Industrial Flex Warehouse with Paved
For Sale
$1,199,000
4821 Garden St, Philadelphia, PA 19137
Industrial flex property with a 9,000+ SF warehouse, secondary office/support building, and an expansive paved yard.
Property Size10,446 SF
Price / SF$114.78
Days on Market113
Property Features for 4821 Garden St
General Information
Standard status
Active
Size
10,446 SF
Site & Location
Neighborhood
Kensington
Outdoor Storage
Yes
Building Details
Year Built
1948
Listing Agency:
Coldwell Banker Realty
Listed By:
Tim Brogan · License #RS314019
(215) 620-9341
Source:
Premierehomegroup
Added: Jul 3
Changed: Oct 6
Last Checked: Oct 7 at 3:44PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This industrial flex property includes a 9,000+ SF warehouse with soaring ceilings and a versatile layout designed to support manufacturing, distribution, storage, fabrication, contractor operations, logistics, and other commercial uses. A separate secondary building offers adaptable space for office, administrative, showroom, or support functions, helping keep business administration and operational areas distinct.
The site sits on more than 29,000 square feet of land and features an expansive paved yard and oversized footprint. The paved outdoor area can accommodate employee and customer parking, fleet vehicle use, equipment staging, and outdoor storage.
The property is positioned along Philadelphia’s established Bridesburg industrial corridor, with convenience to major transportation routes and proximity to established industrial and commercial businesses.
The site sits on more than 29,000 square feet of land and features an expansive paved yard and oversized footprint. The paved outdoor area can accommodate employee and customer parking, fleet vehicle use, equipment staging, and outdoor storage.
The property is positioned along Philadelphia’s established Bridesburg industrial corridor, with convenience to major transportation routes and proximity to established industrial and commercial businesses.
Key Highlights
- 9,000+ SF industrial building with soaring ceilings and expansive warehouse space
- Secondary building with office, administrative, showroom, or support space
- More than 29,000 SF of land with an expansive paved yard for parking and staging
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$109,996
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,199,920
$2.2M
Cap Rate 7%
$1,571,371
$1.6M
Cap Rate 9%
$1,222,178
$1.2M
Market Conditions
NOI Build-Up for 10,446 SF
Gross rent
$188.0K $18.00/SF
− Vacancy
−$18.8K −$1.80/SF
EGI
$169.2K $16.20/SF
− OpEx
−$59.2K −$5.67/SF
NOI
$110.0K $10.53/SF
Area
Philadelphia, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,199,920
Cap Rate 7%
$1,571,371
Cap Rate 9%
$1,222,178
Alternative Uses
Best Use
Flex RnD
$1.57M
$1.37M – $1.83M
NOI $109,996 @ 7.0% cap · market cap 9.17%
Second Best
Warehouse
$1.53M
$1.34M – $1.78M
NOI $106,848 @ 7.0% cap · market cap 8.91%
Theoretical Best
Multifamily LT 5
$2.55M
$2.23M – $2.97M
NOI $178,260 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 19137, PA
8,682
Population
3,485
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
3,618
Density / Sq Mi
$64,401
Median Household Income
$46,109
Median Earnings
$1,205
Median Rent
$212,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property with a 9,000+ SF warehouse, secondary office/support building, and an expansive paved yard.
Where is this flex space located?
The property is located at 4821 Garden St Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 9,000+ SF industrial building with soaring ceilings and expansive warehouse space; Secondary building with office, administrative, showroom, or support space; More than 29,000 SF of land with an expansive paved yard for parking and staging
