Retail Space with New
For Sale
$247,000
806 POWELL AVENUE, Darby, PA 19023
CBD-zoned commercial building beside public parking with updated building systems and flexible retail or service potential.
Property Size1,500 SF
Lot Size0.08 Acres
Price / SF$164.67
Days on Market11
Property Features for 806 POWELL AVENUE
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Lot size
0.08 Acres
Property subtype
Commercial
Zoning
CBD
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
new mini split heating and air conditioning system
new electrical service line and flood lights
new plumbing
newly added bathroom
new roof (partial)
new security garage door
recently painted inside and out
Building Details
Year Built
1948
Buildings
1
Listing Agency:
Coldwell Banker Realty
(484) 319-1993
Listed By:
Julie A Russell
(484) 319-1993
Source:
Cummingsrealtors
Added: Jul 30
Changed: Aug 9
Last Checked: Aug 9 at 8:11AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This retail property at 806 Powell Avenue includes a 1,500-square-foot commercial building on a 3,400-square-foot lot. Recent improvements include a mini-split heating and air conditioning system, electrical service line, flood lights, plumbing, bathroom, partial roof replacement, security garage door, and interior and exterior painting. The driveway provides parking for 2 cars, while the building’s configuration supports a range of retail and service-oriented uses described by the CBD zoning designation.
The property is adjacent to a public parking lot and located steps from Main St in Darby. Public transportation is nearby, with convenient highway access. The 1948 building combines an established structure with several recently completed systems and finish upgrades.
The property is adjacent to a public parking lot and located steps from Main St in Darby. Public transportation is nearby, with convenient highway access. The 1948 building combines an established structure with several recently completed systems and finish upgrades.
Key Highlights
- 1,500‑square‑foot commercial building on a 3,400‑square‑foot lot
- CBD zoning designation
- New mini‑split heating and air conditioning system
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
$19,278
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
7.80%
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%
$385,560
$385.6K
Cap Rate 7%
$275,400
$275.4K
Cap Rate 9%
$214,200
$214.2K
Market Conditions
NOI Build-Up for 1,500 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
$27.0K $18.00/SF
− Vacancy
−$1.3K −$0.86/SF
EGI
$25.7K $17.14/SF
− OpEx
−$6.4K −$4.28/SF
NOI
$19.3K $12.85/SF
Area
Delaware County, PA
Vacancy
4.80%
Lease Rate
$18.00 /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%
$385,560
Cap Rate 7%
$275,400
Cap Rate 9%
$214,200
Alternative Uses
Best Use
Specialty Retail
$275.4K
$241.0K – $321.3K
NOI $19,278 @ 7.0% cap · market cap 7.80%
Second Best
Retail
$210.4K
$184.1K – $245.4K
NOI $14,726 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$454.8K
$397.9K – $530.6K
NOI $31,835 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,309
Businesses Nearby
99k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 37%
Groceries 12%
McDonald's
Dining
21,057 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,118 visits/mo
0.3 miles
Save-A-Lot
Groceries
11,635 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,516 visits/mo
0.3 miles
Dollar General
Shops & Services
8,456 visits/mo
0.4 miles
Demographics for 19023, PA
22,180
Population
9,089
Households
2.4
Avg Household Size
34
Median Age
17%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
11,090
Density / Sq Mi
$48,962
Median Household Income
$37,110
Median Earnings
$1,240
Median Rent
$117,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - CBD-zoned commercial building beside public parking with updated building systems and flexible retail or service potential.
Where is this retail space located?
The property is located at 806 POWELL AVENUE Darby, PA.
What is the asking price?
The asking price for this property is $247,000.
What are key features of this property?
This property features: 1,500‑square‑foot commercial building on a 3,400‑square‑foot lot; CBD zoning designation; New mini‑split heating and air conditioning system
