Two-Office Commercial
For Sale
$300,000
3211 Edgmont Ave, Brookhaven, PA 19015
First-floor office layout includes reception, kitchen, and a full bathroom in Brookhaven’s business district.
Property Size1,300 SF
Price / SF$230.77
Days on Market20
Property Features for 3211 Edgmont Ave
General Information
Standard status
Active
Size
1,300 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
First Floor
Building Details
Year Built
1946
Listing Agency:
Sam Pace & Associates
(610) 565-9040
Listed By:
Armand C Pace · License #RM061832B
Source:
Riverfoxrealty
Added: Aug 10
Changed: Aug 28
Last Checked: Aug 25 at 5:22AM
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 Sam Pace & Associates
Investment Insights
Based on property information with market context.
This 1,300-square-foot office unit occupies the first floor of a building constructed in 1946. The layout includes two separate offices, a reception room, kitchen, and full bathroom, providing a defined configuration for office operations.
The property fronts 60 feet on Edgmont Avenue at 3211 Edgmont Ave, Brookhaven, PA 19015. It is situated in the Brookhaven business district, with sidewalks connecting to the surrounding commercial area. Access to SEPTA bus service, Philadelphia International Airport, I-95, New Jersey, and Delaware is also noted.
The property fronts 60 feet on Edgmont Avenue at 3211 Edgmont Ave, Brookhaven, PA 19015. It is situated in the Brookhaven business district, with sidewalks connecting to the surrounding commercial area. Access to SEPTA bus service, Philadelphia International Airport, I-95, New Jersey, and Delaware is also noted.
Key Highlights
- 1,300 SF office unit in Brookhaven, PA
- Two individual first‑floor offices with reception room
- Kitchen and full bathroom included
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
$21,313
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
7.10%
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%
$426,260
$426.3K
Cap Rate 7%
$304,471
$304.5K
Cap Rate 9%
$236,811
$236.8K
Market Conditions
NOI Build-Up for 1,300 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
$34.3K $26.40/SF
− Vacancy
−$5.9K −$4.54/SF
EGI
$28.4K $21.86/SF
− OpEx
−$7.1K −$5.46/SF
NOI
$21.3K $16.39/SF
Area
Delaware County, PA
Vacancy
17.20%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$426,260
Cap Rate 7%
$304,471
Cap Rate 9%
$236,811
Alternative Uses
Best Use
Office B
$304.5K
$266.4K – $355.2K
NOI $21,313 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$394.1K
$344.9K – $459.8K
NOI $27,590 @ 7.0% cap · market cap 9.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Explore this area
Business Placement
Demographics for 19015, PA
16,260
Population
7,160
Households
2.3
Avg Household Size
39
Median Age
29%
College-Educated
94%
High-School Grad
2.9 sq mi
ZIP Area
5,607
Density / Sq Mi
$84,783
Median Household Income
$49,480
Median Earnings
$1,170
Median Rent
$232,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - First-floor office layout includes reception, kitchen, and a full bathroom in Brookhaven’s business district.
Where is this office units located?
The property is located at 3211 Edgmont Ave Brookhaven, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,300 SF office unit in Brookhaven, PA; Two individual first‑floor offices with reception room; Kitchen and full bathroom included
