Mixed-Use Property with
New
For Sale
$460,000
5737 ELMWOOD AVENUE, Philadelphia, PA 19143
Interior features include a service counter, customer seating, a private office, and a restroom.
Property Size1,500 SF
Lot Size0.26 Acres
Price / SF$306.67
Days on Market4
Property Features for 5737 ELMWOOD AVENUE
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
20
Lot size
0.26 Acres
Property subtype
Commercial
Site & Location
Corner Location
Yes
Road Access
Yes
Amenities
service counter
customer seating area
private office
restroom
Building Details
Year Built
1925
Buildings
1
Listing Agency:
KW Empower
(215) 627-3500
Listed By:
Jason Cullen · License #RS333798
(484) 433-7158
Source:
Cummingsrealtors
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 6:22AM
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
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Investment Insights
Based on property information with market context.
This mixed-use commercial property includes approximately 1,500 square feet of interior space, with a service counter, customer seating area, private office, and restroom. The building was constructed in 1925 and occupies a 150' x 75' parcel with parking for approximately 20 vehicles.
An adjacent billboard is also part of the property offering. The existing interior layout combines customer-facing space with a separate office and restroom.
An adjacent billboard is also part of the property offering. The existing interior layout combines customer-facing space with a separate office and restroom.
Key Highlights
- Approximately 1,500 square feet of interior space
- 150' x 75' lot
- Parking for approximately 20 vehicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,145
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,900
$522.9K
Cap Rate 7%
$373,500
$373.5K
Cap Rate 9%
$290,500
$290.5K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$45.0K $30.00/SF
− Vacancy
−$7.7K −$5.10/SF
EGI
$37.4K $24.90/SF
− OpEx
−$11.2K −$7.47/SF
NOI
$26.1K $17.43/SF
Area
ZIP 19143
Vacancy
17.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,900
Cap Rate 7%
$373,500
Cap Rate 9%
$290,500
Alternative Uses
Best Use
Retail
$373.5K
$326.8K – $435.8K
NOI $26,145 @ 7.0% cap · market cap 5.68%
Second Best
Mixed Use
$289.3K
$253.1K – $337.5K
NOI $20,250 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$514.1K
$449.9K – $599.8K
NOI $35,988 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 36%
Groceries 21%
McDonald's
Dining
22,770 visits/mo
0.4 miles
Save-A-Lot
Groceries
16,102 visits/mo
0.3 miles
Dollar General
Shops & Services
13,016 visits/mo
0.5 miles
Dunkin' Donuts
Dining
10,860 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,973 visits/mo
0.3 miles
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Mixed-use property - Interior features include a service counter, customer seating, a private office, and a restroom.
Where is this mixed-use property located?
The property is located at 5737 ELMWOOD AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Approximately 1,500 square feet of interior space; 150' x 75' lot; Parking for approximately 20 vehicles
