Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1929-1945 York St Philadelphia, PA 19125

    • Retail properties
    • 1,452 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 1929-1945 York St

    Property size
    1,452 SF
    Property type
    Retail properties

    Description

    This exceptional 1,452 square foot retail space, located at 1929-1945 York Street in Philadelphia, Pennsylvania (zip code 19125), presents a unique opportunity for a single-tenant business. The entire building is currently vacant, offering immediate occupancy for a prospective tenant. Situated in Philadelphia County, this property boasts a convenient location, easily accessible to customers and employees alike. The property's single-tenant occupancy ensures complete control and flexibility for the lessee. The building's total square footage is 1,452 square feet, providing ample space for a variety of retail ventures. This is an ideal space for businesses seeking a prominent location in a vibrant Philadelphia neighborhood. The property is ready for immediate lease and offers a blank canvas for a new business to establish its presence. Interested parties are encouraged to inquire promptly to secure this exceptional retail opportunity. The property's address is clearly defined as 1929-1945 York Street, providing excellent visibility and accessibility. This is a rare chance to acquire a fully vacant, single-tenant retail space in a desirable Philadelphia location. The property is classified as commercial retail and is ready for immediate occupancy.

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Philadelphia
    State
    Pennsylvania
    Longitude
    -75.1305
    Latitude
    39.9848

    Comparable in this City

    • Value Estimation by Request
      2,128 SF

      1215 Frankford Ave

      Retail properties • 2,128 SF
      1215 Frankford Ave, Philadelphia, PA 19125
      View Details
    • Value Estimation by Request
      133,784 SF

      2401-2499 Aramingo Ave

      Retail properties • 133,784 SF
      2401-2499 Aramingo Ave, Philadelphia, PA 19125
      View Details
    • Value Estimation by Request
      14,000 SF

      1084 Delaware Ave

      Retail properties • 14,000 SF
      1084 Delaware Ave, Philadelphia, PA 19125
      View Details
    • Value Estimation by Request
      280 SF

      2501 Cumberland St, Unit 27

      NURSERY, GREENHOUSE, FLORIST • 280 SF
      2501 Cumberland St, Philadelphia, PA 19125-3100
      View Details
    • Value Estimation by Request

      1323 Lee St

      Day care centers
      1323 Lee St, Philadelphia, PA 19125
      View Details
    • Value Estimation by Request

      2187-91 Norris St

      Multifamily properties
      2187-91 Norris St, Philadelphia, PA 19125
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,753 SF

      Fishtown/Olde Richmond Retail Property

      6,753 SF retail property in Philadelphia's Fishtown/Olde Richmond.
      2409 Cedar St, Philadelphia, PA 19125
      View Details
    • $679,900
      2,598 SF

      Fishtown Mixed-Use Investment Opportunity

      Three-unit mixed-use property in vibrant Fishtown neighborhood.
      413 E Girard Ave, Philadelphia, PA 19125
      View Details
    • $350,000
      975 SF

      Fishtown Storefront Duplex Investment

      Corner storefront duplex in thriving Fishtown, ideal for live/work.
      2621 Sepviva St, Philadelphia, PA 19125
      View Details
    • $699,900
      1,803 SF

      Fishtown Mixed-Use Triplex with City Views

      Fully occupied mixed-use triplex in Fishtown with commercial and residential units.
      2427 Frankford Ave, Philadelphia, PA 19125
      View Details
    • $489,900

      Fishtown Mixed-Use Prime Location

      Mixed-use building in prime Fishtown location near popular spots.
      1429 Frankford Ave Ave, Philadelphia, PA 19125
      View Details
    • $924,900
      2,517 SF

      Fishtown Mixed-Use Building on Girard

      Mixed-use property in prime Fishtown location with high visibility.
      1135 E Susquehanna Ave, Philadelphia, PA 19125
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,452 SF

      Prime Philadelphia Retail Space

      1,452 SF Retail Space - Available Now
      1929-1945 York St, Philadelphia, PA 19125
      View Details
    • Contact for pricing
      9,107 SF

      Kensington Ave Retail Space For Lease

      Prime Retail Space, High Visibility, 9,107 SF
      2459 Kensington Ave, Philadelphia, PA 19125
      View Details
    • Contact for pricing
      1,000 SF

      New Retail Space Available

      New construction retail space in booming Fishtown and East Kensington.
      2000 Dreer St, Philadelphia, PA 19125
      View Details
    • Contact for pricing
      4,630 SF

      Retail Space on Delaware Avenue

      4,630 SF retail space with parking and high visibility.
      1084 Delaware Ave, Philadelphia, PA 19125
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Grocery-Anchored Center

      Retail spaces available in shopping center with ample parking.
      2101 W Lehigh Ave, Philadelphia, PA 19125
      View Details
    • $50 SF/Yr
      15,588 SF

      Frankford Ave Retail Space

      15,588 SF Flex Space, Fishtown, PA
      1706 Frankford Ave, Philadelphia, PA 19125
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1929-1945 York St
    Philadelphia, PA 19125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.