Flex Space with Office-Shop
4610 State Road, Drexel Hill, PA 19026
For Sale
Contact for pricing
A flexible commercial layout combines private offices, customer reception, secure storage, and workshop space.
Property Size2,200 SF
Price / SF$170.45
Days on Market103
Property Features for 4610 State Road
General Information
Standard status
Size
Class
Property subtype
Amenities
Functional office-to-shop layout
Bright private offices
Conference room
Open reception area
Secure storage rooms
Workshop area
Utility space
Flexible floor plan
Excellent natural light in office areas
Separate customer and employee access
Building Details
Abandoned
Listing Agency:
Italiano Commercial Real Estate
Listed By:
Edward Banes · License PA RS322090
Source:
Crexi
Added: Jul 31
Changed: Nov 3
Last Checked: Nov 8 at 7:33AM
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 Italiano Commercial Real Estate
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Investment Insights
Based on property information with market context.
This flex space features a practical office-and-workshop configuration with private offices, a conference room, and an open reception area. Secure storage rooms and dedicated utility space support day-to-day operations, while the adaptable floor plan accommodates varied workspace needs. Office areas receive strong natural light, and separate access points serve customers and employees.
The property is located at 4610 State Road in Drexel Hill, Pennsylvania, with the address placing the facility within a developed suburban commercial setting. Its combination of office, reception, storage, workshop, and utility areas creates a cohesive layout for businesses requiring both administrative and operational space.
The property is located at 4610 State Road in Drexel Hill, Pennsylvania, with the address placing the facility within a developed suburban commercial setting. Its combination of office, reception, storage, workshop, and utility areas creates a cohesive layout for businesses requiring both administrative and operational space.
Key Highlights
- Office and workshop areas arranged within one flexible floor plan
- Private offices with abundant natural light
- Conference room and open reception area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,389
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,780
$307.8K
Cap Rate 7%
$219,843
$219.8K
Cap Rate 9%
$170,989
$171.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$25.1K $11.40/SF
− Vacancy
−$1.4K −$0.64/SF
EGI
$23.7K $10.76/SF
− OpEx
−$8.3K −$3.77/SF
NOI
$15.4K $7.00/SF
Area
Delaware County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,780
Cap Rate 7%
$219,843
Cap Rate 9%
$170,989
Alternative Uses
Best Use
Office B
$574.1K
$502.3K – $669.8K
NOI $40,186 @ 7.0% cap · market cap 10.72%
Second Best
Flex RnD
$219.8K
$192.4K – $256.5K
NOI $15,389 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$754.0K
$659.8K – $879.7K
NOI $52,783 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,160
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19026, PA
32,021
Population
13,643
Households
2.3
Avg Household Size
39
Median Age
46%
College-Educated
94%
High-School Grad
3.6 sq mi
ZIP Area
8,895
Density / Sq Mi
$89,079
Median Household Income
$50,930
Median Earnings
$1,316
Median Rent
$243,000
Median Home Value
Market
Properties on Market for Flex space in Delaware County
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Pig Daddy's BBQ — 2312 Garrett Rd, Drexel Hill, PA 19026
- Hosanna Sallay's Catering LLC — 345 Beverly Blvd, Upper Darby, PA 19082
- 3Bros — 11 Englewood Rd, Upper Darby, PA 19082
Frequently Asked Questions
What type of property is this?
Flex space - A flexible commercial layout combines private offices, customer reception, secure storage, and workshop space.
Where is this flex space located?
The property is located at 4610 State Road Drexel Hill, PA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Office and workshop areas arranged within one flexible floor plan; Private offices with abundant natural light; Conference room and open reception area
