Retail Storefront For
For Sale
$295,000
432 E Wyoming Ave, Philadelphia, PA 19120
Compact retail storefront offered for sale, well-suited for small business or investment within Philadelphia.
Property Size1,087 SF
Price / SF$271.39
Days on Market119
Property Features for 432 E Wyoming Ave
General Information
Standard status
Active
Size
1,087 SF
Taxes and HOA fees
Annual Taxes
$1,457
Listing Agency:
Tron Lam Realty Group
(215) 514-1511
Listed By:
Tron Lam
(215) 514-1511
Source:
Exprealty
Added: May 3
Changed: Aug 25
Last Checked: Aug 26 at 1:00PM
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 Tron Lam Realty Group
Investment Insights
Based on property information with market context.
This for-sale retail property presents as a storefront-style commercial space. The offering is identified as a storefront property and part of the broader retail property and spaces category, designed for direct customer-facing use. The listed property size is 1,087 square feet, providing a compact footprint for an owner-operator or a small retail investor.
The property is located at 432 E Wyoming Ave in Philadelphia, Pennsylvania. Public remarks note directions as “GPS,” which typically indicates that buyers and their agents will use mapping for access and approach. No additional details are provided regarding frontage, parking, or nearby tenants, so due diligence will be important for confirming day-to-day operations and visibility.
Given the storefront configuration and relatively compact size, this space could align well with a range of small-format concepts such as service retail, boutique retail, or other neighborhood-serving businesses. For investors, the asset may offer straightforward positioning within the retail storefront market, though prospective buyers should evaluate the local tenant demand, unit usability, and the specific finish and layout conditions during inspection.
The property is located at 432 E Wyoming Ave in Philadelphia, Pennsylvania. Public remarks note directions as “GPS,” which typically indicates that buyers and their agents will use mapping for access and approach. No additional details are provided regarding frontage, parking, or nearby tenants, so due diligence will be important for confirming day-to-day operations and visibility.
Given the storefront configuration and relatively compact size, this space could align well with a range of small-format concepts such as service retail, boutique retail, or other neighborhood-serving businesses. For investors, the asset may offer straightforward positioning within the retail storefront market, though prospective buyers should evaluate the local tenant demand, unit usability, and the specific finish and layout conditions during inspection.
Key Highlights
- Compact retail storefront in Philadelphia (Philadelphia County/PARISH: PHILADELPHIA)
- Built in 1930
- Central air conditioning
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
$9,337
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
3.17%
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%
$186,740
$186.7K
Cap Rate 7%
$133,386
$133.4K
Cap Rate 9%
$103,744
$103.7K
Market Conditions
NOI Build-Up for 1,087 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
$14.9K $13.68/SF
− Vacancy
−$1.5K −$1.41/SF
EGI
$13.3K $12.27/SF
− OpEx
−$4.0K −$3.68/SF
NOI
$9.3K $8.59/SF
Area
ZIP 19120
Vacancy
10.30%
Lease Rate
$13.68 /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%
$186,740
Cap Rate 7%
$133,386
Cap Rate 9%
$103,744
Alternative Uses
Best Use
Retail
$133.4K
$116.7K – $155.6K
NOI $9,337 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.7K
$227.2K – $302.9K
NOI $18,176 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,546
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
7,345 visits/mo
0.1 miles
PNC Bank
Shops & Services
4,240 visits/mo
0.4 miles
AAMCO Transmissions
Shops & Services
587 visits/mo
0.5 miles
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Riehs Flowers — 4403 N 5th St, Philadelphia, PA 19140
Frequently Asked Questions
What type of property is this?
Storefront property - Compact retail storefront offered for sale, well-suited for small business or investment within Philadelphia.
Where is this storefront property located?
The property is located at 432 E Wyoming Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Compact retail storefront in Philadelphia (Philadelphia County/PARISH: PHILADELPHIA); Built in 1930; Central air conditioning
