Industrial Warehouse Opportunity in
For Sale
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5400 Paschall Ave, Philadelphia, PA
Two industrial buildings totaling 19,609 SF on a corner lot.
Property Size19,609 SF
Lot Size0.67 Acres
Price / SF$81.34
Days on Market1112
Property Features for 5400 Paschall Ave
General Information
Standard status
Active
Size
19,609 SF
Lot size
0.67 Acres
Property subtype
RETAIL
Listing Agency:
MPN Realty, Inc.
(215) 413-4900
Listed By:
Nadia Bilynsky · License #RS311101
(267) 441-0601
Source:
Moodyscre
Added: Aug 21, 2023
Changed: Aug 15
Last Checked: Sep 4 at 5:24PM
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 MPN Realty, Inc.
Investment Insights
Based on property information with market context.
The property at 5400-18 Paschall Ave in Philadelphia features two industrial/warehouse buildings totaling approximately 19,609 square feet, situated on a corner lot of approximately 29,250 square feet. Zoned I-2, the property is suitable for warehouse, industrial use, or investment. The location has been used as an auto repair shop for over 20 years, making it suitable for auto repair and related businesses. Located in Southwest Philadelphia, the site offers convenient access to I-76, University City, and South Philadelphia. Currently, two tenants occupy a portion of the site under month-to-month leases. The majority of the building will be delivered vacant.
Key Highlights
- Two industrial/warehouse buildings totaling 19,609 +/- SF on a 29,250 +/- SF corner lot.
- Zoned I‑2, suitable for warehouse/industrial users or investors.
- Ideal for auto repair and related businesses (current owner operated an auto repair shop for 20+ years).
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
$143,961
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
9.03%
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%
$2,879,220
$2.9M
Cap Rate 7%
$2,056,586
$2.1M
Cap Rate 9%
$1,599,567
$1.6M
Market Conditions
NOI Build-Up for 19,609 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
$223.5K $11.40/SF
− Vacancy
−$17.9K −$0.91/SF
EGI
$205.7K $10.49/SF
− OpEx
−$61.7K −$3.15/SF
NOI
$144.0K $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 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%
$2,879,220
Cap Rate 7%
$2,056,586
Cap Rate 9%
$1,599,567
Alternative Uses
Best Use
Retail
$3.17M
$2.77M – $3.69M
NOI $221,625 @ 7.0% cap · market cap 13.89%
Second Best
Warehouse
$2.87M
$2.51M – $3.34M
NOI $200,572 @ 7.0% cap · market cap 12.58%
Theoretical Best
Multifamily LT 5
$4.78M
$4.18M – $5.58M
NOI $334,626 @ 7.0% cap · market cap 20.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- CubeSmart Self Storage — 2231 S 62nd St, Philadelphia, PA 19142
- Self-Storage at U-Haul — 5744 Woodland Ave, Philadelphia, PA 19143
- Extra Space Storage — 5601 Paschall Ave, Philadelphia, PA 19143, United States
Frequently Asked Questions
What type of property is this?
Warehouse - Two industrial buildings totaling 19,609 SF on a corner lot.
Where is this warehouse located?
The property is located at 5400 Paschall Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two industrial/warehouse buildings totaling 19,609 +/- SF on a 29,250 +/- SF corner lot.; Zoned I‑2, suitable for warehouse/industrial users or investors.; Ideal for auto repair and related businesses (current owner operated an auto repair shop for 20+ years).
