457 E Wyoming Ave Philadelphia, PA 19140
Two-story commercial building with high visibility in North Philadelphia.
Property Features for 457 E Wyoming Ave
General Information
- Standard status
- Active
- Size
- 1,706 SF
Listing office EXP Realty, LLC (267) 506-0807
Listing date Jul 18, 2025
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on E Wyoming Avenue in North Philadelphia.
- Versatile 2‑story commercial building suitable for various business types (office, retail, medical, salon, etc.).
- 1,706 SqFt of usable space across two spacious levels.
Local Financial Insights For Retail
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 | $30.7k | $18.00 |
| − Vacancy | −$3.2k | −$1.85 |
| EGI | $27.5k | $16.15 |
| − OpEx | −$8.3k | −$4.84 |
| NOI | $19.3k | $11.30 |