Monument Manufacturing Facility and
For Sale
$1,495,000
38 E Baltimore Ave, Clifton Heights, PA 19018
Fully equipped monument manufacturing and installation operation with a yard for stone storage and modern engraving equipment.
Property Size7,000 SF
Lot Size1.00 Acre
Price / SF$213.57
Days on Market48
Property Features for 38 E Baltimore Ave
General Information
Standard status
Active
Size
7,000 SF
Lot size
1.00 Acre
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Building Details
Year Built
1970
Listing Agency:
Home Line Realty Corp
Listed By:
Jing Wang · License #RM424489
(215) 982-2265
Source:
Kandorre
Added: Jul 20
Changed: Sep 4
Last Checked: Sep 5 at 11:33AM
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 Home Line Realty Corp
Investment Insights
Based on property information with market context.
This for-sale package includes a profitable monument manufacturing and installation business, established in 2019, along with the associated equipment and stone inventory. The operation produces approximately 200 monuments per year plus additional lettering and add-on orders. The property includes a roughly 7,000 sq ft building and nearly 1 acre of yard space, with modern production equipment purchased in 2019 and stated as fully functional and production-ready.
Key equipment includes a full sandblast booth, industrial air compressor, large-format laser engraving machine, 3D CNC carving machine, two forklifts, industrial electrical power system, stencil plotter and workstation, a small sandblast engraver and tools, two 50-ft storage containers, and an included installation truck. A full stone inventory is also included, along with production-ready materials and ready-to-sell monuments.
The seller states the business has established approvals with regional cemeteries for installations and employs three experienced team members, supported by stable workflows. Owner is retiring and will provide training/transition, with an offer of up to 3 months of training. The asking package value includes $310,000 in equipment and $90,000 in stone inventory. The property is owned by the seller, with a long-term lease available at a stated $10,000 per month.
Key equipment includes a full sandblast booth, industrial air compressor, large-format laser engraving machine, 3D CNC carving machine, two forklifts, industrial electrical power system, stencil plotter and workstation, a small sandblast engraver and tools, two 50-ft storage containers, and an included installation truck. A full stone inventory is also included, along with production-ready materials and ready-to-sell monuments.
The seller states the business has established approvals with regional cemeteries for installations and employs three experienced team members, supported by stable workflows. Owner is retiring and will provide training/transition, with an offer of up to 3 months of training. The asking package value includes $310,000 in equipment and $90,000 in stone inventory. The property is owned by the seller, with a long-term lease available at a stated $10,000 per month.
Key Highlights
- $500,000 annual revenue and $250,000 annual net profit (owner‑adjusted), with $400,000 in included equipment and stone inventory
- Produces about 200 monuments per year plus additional lettering/add‑on orders, supporting an established sales workflow
- Modern, fully equipped operation with 2019‑purchased equipment including sandblast booth, large‑format laser, and 3D CNC carving
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
$42,457
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
2.84%
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%
$849,140
$849.1K
Cap Rate 7%
$606,529
$606.5K
Cap Rate 9%
$471,744
$471.7K
Market Conditions
NOI Build-Up for 7,000 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
$66.4K $9.48/SF
− Vacancy
−$5.7K −$0.82/SF
EGI
$60.7K $8.66/SF
− OpEx
−$18.2K −$2.60/SF
NOI
$42.5K $6.07/SF
Area
Delaware County, PA
Vacancy
8.60%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
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%
$849,140
Cap Rate 7%
$606,529
Cap Rate 9%
$471,744
Alternative Uses
Best Use
Industrial
$606.5K
$530.7K – $707.6K
NOI $42,457 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.86M – $2.48M
NOI $148,563 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 19018, PA
23,664
Population
10,201
Households
2.3
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
2.7 sq mi
ZIP Area
8,764
Density / Sq Mi
$73,451
Median Household Income
$46,387
Median Earnings
$1,346
Median Rent
$215,400
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully equipped monument manufacturing and installation operation with a yard for stone storage and modern engraving equipment.
Where is this manufacturing property located?
The property is located at 38 E Baltimore Ave Clifton Heights, PA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: $500,000 annual revenue and $250,000 annual net profit (owner‑adjusted), with $400,000 in included equipment and stone inventory; Produces about 200 monuments per year plus additional lettering/add‑on orders, supporting an established sales workflow; Modern, fully equipped operation with 2019‑purchased equipment including sandblast booth, large‑format laser, and 3D CNC carving
