Single-Story CMX-2
For Sale
$700,000
4233 N Park Ave, Philadelphia, PA 19140
Turn-key single-story warehouse with drive-in doors, office space, and two bathrooms, offered as-is for sale.
Property Size5,600 SF
Price / SF$125
Days on Market382
Property Features for 4233 N Park Ave
General Information
Standard status
Active
Size
5,600 SF
Zoning
CMX-2
Additional Details
Opportunity Zone
Yes
Amenities
two bathrooms
office space
mini-split HVAC systems
electric and plumbing
Building Details
Stories
1
Listing Agency:
BHHS Fox & Roach-Chestnut Hill
(215) 897-9191
Listed By:
Stephanie Washington
(215) 897-9191
Source:
Exprealty
Added: Jul 15, 2025
Changed: Jul 22
Last Checked: Jul 23 at 1:28PM
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 BHHS Fox & Roach-Chestnut Hill
Investment Insights
Based on property information with market context.
A 5,600 SF single-story CMX-2 warehouse is available for sale. The turn-key space includes drive-in doors, office space, and two bathrooms, along with mini-split HVAC systems, electric and plumbing. Improvements also include a newer roof and 16" on-center joists. The property is being offered for sale as-is.
Located just off the busy intersection of Broad Street and Hunting Park Avenue, the warehouse sits behind a high-traffic retail strip center, providing practical access to an established commercial corridor.
The property is within a Great Qualified Opportunity Zone (QOZ). Zoning and permitted use are to be verified by the buyer.
Located just off the busy intersection of Broad Street and Hunting Park Avenue, the warehouse sits behind a high-traffic retail strip center, providing practical access to an established commercial corridor.
The property is within a Great Qualified Opportunity Zone (QOZ). Zoning and permitted use are to be verified by the buyer.
Key Highlights
- 5,600 SF CMX‑2 single‑story warehouse offered for sale as‑is
- Includes drive‑in doors, office space, and two bathrooms
- Newer roof with 16" on‑center joists
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 | $73.2k | $13.08 |
| − Vacancy | −$5.9k | −$1.05 |
| EGI | $67.4k | $12.03 |
| − OpEx | −$10.1k | −$1.81 |
| NOI | $57.3k | $10.23 |
5,600 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$818.3K
$716.0K – $954.7K
NOI $57,280 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.37M
$1.19M – $1.59M
NOI $95,563 @ 7.0% cap · market cap 13.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
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 - Turn-key single-story warehouse with drive-in doors, office space, and two bathrooms, offered as-is for sale.
Where is this warehouse located?
The property is located at 4233 N Park Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 5,600 SF CMX‑2 single‑story warehouse offered for sale as‑is; Includes drive‑in doors, office space, and two bathrooms; Newer roof with 16" on‑center joists
