Warehouse with Central
For Sale
$375,000
238 Clifton Ave, Collingdale, PA 19023
Warehouse with central air and forced-air natural gas heat, built in 1969, with on-street parking.
Property Size3,666 SF
Price / SF$102.29
Days on Market89
Property Features for 238 Clifton Ave
General Information
Standard status
Active
Size
3,666 SF
Amenities
Central Air
Forced Air, Natural Gas
On Street
Building Details
Building Size
3,666 SF
Year Built
1969
Listing Agency:
LONG AND FOSTER REALTORS
(484) 222-8804
Listed By:
Michael Mulholland · License #RS277114
(484) 222-8804
Source:
Evrealestate
Added: May 4
Changed: Jul 30
Last Checked: Jul 30 at 6:24AM
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 LONG AND FOSTER REALTORS
Investment Insights
Based on property information with market context.
Warehouse property located at 238 Clifton Ave in Collingdale, PA 19023. The building is 3,666 SF and was built in 1969, offering a straightforward enclosed layout suitable for warehouse and light logistics users.
Interior systems include central air cooling and forced air heating with natural gas. Parking is available via on-street spaces, which can support day-to-day operations and visitor access.
This is a practical option for tenants seeking an established warehouse building with in-place HVAC and a simple parking approach.
Interior systems include central air cooling and forced air heating with natural gas. Parking is available via on-street spaces, which can support day-to-day operations and visitor access.
This is a practical option for tenants seeking an established warehouse building with in-place HVAC and a simple parking approach.
Key Highlights
- 3,666 SF warehouse at 238 Clifton Ave, Collingdale, PA 19023
- Built in 1969
- Central air cooling
Financial Insights For Warehouse
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 | $22.0k | $6.00 |
| − Vacancy | −$1.9k | −$0.52 |
| EGI | $20.1k | $5.48 |
| − OpEx | −$3.0k | −$0.82 |
| NOI | $17.1k | $4.66 |
3,666 SF · lease $6.00/SF/yr · vacancy 8.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$244.1K
$213.6K – $284.8K
NOI $17,089 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$972.6K – $1.30M
NOI $77,805 @ 7.0% cap · market cap 20.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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 - Warehouse with central air and forced-air natural gas heat, built in 1969, with on-street parking.
Where is this warehouse located?
The property is located at 238 Clifton Ave Collingdale, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3,666 SF warehouse at 238 Clifton Ave, Collingdale, PA 19023; Built in 1969; Central air cooling
