Philadelphia Industrial Property for
For Sale
Contact for pricing
919 S 53rd St, Philadelphia, PA
Industrial property in Philadelphia, PA, with ultra-dense demographics.
Property Size15,348 SF
Lot Size0.45 Acres
Price / SF$195.47
Days on Market582
Property Features for 919 S 53rd St
General Information
Standard status
Active
Size
15,348 SF
Lot size
0.45 Acres
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
Southwest Philadelphia
Listing Agency:
Legacy Real Estate Advisors
(248) 450-3257
Listed By:
Dominic Shamany · License ##6506047766
(248) 450-3259
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Oct 25
Last Checked: Nov 3 at 9:33AM
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 Legacy Real Estate Advisors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property is located in Philadelphia, PA, part of the Philadelphia MSA, which is ranked #8 in the U.S.A. The property benefits from ultra-dense demographics, with over 413,000 people residing within a 3-mile radius. It is approximately a 17-minute drive to Philadelphia International Airport and is in close proximity to Downtown Philadelphia, the University & Hospital of Pennsylvania, the Philadelphia Museum of Art, Barnes Foundation, and the Franklin Institute. The property encompasses 15,348 square feet.
Key Highlights
- Located in Philadelphia, PA - a Top 10 MSA (#8) in the U.S.A.
- Ultra Dense Demographics - over 413,000 people reside within 3 mile radius.
- 17 minute drive to Philadelphia International Airport.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,679
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,253,580
$2.3M
Cap Rate 7%
$1,609,700
$1.6M
Cap Rate 9%
$1,251,989
$1.3M
Market Conditions
NOI Build-Up for 15,348 SF
Gross rent
$175.0K $11.40/SF
− Vacancy
−$14.0K −$0.91/SF
EGI
$161.0K $10.49/SF
− OpEx
−$48.3K −$3.15/SF
NOI
$112.7K $7.34/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,253,580
Cap Rate 7%
$1,609,700
Cap Rate 9%
$1,251,989
Alternative Uses
Best Use
Industrial
$1.61M
$1.41M – $1.88M
NOI $112,679 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.74M
$3.27M – $4.37M
NOI $261,912 @ 7.0% cap · market cap 8.73%
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
1,754
Businesses Nearby
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Philadelphia, PA
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property in Philadelphia, PA, with ultra-dense demographics.
Where is this industrial property located?
The property is located at 919 S 53rd St Philadelphia, PA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Located in Philadelphia, PA - a Top 10 MSA (#8) in the U.S.A.; Ultra Dense Demographics - over 413,000 people reside within 3 mile radius.; 17 minute drive to Philadelphia International Airport.
