I-2 Zoned Flex
For Sale
Contact for pricing
5091 UMBRIA STREET #D, Philadelphia, PA 19128
Onsite utilities support manufacturing, repair, warehousing, and distribution uses.
Property Size3,000 SF
Price / SF$0.83
Days on Market60
Property Features for 5091 UMBRIA STREET #D
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial
Building Details
Year Built
1960
Listing Agency:
BHHS Fox & Roach The Harper at Rittenhouse Square
(215) 546-0550
Listed By:
Krupa Girish Patel · License #247899
(717) 877-8524
Source:
Cummingsrealtors
Added: Aug 18
Changed: Oct 15
Last Checked: Oct 15 at 1:26AM
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 BHHS Fox & Roach The Harper at Rittenhouse Square
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Investment Insights
Based on property information with market context.
Located at 5091 Umbria Street #D in Philadelphia, this 3,000-square-foot flex space was built in 1960 and previously served as a recreational facility. The I-2 zoning supports a range of industrial-oriented operations, with the space identified for small to moderate manufacturing, fabrication, woodworking, and artist studio use.
The property also accommodates warehousing, wholesale sales, and distribution, with approval for vehicle maintenance and product repair. Utilities are onsite. The location is described as being minutes from Main Street dining and the SEPTA line, providing access to nearby commercial and transit amenities.
The property also accommodates warehousing, wholesale sales, and distribution, with approval for vehicle maintenance and product repair. Utilities are onsite. The location is described as being minutes from Main Street dining and the SEPTA line, providing access to nearby commercial and transit amenities.
Key Highlights
- 3,000 square feet of flex space
- I‑2 zoning supports industrial‑oriented uses
- Utilities are onsite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,025
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,500
$440.5K
Cap Rate 7%
$314,643
$314.6K
Cap Rate 9%
$244,722
$244.7K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$34.2K $11.40/SF
− Vacancy
−$2.7K −$0.91/SF
EGI
$31.5K $10.49/SF
− OpEx
−$9.4K −$3.15/SF
NOI
$22.0K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,500
Cap Rate 7%
$314,643
Cap Rate 9%
$244,722
Alternative Uses
Best Use
Flex RnD
$451.3K
$394.9K – $526.5K
NOI $31,590 @ 7.0% cap · market cap 1,263.60%
Second Best
Warehouse
$438.4K
$383.6K – $511.4K
NOI $30,686 @ 7.0% cap · market cap 1,227.44%
Theoretical Best
Multifamily LT 5
$731.4K
$639.9K – $853.3K
NOI $51,195 @ 7.0% cap · market cap 2,047.80%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Similar Off Market Nearby
- fitch's — 4518 Ritchie St, Philadelphia, PA 19127
- DiAntonio's Catering — 228 Krams Ave, Philadelphia, PA 19127
- Feastivities Events — 440 Domino Ln, Philadelphia, PA 19128
Frequently Asked Questions
What type of property is this?
Flex space - Onsite utilities support manufacturing, repair, warehousing, and distribution uses.
Where is this flex space located?
The property is located at 5091 UMBRIA STREET #D Philadelphia, PA.
What are key features of this property?
This property features: 3,000 square feet of flex space; I‑2 zoning supports industrial‑oriented uses; Utilities are onsite
