Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Lot with Multiple Buildings Title is generated by Realmo AI

    800 12th Ave, Prospect Park, PA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    0.57-acre corner lot with three buildings totaling approximately 6,000 SF.

    Type:INDUSTRIAL
    Property size:
    6,000 SF
    Lot size:
    0.57 Acres
    Price / SF:
    $215/SF
    Added:
    Aug 8, 2025
    Days on Market:
    292
    Last Refresh:
    May 20 at 9:09 pm

    Property Features for 800 12th Ave

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    0.57 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Christopher Armas
    Christopher Armas

    Listing agent Christopher Armas

    Listing office Capital Commercial Real Estate Group

    Listing date Aug 8, 2025

    Source Moodyscre

    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

    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
    • Garage‑style bays, office/shop space, and vehicle storage available
    • Surrounded by dense residential and local traffic drivers
    • Long‑term ownership; first time offered in over 40 years

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    DWD Mechanical Contractors General Contractor Excell Automotive Auto Repair Shop CNM Construction Construction Company

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prospect Park
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.312
    Latitude
    39.8871

    Nearby Similar for Sale

    • $899,000
      3,200 SF

      Commercial Building with Laundromat Business

      Freestanding commercial building with established laundromat business and private parking.
      517 CHESTER PIKE, PROSPECT PARK, PA 19076
      View Details
    • $495,000
      4,343 SF

      Two-Story Retail Building For Sale

      Two-story, 4,343 SF retail building on 0.29 acres.
      641 Chester Pike, Prospect Park, PA 19076
      View Details
    • $819,000
      5,600 SF

      Thriving Bakery with Income Apartments

      Established bakery with long-term lease and two income-producing apartments.
      1020 Lincoln Avenue, Prospect Park, PA 19076
      View Details

    FAQs

    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
    (561) 945-2346 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Christopher Armas
    Christopher Armas
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    800 12th Ave, Prospect Park, PA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!