Philadelphia Redevelopment Opportunity Near
For Sale
Contact for pricing
Pending
4790 James St, Philadelphia, PA 19137
4.7-acre site ideal for industrial, commercial, or institutional redevelopment.
Property Size50,000 SF
Lot Size4.70 Acres
Days on Market741
Property Features for 4790 James St
General Information
Standard status
Pending
Size
50,000 SF
Total Parking Spaces
300
Lot size
4.70 Acres
Property subtype
Industrial, Retail, Special Purpose
Occupancy
100%
Investment Type
Owner/User
Site & Location
Neighborhood
Kensington
Building Details
Buildings
2
Listing Agency:
McCann Commercial Real Estate
Listed By:
Darryl Miller, CRB, CCIM · License #AB044338A
Source:
Crexi
Added: Oct 14, 2024
Changed: Oct 7
Last Checked: Oct 23 at 4:57AM
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
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Investment Insights
Based on property information with market context.
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.
Key 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$511,428
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,228,560
$10.2M
Cap Rate 7%
$7,306,114
$7.3M
Cap Rate 9%
$5,682,533
$5.7M
Market Conditions
NOI Build-Up for 50,000 SF
Gross rent
$654.0K $13.08/SF
− Vacancy
−$52.3K −$1.05/SF
EGI
$601.7K $12.03/SF
− OpEx
−$90.3K −$1.81/SF
NOI
$511.4K $10.23/SF
Area
Philadelphia, PA
Vacancy
8.00%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,228,560
Cap Rate 7%
$7,306,114
Cap Rate 9%
$5,682,533
Alternative Uses
Best Use
Warehouse
$7.31M
$6.39M – $8.52M
NOI $511,428 @ 7.0% cap · market cap 6.43%
Second Best
—
—
no second resolved use
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 authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 19137, PA
8,682
Population
3,485
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
2.4 sq mi
ZIP Area
3,618
Density / Sq Mi
$64,401
Median Household Income
$46,109
Median Earnings
$1,205
Median Rent
$212,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Philadelphia, PA
Similar Off Market Nearby
- Public Storage — 2190 Wheatsheaf Ln, Philadelphia, PA 19137
- CubeSmart Self Storage — 4391 Aramingo Ave, Philadelphia, PA 19124
- 4410 Belgrade Self Storage — 4410 Belgrade St, Philadelphia, PA 19137
- Tackawanna Self Storage Facility — 4260 Tackawanna St 1st floor, Philadelphia, PA 19124
- Good Deal Self Storage LLC — 5400 Eadom St, Philadelphia, PA 19137
Frequently Asked Questions
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.
