Corner Lot with Multiple
800 12th Ave Prospect Park, PA
For Sale
Contact for pricing
0.57-acre corner lot with three buildings totaling approximately 6,000 SF.
Property Size6,000 SF
Lot Size0.57 Acres
Price / SF$215
Days on Market356
Property Features for 800 12th Ave
General Information
Standard status
Active
Size
6,000 SF
Lot size
0.57 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Capital Commercial Real Estate Group
(561) 945-2346
Listed By:
Christopher Armas · License #332049
(561) 945-2346
Source:
Moodyscre
Added: Aug 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:08AM
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 Capital Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This property features a 0.57-acre corner lot improved with three buildings totaling approximately 6,000 square feet. The site is fully enclosed with a gated entry and offers outdoor storage. The buildings include garage-style bays and office/shop space, as well as vehicle storage. The property is surrounded by dense residential areas and local traffic drivers. It is located minutes from I-95, Philadelphia Airport, and regional transit. This property, under long-term ownership, is being offered for the first time in over 40 years. It is suitable for an owner/user, contractor, or landscaper.
Key Highlights
- 0. 57‑acre corner lot featuring 3 buildings totaling +-6,000 SF
- Fully enclosed site with gated entry and outdoor storage
- Minutes to I‑95, Philadelphia Airport, and regional transit
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.4k | $11.40 |
| − Vacancy | −$3.8k | −$0.64 |
| EGI | $64.6k | $10.76 |
| − OpEx | −$22.6k | −$3.77 |
| NOI | $42.0k | $7.00 |
6,000 SF · lease $11.40/SF/yr · vacancy 5.60% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$599.6K
$524.6K – $699.5K
NOI $41,970 @ 7.0% cap · market cap 3.25%
Second Best
Industrial
$519.9K
$454.9K – $606.5K
NOI $36,392 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,340 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - 0.57-acre corner lot with three buildings totaling approximately 6,000 SF.
Where is this warehouse located?
The property is located at 800 12th Ave Prospect Park, PA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: 0. 57‑acre corner lot featuring 3 buildings totaling +-6,000 SF; Fully enclosed site with gated entry and outdoor storage; Minutes to I‑95, Philadelphia Airport, and regional transit
