Philadelphia Redevelopment Opportunity Near
4790 James St, Philadelphia, PA 19137
4.7-acre site ideal for industrial, commercial, or institutional redevelopment.
Type:Industrial, Retail, Special Purpose
Property size:
50,000 SFLot size:
4.70 AcresPrice / SF:
$159/SF- Added:
- Oct 14, 2024
- Days on Market:
- 600
- Last Refresh:
- May 12 at 10:43 pm
Property Features for 4790 James St
General Information
- Standard status
- Active
- Size
- 50,000 SF
- Lot size
- 4.70 Acres
- Property subtype
- Industrial, Retail, Special Purpose
Listing agent Darryl Miller, CRB, CCIM License #AB044338A
Listing office McCann Commercial Real Estate
Listing date Oct 14, 2024
Source Crexi
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 McCann Commercial Real Estate
HighLights
- Prime Location: Immediate I‑95 access and proximity to major transportation hubs.
- Large 4.7+ acre site with ample truck maneuvering and storage.
- Zoning & Adaptive Reuse Potential: Strong candidate for variance rezoning to light industrial, warehouse, or commercial retail.
- Existing Modern Building Systems & Layout: 50,000+ SF structure with high ceilings and existing loading/receiving areas.
- Workforce & Business Ecosystem: Located within a dense urban labor market.
- Versatile Use: Ideal for AI Data Center, e‑commerce fulfillment, or warehouse.
Overview
This property presents an exceptional industrial, commercial, or institutional building or land redevelopment opportunity, offering immediate access to I-95 via the Bridge Street Exit and direct connections to major regional corridors, including Roosevelt Boulevard (US 1), I-76, and Route 63 (Woodhaven Rd). It is located minutes from the Port of Philadelphia, Northeast Philadelphia Airport, and Philadelphia International Airport. The site is ideal for an AI Data Center, e-commerce fulfillment, service fleet operations, a retail center, self-storage, a trades facility, or a flex office campus. It can also serve as a warehouse, logistics, or distribution hub. The existing 50,000+ SF structure includes high-ceiling open areas, wide column spacing, and reinforced floors, making it ideal for industrial repurposing. It features commercial-grade utilities (electrical, HVAC, plumbing) and existing loading/receiving areas. The secondary 6,095 SF annex building can function as office, training, R&D, or small-scale production space. The property is located within an established urban industrial corridor near Frankford, Bridesburg, and Tacony. The site spans over 4.7 acres (204,934 SF) with 556 feet of frontage, providing ample land development opportunity, truck maneuvering, and storage space. There is paved parking for 200+ cars or 125+ trucks, two existing loading docks, and drive-in access, with potential to expand for industrial workflow. The masonry construction and high structural capacity are suitable for light manufacturing, warehouse conversion, or flex-space adaptation.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $900.0k | $18.00 |
| − Vacancy | −$92.7k | −$1.85 |
| EGI | $807.3k | $16.15 |
| − OpEx | −$242.2k | −$4.84 |
| NOI | $565.1k | $11.30 |
50,000 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.07M
$7.06M – $9.42M
NOI $565,110 @ 7.0% cap · market cap 7.11%
Second Best
Flex RnD
$7.52M
$6.58M – $8.78M
NOI $526,500 @ 7.0% cap · market cap 6.62%
Theoretical Best
Multifamily LT 5
$12.19M
$10.67M – $14.22M
NOI $853,245 @ 7.0% cap · market cap 10.73%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
The Baptist Worship Center
Church
Similar Places Nearby
- CubeSmart Self Storage — 4391 Aramingo Ave, Philadelphia, PA 19124
- Good Deal Self Storage LLC — 5400 Eadom St, Philadelphia, PA 19137
- Tackawanna Self Storage Facility — 4260 Tackawanna St 1st floor, Philadelphia, PA 19124
- Honor foods entrance Burris Logistics — 5505 Tacony St, Philadelphia, PA 19137
- 4410 Belgrade Self Storage — 4410 Belgrade St, Philadelphia, PA 19137
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.073536
- Latitude
- 40.008749
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - 4.7-acre site ideal for industrial, commercial, or institutional redevelopment.
Where is this warehouse located?
The property is located at 4790 James St Philadelphia, PA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: Prime Location: Immediate I‑95 access and proximity to major transportation hubs.; Large 4.7+ acre site with ample truck maneuvering and storage.; Zoning & Adaptive Reuse Potential: Strong candidate for variance rezoning to light industrial, warehouse, or commercial retail.
