features include a drive-in door and one loading dock for equipment and goods handling. The properties are zoned CMX2, supporting the documented commercial and industrial character of the assemblage. The portfolio is located in Philadelphia, PA 19122.
Operational features include a drive-in door and one loading dock for equipment and goods handling. The properties are zoned CMX2, supporting the documented commercial and industrial character of the assemblage. The portfolio is located in Philadelphia, PA 19122.
Key Highlights
- Approximately 4,140 square feet of combined warehouse space
- Three‑property assemblage at 202‑08 Cecil B. Moore Ave., 1647 and 1649 N. Phillip Street
- Drive‑in door and one loading dock
Financial Insights For Flex RnD
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 | $74.5k | $18.00 |
| − Vacancy | −$7.5k | −$1.80 |
| EGI | $67.1k | $16.20 |
| − OpEx | −$23.5k | −$5.67 |
| NOI | $43.6k | $10.53 |
4,140 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$622.8K
$544.9K – $726.6K
NOI $43,594 @ 7.0% cap · market cap 3.06%
Second Best
Warehouse
$604.9K
$529.3K – $705.8K
NOI $42,346 @ 7.0% cap · market cap 2.97%
Theoretical Best
Multifamily LT 5
$1.01M
$883.1K – $1.18M
NOI $70,649 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
3,043
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Three-property industrial assemblage with warehouse space, a drive-in door, loading dock, and CMX2 zoning.
Where is this warehouse located?
The property is located at 202 CECIL B MOORE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Approximately 4,140 square feet of combined warehouse space; Three‑property assemblage at 202‑08 Cecil B. Moore Ave., 1647 and 1649 N. Phillip Street; Drive‑in door and one loading dock
