Industrial Flex
For Sale
Contact for pricing
2030 E Byberry Road, Philadelphia, PA 19116
Versatile industrial facility combines warehouse, assembly, office, and showroom areas with loading access.
Property Size72,890 SF
Lot Size4.84 Acres
Price / SF$116.61
Days on Market34
Property Features for 2030 E Byberry Road
General Information
Standard status
Active
Size
72,890 SF
Class
B
Lot size
4.84 Acres
Property subtype
Industrial
Zoning
I-2 Medium Industrial
Investment Type
Value Add
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
16.8 ft
Warehouse Space
54,890 SF
Office Build-Out
18,000 SF
Dock-High Doors
4
Drive-In Doors
2
Building Details
Buildings
1
Building Size
72,890 SF
Listing Agency:
Colliers - Philadelphia, Pennsylvania
Listed By:
Adam Gorodesky · License #RS352818
(215) 928-7565
Source:
Crexi
Added: Aug 12
Changed: Sep 8
Last Checked: Sep 14 at 7:09AM
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 Colliers - Philadelphia, Pennsylvania
Investment Insights
Based on property information with market context.
This flex industrial facility contains approximately 72,890 SF on 4.84 acres, organized around approximately 54,890 SF of warehouse and assembly space alongside approximately 18,000 SF of office and showroom area. The building provides 16’10” clear heights, four tailgate or dock positions, two drive-in doors, and on-site parking. Zoning is I-2 Medium Industrial, supporting the property’s industrial configuration.
The site at 2030 E. Byberry Road in Philadelphia has direct access to Woodhaven Road (Route 63), with connections to I-95, the PA Turnpike, New Jersey bridge routes, and Center City Philadelphia. Additional rear land is included, with potential for industrial outdoor storage or future building expansion. Established industrial and commercial users surround the property.
The site at 2030 E. Byberry Road in Philadelphia has direct access to Woodhaven Road (Route 63), with connections to I-95, the PA Turnpike, New Jersey bridge routes, and Center City Philadelphia. Additional rear land is included, with potential for industrial outdoor storage or future building expansion. Established industrial and commercial users surround the property.
Key Highlights
- Approximately 72,890 SF on 4.84 acres
- Approximately 54,890 SF of warehouse/assembly space and approximately 18,000 SF of office/showroom area
- 16’10” clear ceiling heights
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
$767,532
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
9.03%
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%
$15,350,640
$15.4M
Cap Rate 7%
$10,964,743
$11.0M
Cap Rate 9%
$8,528,133
$8.5M
Market Conditions
NOI Build-Up for 72,890 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
$1.31M $18.00/SF
− Vacancy
−$131.2K −$1.80/SF
EGI
$1.18M $16.20/SF
− OpEx
−$413.3K −$5.67/SF
NOI
$767.5K $10.53/SF
Area
Philadelphia, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
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%
$15,350,640
Cap Rate 7%
$10,964,743
Cap Rate 9%
$8,528,133
Alternative Uses
Best Use
Office B
$13.70M
$11.99M – $15.99M
NOI $959,198 @ 7.0% cap · market cap 11.28%
Second Best
Flex RnD
$10.96M
$9.59M – $12.79M
NOI $767,532 @ 7.0% cap · market cap 9.03%
Theoretical Best
Multifamily LT 5
$17.77M
$15.55M – $20.73M
NOI $1,243,860 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
16 ft
Clear height
4
Dock-high doors
2
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19116, PA
35,610
Population
14,166
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
6,848
Density / Sq Mi
$67,558
Median Household Income
$43,817
Median Earnings
$1,214
Median Rent
$321,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Flex space - Versatile industrial facility combines warehouse, assembly, office, and showroom areas with loading access.
Where is this flex space located?
The property is located at 2030 E Byberry Road Philadelphia, PA.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Approximately 72,890 SF on 4.84 acres; Approximately 54,890 SF of warehouse/assembly space and approximately 18,000 SF of office/showroom area; 16’10” clear ceiling heights
