Small Bay Industrial Service
For Sale
Contact for pricing
6600 E Baltimore Ave, Lansdowne, PA 19050
9,382 SF industrial building suitable for owner-user or investor.
Property Size9,382 SF
Price / SF$122.58
Days on Market174
Property Features for 6600 E Baltimore Ave
General Information
Standard status
Active
Size
9,382 SF
Property subtype
Industrial
Zoning
C-4
Building Details
Year Built
1940
Listing Agency:
SIG Sands Investment
Listed By:
Griffin Reath · License #RS369784
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 8 at 6:33AM
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 SIG Sands Investment
Investment Insights
Based on property information with market context.
The property at 6600 Baltimore Avenue in Lansdowne, PA, is a 9,382 SF small bay industrial service building. This property is suitable for an owner-user or investor. It features 6 grade-level roll-up doors across 2 warehouse units, making it suitable for a range of industrial and service users.
Key Highlights
- 9,382 SF Small Bay Industrial Service Building
- Suitable for owner‑user or investor
- Located at 6600 Baltimore Avenue in Lansdowne, PA
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
$56,905
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
4.95%
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%
$1,138,100
$1.1M
Cap Rate 7%
$812,929
$812.9K
Cap Rate 9%
$632,278
$632.3K
Market Conditions
NOI Build-Up for 9,382 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
$88.9K $9.48/SF
− Vacancy
−$7.6K −$0.82/SF
EGI
$81.3K $8.66/SF
− OpEx
−$24.4K −$2.60/SF
NOI
$56.9K $6.07/SF
Area
Delaware County, PA
Vacancy
8.60%
Lease Rate
$9.48 /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%
$1,138,100
Cap Rate 7%
$812,929
Cap Rate 9%
$632,278
Alternative Uses
Best Use
Industrial
$812.9K
$711.3K – $948.4K
NOI $56,905 @ 7.0% cap · market cap 4.95%
Second Best
Warehouse
$624.8K
$546.7K – $728.9K
NOI $43,733 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,117 @ 7.0% cap · market cap 17.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19050, PA
29,176
Population
12,695
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
92%
High-School Grad
3.7 sq mi
ZIP Area
7,885
Density / Sq Mi
$62,517
Median Household Income
$44,408
Median Earnings
$1,166
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- FlexBox Mobile Storage — 6250 Baltimore Ave, Lansdowne, PA 19050
- Brt Warehousing — 6250 Baltimore Avenue Yeadon, Yeadon, PA 19050
- Safeguard Self Storage — 41 S Union Ave, Lansdowne, PA 19050
Frequently Asked Questions
What type of property is this?
Warehouse - 9,382 SF industrial building suitable for owner-user or investor.
Where is this warehouse located?
The property is located at 6600 E Baltimore Ave Lansdowne, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 9,382 SF Small Bay Industrial Service Building; Suitable for owner‑user or investor; Located at 6600 Baltimore Avenue in Lansdowne, PA
