Retail
New
For Sale
Contact for pricing
493 Domino Lane, Philadelphia, PA 19128
C2-zoned space is configured for retail or professional office use.
Property Size1,700 SF
Price / SF$1.76
Days on Market2
Property Features for 493 Domino Lane
General Information
Standard status
Active
Size
1,700 SF
Total Parking Spaces
5
Property subtype
Commercial
Zoning
C2
Lease Term
Negotiable
Amenities
Carpet,Ceramic Tile
Electric
Yes
1100
1
Public
No
Parking Lot
5
1700.00
Building Details
Year Built
1972
Listing Agency:
High Associates Ltd.
(856) 222-0077
Listed By:
Brittany Moody
(609) 744-6614
Source:
Thetristaterealestategroup
Added: Oct 19
Last Checked: Oct 19 at 2:34PM
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 High Associates Ltd.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,700-square-foot retail space is currently leased to a State Farm insurance agency. The existing lease is expected to become available in June 2026 or sooner. C2 zoning is specified for the property, and the space is identified for retail or professional office use, including medical and dental offices.
Lease terms begin at a three-year minimum, with longer terms available.
Lease terms begin at a three-year minimum, with longer terms available.
Key Highlights
- 1,700‑square‑foot retail space
- C2 zoning
- Currently leased to a State Farm insurance agency; lease availability expected in June 2026 or sooner
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,214
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,280
$384.3K
Cap Rate 7%
$274,486
$274.5K
Cap Rate 9%
$213,489
$213.5K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$30.6K $18.00/SF
− Vacancy
−$3.2K −$1.85/SF
EGI
$27.4K $16.15/SF
− OpEx
−$8.2K −$4.84/SF
NOI
$19.2K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,280
Cap Rate 7%
$274,486
Cap Rate 9%
$213,489
Alternative Uses
Best Use
Retail
$274.5K
$240.2K – $320.2K
NOI $19,214 @ 7.0% cap · market cap 640.68%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$414.4K
$362.6K – $483.5K
NOI $29,010 @ 7.0% cap · market cap 967.32%
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
570
Businesses Nearby
188k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Groceries 25%
Superstores 19%
Dining 13%
Wawa
Shops & Services
40,816 visits/mo
0.5 miles
ShopRite
Groceries
40,435 visits/mo
0.2 miles
Target
Superstores
36,618 visits/mo
0.1 miles
Dunkin' Donuts
Dining
14,538 visits/mo
0.0 miles
Dollar Tree
Shops & Services
14,395 visits/mo
0.0 miles
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - C2-zoned space is configured for retail or professional office use.
Where is this retail space located?
The property is located at 493 Domino Lane Philadelphia, PA.
What are key features of this property?
This property features: 1,700‑square‑foot retail space; C2 zoning; Currently leased to a State Farm insurance agency; lease availability expected in June 2026 or sooner
