Mixed-Use Building with
New
For Sale
$570,000
5216 5TH STREET, Philadelphia, PA 19120
Street-level retail, an upper-floor commercial suite, and unfinished basement space create a flexible neighborhood property.
Property Size5,760 SF
Price / SF$98.96
Days on Market5
Property Features for 5216 5TH STREET
General Information
Standard status
Active
Size
5,760 SF
Property subtype
Industrial
Amenities
Central Air
No Parking.
Other.
Building Details
Year Built
1935
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Steven Onesti · License #RS372317
(215) 783-7779
Source:
Xome
Added: Aug 29
Changed: Sep 1
Last Checked: Sep 1 at 8:47PM
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 KW Empower
Investment Insights
Based on property information with market context.
This two-story commercial building with a mezzanine contains approximately 5,760 SF of gross above-grade area on an approximately 5,175 SF lot. The ground level combines retail space with mezzanine area currently leased to a fish and exotic pet store. A separate commercial suite occupies the second floor and has its own entrance. The unfinished basement provides additional storage and utility space, with high ceilings, while central air serves the building.
The property has 44 feet of primary street frontage along Philadelphia’s North 5th Street commercial corridor. The surrounding area includes residential population, neighborhood retailers, restaurants, service businesses, and other commercial uses, with access to public transportation. Built in 1935, the building also includes no parking.
The property has 44 feet of primary street frontage along Philadelphia’s North 5th Street commercial corridor. The surrounding area includes residential population, neighborhood retailers, restaurants, service businesses, and other commercial uses, with access to public transportation. Built in 1935, the building also includes no parking.
Key Highlights
- Approximately 5,760 SF of gross above‑grade building area
- Approximately 5,175 SF lot with 44 feet of primary street frontage
- Street‑level retail with mezzanine area leased to a fish and exotic pet store
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,477
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$989,540
$989.5K
Cap Rate 7%
$706,814
$706.8K
Cap Rate 9%
$549,744
$549.7K
Market Conditions
NOI Build-Up for 5,760 SF
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.
Gross rent
$78.8K $13.68/SF
− Vacancy
−$8.1K −$1.41/SF
EGI
$70.7K $12.27/SF
− OpEx
−$21.2K −$3.68/SF
NOI
$49.5K $8.59/SF
Area
ZIP 19120
Vacancy
10.30%
Lease Rate
$13.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$989,540
Cap Rate 7%
$706,814
Cap Rate 9%
$549,744
Alternative Uses
Best Use
Retail
$706.8K
$618.5K – $824.6K
NOI $49,477 @ 7.0% cap · market cap 8.68%
Second Best
Mixed Use
$706.0K
$617.8K – $823.7K
NOI $49,421 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,316 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,863
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 27%
Apparel 1%
AutoZone
Shops & Services
10,772 visits/mo
0.3 miles
Dunkin' Donuts
Dining
10,315 visits/mo
0.2 miles
Sunoco
Shops & Services
8,349 visits/mo
0.2 miles
Sunoco
Shops & Services
6,674 visits/mo
0.3 miles
PNC Bank
Shops & Services
3,994 visits/mo
0.3 miles
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level retail, an upper-floor commercial suite, and unfinished basement space create a flexible neighborhood property.
Where is this mixed-use property located?
The property is located at 5216 5TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Approximately 5,760 SF of gross above‑grade building area; Approximately 5,175 SF lot with 44 feet of primary street frontage; Street‑level retail with mezzanine area leased to a fish and exotic pet store
