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2913 N 5TH STREET, Philadelphia, PA 19133

An 800-square-foot retail unit fronts a busy street in Philadelphia.

Property Size800 SF
Price / SF$1.56
Days on Market7

Property Features for 2913 N 5TH STREET

General Information

Standard status Active
Size 800 SF
Property subtype Commercial

Additional Details

Road Access Yes

Building Details

Year Built 1920
Listing Agency: VORO Keystone, LLC
Listed By: Poonam N. Singhal · License #RS300366
Source: Cummingsrealtors
Added: Oct 11 Changed: Oct 16 Last Checked: Oct 16 at 8:06AM

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 VORO Keystone, LLC

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Investment Insights

Based on property information with market context.

This retail space contains 800 square feet and was built in 1920. It is located at 2913 N 5th Street in Philadelphia, Pennsylvania.

The property fronts a busy street with traffic.

Key Highlights

  • 800 square feet of retail space
  • Built in 1920
  • Located on N 5th Street in Philadelphia

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,042
Suggested Prices Based on Cap Rates
Cap Rate 5%
$180,840 $180.8K
Cap Rate 7%
$129,171 $129.2K
Cap Rate 9%
$100,467 $100.5K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$14.4K $18.00/SF
− Vacancy
−$1.5K −$1.85/SF
EGI
$12.9K $16.15/SF
− OpEx
−$3.9K −$4.84/SF
NOI
$9.0K $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%
$180,840
Cap Rate 7%
$129,171
Cap Rate 9%
$100,467

Alternative Uses

Best Use
Retail
$129.2K
$113.0K – $150.7K (±1% cap)
NOI $9,042 @ 7.0% cap · market cap 723.36%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$195.0K
$170.7K – $227.5K (±1% cap)
NOI $13,652 @ 7.0% cap · market cap 1,092.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Electrical Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,353
Businesses Nearby
183k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 37% Groceries 9% Apparel 2%
McDonald's Dining
28,372 visits/mo 0.5 miles
Wendy's Dining
15,283 visits/mo 0.5 miles
Lukoil Shops & Services
12,432 visits/mo 0.4 miles
Speedway Shops & Services
12,422 visits/mo 0.3 miles
Checkers Dining
12,268 visits/mo 0.4 miles

Demographics for 19133, PA

24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
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

6.7% 2019
8.2% 2020
7.8% 2021
6.6% 2022
6.2% 2023
5.5% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - An 800-square-foot retail unit fronts a busy street in Philadelphia.
Where is this retail space located?
The property is located at 2913 N 5TH STREET Philadelphia, PA.
What are key features of this property?
This property features: 800 square feet of retail space; Built in 1920; Located on N 5th Street in Philadelphia
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