Commercial Land with Drive-In
818 N BROAD STREET, Philadelphia, PA 19130
For Sale
New
$1,100,000
CMX4-zoned parcel with street-to-street access and an industrial drive-in door.
Property Size3,200 SF
Price / SF$343.75
Days on Market4
Property Features for 818 N BROAD STREET
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Keller Williams Realty Wilmington
(302) 299-1100
Listed By:
Brandon Gallagher · License PA RS362077
(908) 303-0919
Source:
Cummingsrealtors
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:48PM
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 Keller Williams Realty Wilmington
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Investment Insights
Based on property information with market context.
This commercial parcel measures 20 by 160 feet and includes an industrial drive-in door. CMX4 zoning applies to the property.
Located at 818 N Broad Street in Philadelphia, the site runs from street to street, with access on both sides.
Located at 818 N Broad Street in Philadelphia, the site runs from street to street, with access on both sides.
Key Highlights
- 20 x 160 lot
- CMX4 zoning
- Street‑to‑street parcel with an industrial drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,167
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,340
$723.3K
Cap Rate 7%
$516,671
$516.7K
Cap Rate 9%
$401,856
$401.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$57.6K $18.00/SF
− Vacancy
−$5.9K −$1.85/SF
EGI
$51.7K $16.15/SF
− OpEx
−$15.5K −$4.84/SF
NOI
$36.2K $11.30/SF
Area
Philadelphia, PA
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,340
Cap Rate 7%
$516,671
Cap Rate 9%
$401,856
Alternative Uses
Best Use
Retail
$516.7K
$452.1K – $602.8K
NOI $36,167 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$780.1K
$682.6K – $910.1K
NOI $54,608 @ 7.0% cap · market cap 4.96%
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
Location Intelligence
Trade Area within ½ mile
2,508
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 36%
Home Improvements & Furnishings 3%
Electronics 2%
KFC
Dining
32,572 visits/mo
0.1 miles
Sunoco
Shops & Services
14,890 visits/mo
0.3 miles
Citizens Bank
Shops & Services
14,881 visits/mo
0.5 miles
Dunkin' Donuts
Dining
14,354 visits/mo
0.4 miles
Dunkin' Donuts
Dining
9,196 visits/mo
0.0 miles
Demographics for 19130, PA
31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Commercial land in Philadelphia
Vacancy Rate% for Retail in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Commercial land - CMX4-zoned parcel with street-to-street access and an industrial drive-in door.
Where is this commercial land located?
The property is located at 818 N BROAD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 20 x 160 lot; CMX4 zoning; Street‑to‑street parcel with an industrial drive‑in door
