Corner Retail
New
For Sale
Contact for pricing
2239 S 12TH STREET, Philadelphia, PA 19148
CMX-1 zoning and a basement provide practical space for business operations and storage.
Property Size1,000 SF
Price / SF$1.50
Days on Market3
Property Features for 2239 S 12TH STREET
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Zoning
CMX-1
Additional Details
Corner Location
Yes
Building Details
Year Built
1915
Listing Agency:
BY Real Estate
(267) 534-3595
Listed By:
Quan Zheng
(267) 255-2709
Source:
Cummingsrealtors
Added: Oct 17
Changed: Oct 19
Last Checked: Oct 19 at 2:12PM
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 BY Real Estate
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Investment Insights
Based on property information with market context.
This 1,000-square-foot corner retail space at 2239 S 12th Street includes a basement for storage. The interior previously served as an office for a staffing company. The property was built in 1915 and is zoned CMX-1.
The property is in the Lower Moyamensing neighborhood of South Philadelphia.
The property is in the Lower Moyamensing neighborhood of South Philadelphia.
Key Highlights
- 1,000 square feet of retail space
- Corner property in Lower Moyamensing, South Philadelphia
- CMX‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,302
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,040
$226.0K
Cap Rate 7%
$161,457
$161.5K
Cap Rate 9%
$125,578
$125.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$18.0K $18.00/SF
− Vacancy
−$1.9K −$1.85/SF
EGI
$16.1K $16.15/SF
− OpEx
−$4.8K −$4.84/SF
NOI
$11.3K $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%
$226,040
Cap Rate 7%
$161,457
Cap Rate 9%
$125,578
Alternative Uses
Best Use
Retail
$161.5K
$141.3K – $188.4K
NOI $11,302 @ 7.0% cap · market cap 753.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$243.8K
$213.3K – $284.4K
NOI $17,065 @ 7.0% cap · market cap 1,137.67%
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
2,273
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 47%
Apparel 1%
McDonald's
Dining
28,527 visits/mo
0.2 miles
Sunoco
Shops & Services
13,378 visits/mo
0.5 miles
Dunkin' Donuts
Dining
11,004 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,681 visits/mo
0.3 miles
AutoZone
Shops & Services
5,472 visits/mo
0.3 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
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - CMX-1 zoning and a basement provide practical space for business operations and storage.
Where is this retail space located?
The property is located at 2239 S 12TH STREET Philadelphia, PA.
What are key features of this property?
This property features: 1,000 square feet of retail space; Corner property in Lower Moyamensing, South Philadelphia; CMX‑1 zoning
