CMX25 Storefront
For Sale
$1,950,000
7153 Frankford Ave, Philadelphia, PA 19135
CMX25-zoned property with central air, electric service, natural gas, and a gas water heater.
Property Size7,650 SF
Price / SF$254.90
Days on Market34
Property Features for 7153 Frankford Ave
General Information
Standard status
Active
Size
7,650 SF
Building Details
Year Built
1920
Listing Agency:
Home Vista Realty
Listed By:
YanLing Zhang
Source:
Selltheshore
Added: Aug 1
Changed: Aug 29
Last Checked: Sep 1 at 8:44PM
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 Home Vista Realty
Investment Insights
Based on property information with market context.
This storefront property at 7153 Frankford Avenue 61 in Philadelphia, Pennsylvania, is designated CMX25 and dates to 1920. Interior systems include central air, electric service, natural gas, and a gas water heater.
Exterior parking features include on-street parking and a garage. The property is located in Philadelphia County at the Frankford Avenue address provided.
Exterior parking features include on-street parking and a garage. The property is located in Philadelphia County at the Frankford Avenue address provided.
Key Highlights
- CMX25 zoning
- Built in 1920
- Central air and electric service
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
$110,849
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
5.68%
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%
$2,216,980
$2.2M
Cap Rate 7%
$1,583,557
$1.6M
Cap Rate 9%
$1,231,656
$1.2M
Market Conditions
NOI Build-Up for 7,650 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
$160.7K $21.00/SF
− Vacancy
−$12.9K −$1.68/SF
EGI
$147.8K $19.32/SF
− OpEx
−$36.9K −$4.83/SF
NOI
$110.8K $14.49/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
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%
$2,216,980
Cap Rate 7%
$1,583,557
Cap Rate 9%
$1,231,656
Alternative Uses
Best Use
Specialty Retail
$1.58M
$1.39M – $1.85M
NOI $110,849 @ 7.0% cap · market cap 5.68%
Second Best
Retail
$1.24M
$1.08M – $1.44M
NOI $86,462 @ 7.0% cap · market cap 4.43%
Theoretical Best
Multifamily LT 5
$1.86M
$1.63M – $2.18M
NOI $130,546 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 32%
Groceries 17%
Electronics 9%
Dunkin' Donuts
Dining
15,888 visits/mo
0.4 miles
Save-A-Lot
Groceries
9,494 visits/mo
0.4 miles
PNC Bank
Shops & Services
5,421 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,065 visits/mo
0.2 miles
Citizens Bank
Shops & Services
4,132 visits/mo
0.2 miles
Demographics for 19135, PA
35,422
Population
14,323
Households
2.5
Avg Household Size
34
Median Age
16%
College-Educated
82%
High-School Grad
2.3 sq mi
ZIP Area
15,401
Density / Sq Mi
$51,817
Median Household Income
$38,673
Median Earnings
$1,197
Median Rent
$182,900
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?
Storefront property - CMX25-zoned property with central air, electric service, natural gas, and a gas water heater.
Where is this storefront property located?
The property is located at 7153 Frankford Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: CMX25 zoning; Built in 1920; Central air and electric service
