Warehouse for
For Sale
$1,299,000
4035-00 Torresdale Ave, Philadelphia, PA 19124
For sale warehouse property totaling 10,240 square feet in Philadelphia, Pennsylvania.
Property Size10,240 SF
Price / SF$126.86
Days on Market54
Property Features for 4035-00 Torresdale Ave
General Information
Standard status
Active
Size
10,240 SF
Total Parking Spaces
72
Zoning
CMX2
Taxes and HOA fees
Annual Taxes
$40,851
Building Details
Building Size
10,240 SF
Year Built
2003
Listed By:
Eugene Bukh
(215) 435-9989
Source:
Evrealestate
Added: Jul 13
Changed: Aug 23
Last Checked: Sep 4 at 2:58AM
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 Eugene Bukh
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale and totals 10,240 square feet. The asset is categorized as a warehouse/other warehouse within the provided property information.
The property is located at 4035-00 Torresdale Ave in Philadelphia, Pennsylvania (19124). Directions are listed as use GPS.
Additional building features, unit configuration, condition, and utility or access details were not provided in the available information.
The property is located at 4035-00 Torresdale Ave in Philadelphia, Pennsylvania (19124). Directions are listed as use GPS.
Additional building features, unit configuration, condition, and utility or access details were not provided in the available information.
Key Highlights
- Warehouse for sale totaling 10,240 SF in Philadelphia, Pennsylvania
- Year built: 2003
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
$91,288
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
7.03%
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%
$1,825,760
$1.8M
Cap Rate 7%
$1,304,114
$1.3M
Cap Rate 9%
$1,014,311
$1.0M
Market Conditions
NOI Build-Up for 10,240 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
$116.7K $11.40/SF
− Vacancy
−$9.3K −$0.91/SF
EGI
$107.4K $10.49/SF
− OpEx
−$16.1K −$1.57/SF
NOI
$91.3K $8.91/SF
Area
ZIP 19124
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
15.00%
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%
$1,825,760
Cap Rate 7%
$1,304,114
Cap Rate 9%
$1,014,311
Alternative Uses
Best Use
Warehouse
$1.30M
$1.14M – $1.52M
NOI $91,288 @ 7.0% cap · market cap 7.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.89M
$5.15M – $6.87M
NOI $412,311 @ 7.0% cap · market cap 31.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,347
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19124, PA
68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value
Market
Vacancy Rate% for Industrial in Philadelphia, PA
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 - For sale warehouse property totaling 10,240 square feet in Philadelphia, Pennsylvania.
Where is this warehouse located?
The property is located at 4035-00 Torresdale Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Warehouse for sale totaling 10,240 SF in Philadelphia, Pennsylvania; Year built: 2003
