Listing Agency: Capital Commercial Real Estate Group Show Phone

Listed By: Christopher Armas · License #332049 Show Phone

Source: Moodyscre

Added: Aug 8, 2025 Changed: Oct 25 Last Checked: Oct 26 at 6:43PM

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Review the available facts, identify missing information and prepare questions for the agent.

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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

Estimated NOI and Cap Rate

NOI / Yr

$41,970

Cap Rate

3.25%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$839,400 $839.4K

Cap Rate 7%

$599,571 $599.6K

Cap Rate 9%

$466,333 $466.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,000 SF

Gross rent

$68.4K $11.40/SF

− Vacancy

−$3.8K −$0.64/SF

EGI

$64.6K $10.76/SF

− OpEx

−$22.6K −$3.77/SF

NOI

$42.0K $7.00/SF

Area

Delaware County, PA

Vacancy

5.60%

Lease Rate

$11.40 /SF/Yr

Expense Ratio

35.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$839,400

Cap Rate 7%

$599,571

Cap Rate 9%

$466,333

Alternative Uses

Best Use

Flex RnD

$599.6K

$524.6K – $699.5K (±1% cap)

NOI $41,970 @ 7.0% cap · market cap 3.25%

Second Best

Industrial

$519.9K

$454.9K – $606.5K (±1% cap)

NOI $36,392 @ 7.0% cap · market cap 2.82%

Theoretical Best

Office A

$1.82M

$1.59M – $2.12M (±1% cap)

NOI $127,340 @ 7.0% cap · market cap 9.87%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

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

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Accounting Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

814

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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