Retail Space with Floor
New
For Sale
Contact for pricing
7333 ELMWOOD AVENUE #A, Philadelphia, PA 19142
The open-plan unit can be configured for a tenant’s layout and equipment needs.
Property Size4,300 SF
Price / SF$0.81
Days on Market4
Property Features for 7333 ELMWOOD AVENUE #A
General Information
Standard status
Active
Size
4,300 SF
Property subtype
Commercial
Site & Location
Neighborhood
Southwest Philadelphia
Highway Access
Yes
Road Access
Yes
Additional Details
Automotive Uses
car wash, detailing
Amenities
built-in floor drainage
Building Details
Year Built
1950
Listing Agency:
RE/MAX Preferred - Cherry Hill
(856) 616-2626
Listed By:
ARAFAT FARHAT · License #1974100
(609) 352-5803
Source:
Cummingsrealtors
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 2:39PM
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 RE/MAX Preferred - Cherry Hill
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,300-square-foot retail space has a wide-open vanilla-box layout and built-in floor drainage. The landlord is willing to divide the space to meet tenant requirements, and the unit was built in 1950. Its drainage infrastructure may suit operations that require water management, including automotive detailing or similar specialty businesses.
The property is at 7333 Elmwood Avenue in Philadelphia, Pennsylvania, within a corridor the source describes as high-traffic. Public transit and major highways are noted as accessible, though no routes or distances are specified.
The property is at 7333 Elmwood Avenue in Philadelphia, Pennsylvania, within a corridor the source describes as high-traffic. Public transit and major highways are noted as accessible, though no routes or distances are specified.
Key Highlights
- 4,300 square feet of open retail space
- Built‑in floor drainage
- Landlord willing to divide the unit to accommodate tenant requirements
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,569
Suggested Prices Based on Cap Rates
Cap Rate 5%
$631,380
$631.4K
Cap Rate 7%
$450,986
$451.0K
Cap Rate 9%
$350,767
$350.8K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$49.0K $11.40/SF
− Vacancy
−$3.9K −$0.91/SF
EGI
$45.1K $10.49/SF
− OpEx
−$13.5K −$3.15/SF
NOI
$31.6K $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 Rate 5%
$631,380
Cap Rate 7%
$450,986
Cap Rate 9%
$350,767
Alternative Uses
Best Use
Specialty Retail
$890.1K
$778.8K – $1.04M
NOI $62,307 @ 7.0% cap · market cap 1,780.20%
Second Best
Retail
$694.3K
$607.5K – $810.0K
NOI $48,599 @ 7.0% cap · market cap 1,388.54%
Theoretical Best
Multifamily LT 5
$1.05M
$917.2K – $1.22M
NOI $73,379 @ 7.0% cap · market cap 2,096.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
AutoZone
Shops & Services
6,834 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
4,023 visits/mo
0.2 miles
Marathon
Shops & Services
3,206 visits/mo
0.1 miles
Little Caesars Pizza
Dining
1,899 visits/mo
0.1 miles
Demographics for 19142, PA
29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
Median Home Value
Market
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Retail space - The open-plan unit can be configured for a tenant’s layout and equipment needs.
Where is this retail space located?
The property is located at 7333 ELMWOOD AVENUE #A Philadelphia, PA.
What are key features of this property?
This property features: 4,300 square feet of open retail space; Built‑in floor drainage; Landlord willing to divide the unit to accommodate tenant requirements
