Two-Story Mixed-Use Commercial
For Sale
$439,888
5505 5TH STREET, Philadelphia, PA 19120
Modern two-story building with bright, open floor areas and an upstairs level suited for retail or office use.
Property Size3,842 SF
Price / SF$114.49
Days on Market72
Property Features for 5505 5TH STREET
General Information
Standard status
Active
Size
3,842 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$4,608
Amenities
Central Air
3
Parking.
Lot.
45.00 x 113.00
Other.
Building Details
Year Built
1900
Stories
2
Listing Agency:
A Plus Realtors LLC
(917) 622-8968
Listed By:
Michelle Jiang · License #RS341120
(917) 622-8968
Source:
Xome
Added: Jun 19
Changed: Aug 12
Last Checked: Aug 29 at 6:06AM
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 A Plus Realtors LLC
Investment Insights
Based on property information with market context.
This large, modern two-story commercial mixed-use building features a spacious open layout with bright lighting throughout. The upstairs level provides additional space that can be used for retail, office, or other business purposes. Wide aisles and well-organized areas are designed to support convenient movement for customers and staff.
A parking lot sits next to the building, supporting easy access for unloading goods and deliveries.
Overall, the property offers flexible interior configuration across two levels within a single commercial structure, complemented by adjacent parking for operational convenience.
A parking lot sits next to the building, supporting easy access for unloading goods and deliveries.
Overall, the property offers flexible interior configuration across two levels within a single commercial structure, complemented by adjacent parking for operational convenience.
Key Highlights
- Modern two‑story commercial mixed‑use building with an open, spacious layout and bright lighting
- Upstairs level can be used for additional retail space, offices, or other business purposes
- Central air cooling and heating (3) provided
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
$33,002
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
7.50%
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%
$660,040
$660.0K
Cap Rate 7%
$471,457
$471.5K
Cap Rate 9%
$366,689
$366.7K
Market Conditions
NOI Build-Up for 3,842 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
$52.6K $13.68/SF
− Vacancy
−$5.4K −$1.41/SF
EGI
$47.1K $12.27/SF
− OpEx
−$14.1K −$3.68/SF
NOI
$33.0K $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%
$660,040
Cap Rate 7%
$471,457
Cap Rate 9%
$366,689
Alternative Uses
Best Use
Retail
$471.5K
$412.5K – $550.0K
NOI $33,002 @ 7.0% cap · market cap 7.50%
Second Best
Office B
$374.9K
$328.1K – $437.4K
NOI $26,246 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$917.8K
$803.1K – $1.07M
NOI $64,244 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,658
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Philadelphia, PA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Modern two-story building with bright, open floor areas and an upstairs level suited for retail or office use.
Where is this storefront property located?
The property is located at 5505 5TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $439,888.
What are key features of this property?
This property features: Modern two‑story commercial mixed‑use building with an open, spacious layout and bright lighting; Upstairs level can be used for additional retail space, offices, or other business purposes; Central air cooling and heating (3) provided
