Philadelphia Redevelopment Opportunity Near
4790 James St Philadelphia, PA 19137
4790 James St, Philadelphia, PA, 19137
Contact for pricing
For Sale
Contact for pricing
Pending
4.7-acre site ideal for industrial, commercial, or institutional redevelopment.
Property Size50,000 SF
Lot Size4.70 Acres
Days on Market646
Property Features for 4790 James St
General Information
- Standard status
- Pending
- Size
- 50,000 SF
- Lot size
- 4.70 Acres
- Property subtype
- Industrial, Retail, Special Purpose
Listing agency
McCann Commercial Real Estate
Listed by
Darryl Miller, CRB, CCIM · License #AB044338A
Source
Crexi
Added: Oct 14, 2024 Updated: Jul 10 at 3:42PM Checked: Jul 17 at 4:50AM
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 McCann Commercial Real Estate
Investment Insights
Based on property information with market context.
This property presents an exceptional industrial, commercial, or institutional building or land redevelopment opportunity, offering immediate access to I-95 via the Bridge Street Exit and direct connections to major regional corridors, including Roosevelt Boulevard (US 1), I-76, and Route 63 (Woodhaven Rd). It is located minutes from the Port of Philadelphia, Northeast Philadelphia Airport, and Philadelphia International Airport. The site is ideal for an AI Data Center, e-commerce fulfillment, service fleet operations, a retail center, self-storage, a trades facility, or a flex office campus. It can also serve as a warehouse, logistics, or distribution hub. The existing 50,000+ SF structure includes high-ceiling open areas, wide column spacing, and reinforced floors, making it ideal for industrial repurposing. It features commercial-grade utilities (electrical, HVAC, plumbing) and existing loading/receiving areas. The secondary 6,095 SF annex building can function as office, training, R&D, or small-scale production space. The property is located within an established urban industrial corridor near Frankford, Bridesburg, and Tacony. The site spans over 4.7 acres (204,934 SF) with 556 feet of frontage, providing ample land development opportunity, truck maneuvering, and storage space. There is paved parking for 200+ cars or 125+ trucks, two existing loading docks, and drive-in access, with potential to expand for industrial workflow. The masonry construction and high structural capacity are suitable for light manufacturing, warehouse conversion, or flex-space adaptation.
Key Highlights
- Prime Location: Immediate I‑95 access and proximity to major transportation hubs.
- Large 4.7+ acre site with ample truck maneuvering and storage.
- Zoning & Adaptive Reuse Potential: Strong candidate for variance rezoning to light industrial, warehouse, or commercial retail.
Local 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 | $654.0k | $13.08 |
| − Vacancy | −$52.3k | −$1.05 |
| EGI | $601.7k | $12.03 |
| − OpEx | −$90.3k | −$1.81 |
| NOI | $511.4k | $10.23 |
50,000 SF · lease $13.08/SF/yr · vacancy 8.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.31M
$6.39M – $8.52M
NOI $511,428 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$12.19M
$10.67M – $14.22M
NOI $853,245 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Baptist Worship Center
Church
Similar For Sale Nearby
Similar Off Market Nearby
- CubeSmart Self Storage — 4391 Aramingo Ave, Philadelphia, PA 19124
- Public Storage — 2190 Wheatsheaf Ln, Philadelphia, PA 19137
- Good Deal Self Storage LLC — 5400 Eadom St, Philadelphia, PA 19137
- Tackawanna Self Storage Facility — 4260 Tackawanna St 1st floor, Philadelphia, PA 19124
- 4410 Belgrade Self Storage — 4410 Belgrade St, Philadelphia, PA 19137
FAQs
What type of property is this?
Warehouse - 4.7-acre site ideal for industrial, commercial, or institutional redevelopment.
Where is this warehouse located?
The property is located at 4790 James St Philadelphia, PA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: Prime Location: Immediate I‑95 access and proximity to major transportation hubs.; Large 4.7+ acre site with ample truck maneuvering and storage.; Zoning & Adaptive Reuse Potential: Strong candidate for variance rezoning to light industrial, warehouse, or commercial retail.
