Automotive Service and Showroom
For Sale
$1,599,000
4343 TORRESDALE AVENUE, Philadelphia, PA 19124
Freestanding auto service facility with offices, showroom space, and eight 10‑ft drive-through bay doors.
Property Size6,335 SF
Days on Market108
Property Features for 4343 TORRESDALE AVENUE
General Information
Standard status
Active
Size
6,335 SF
Property subtype
MixedUse
Taxes and HOA fees
Annual Taxes
$12,503
Building Details
Building Size
6,335 SF
Year Built
1980
Listing Agency:
ROI National Realty Corp
Listed By:
Darya Martynenka · License #RS341335
(267) 221-2958
Source:
Patmckennarealtors
Added: May 20
Changed: Sep 3
Last Checked: Sep 4 at 10:00AM
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 ROI National Realty Corp
Investment Insights
Based on property information with market context.
This for-sale commercial building is designed for automotive operations, combining a professional office and showroom area with dedicated service and detail space. The office/showroom portion includes two private offices, storage, and two restrooms, totaling 3,335± square feet, with additional space allocated to auto body service and detailing.
The service area is equipped with eight 10‑ft drive-through bay doors and 13.5-foot ceiling heights, along with three lifts. Multiple work and storage areas support workflow and layout flexibility.
The property sits on approximately 0.6 acres and is described as gated and secure, with parking capacity for up to 120 vehicles. The remarks also indicate strong street visibility and easy access to I-95 and Route 1.
The service area is equipped with eight 10‑ft drive-through bay doors and 13.5-foot ceiling heights, along with three lifts. Multiple work and storage areas support workflow and layout flexibility.
The property sits on approximately 0.6 acres and is described as gated and secure, with parking capacity for up to 120 vehicles. The remarks also indicate strong street visibility and easy access to I-95 and Route 1.
Key Highlights
- Exceptional 6, 335± SF freestanding commercial building with office, showroom, and auto service space
- Over 3, 000± SF professional office/showroom area plus 2 private offices, storage, and 2 restrooms
- Dedicated auto body service and detail space of more than 3, 335± SF with multiple work and storage areas
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
$46,509
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
2.91%
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%
$930,180
$930.2K
Cap Rate 7%
$664,414
$664.4K
Cap Rate 9%
$516,767
$516.8K
Market Conditions
NOI Build-Up for 6,335 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
$72.2K $11.40/SF
− Vacancy
−$5.8K −$0.91/SF
EGI
$66.4K $10.49/SF
− OpEx
−$19.9K −$3.15/SF
NOI
$46.5K $7.34/SF
Area
ZIP 19124
Vacancy
8.00%
Lease Rate
$11.40 /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%
$930,180
Cap Rate 7%
$664,414
Cap Rate 9%
$516,767
Alternative Uses
Best Use
Retail
$3.40M
$2.98M – $3.97M
NOI $238,072 @ 7.0% cap · market cap 14.89%
Second Best
Industrial
$664.4K
$581.4K – $775.2K
NOI $46,509 @ 7.0% cap · market cap 2.91%
Theoretical Best
Specialty Retail
$3.64M
$3.19M – $4.25M
NOI $255,077 @ 7.0% cap · market cap 15.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,468
Businesses Nearby
50k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Dining 3%
Royal Farms
Shops & Services
26,571 visits/mo
0.4 miles
Lukoil
Shops & Services
11,879 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,195 visits/mo
0.5 miles
Dollar General
Shops & Services
3,299 visits/mo
0.5 miles
Truist
Shops & Services
1,646 visits/mo
0.5 miles
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 Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding auto service facility with offices, showroom space, and eight 10‑ft drive-through bay doors.
Where is this auto shop located?
The property is located at 4343 TORRESDALE AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Exceptional 6, 335± SF freestanding commercial building with office, showroom, and auto service space; Over 3, 000± SF professional office/showroom area plus 2 private offices, storage, and 2 restrooms; Dedicated auto body service and detail space of more than 3, 335± SF with multiple work and storage areas
