Industrial Property - For Sale
114 East Baltimore Avenue Clifton Heights, PA 19018
Details & Description
Price: $4,800,000
  • Property Type Industrial for Sale : Warehouse
  • Lot Size Acres 0.000
  • Building Sq Ft 103,941
  • Building Price per Sq Ft $46.18
  • Land Price per Sq Ft $46.18
  • CAP Rate % 7.90
Investment HighlightsPortfolio is 100% OccupiedMulti-tenancy with staggered leases and 2-3% BumpsLocated in an Opportunity ZoneNew roofNew HVAC systemNew bathroomsNew water mainUpgraded electrical / transformer less than 10 years oldWater wells on site that require certificationStrong rental income with long-term tenants
Additional Photos
Listing Agents
Joseph Batres
NAI Geis Realty Group
O: 215-253-5737
jbatres@geisrealty.com
Brian Geis
NAI Geis Realty Group
O: 610-975-4270
bgeis@geisrealty.com
Louis Tonon
NAI Geis Realty Group
O: 215-568-1590
ltonon@geisrealty.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

114 East Baltimore Avenue

Clifton Heights, PA 19018

Listing ID: 231163
$4,800,000
For Sale
  • Property Type Industrial for Sale : Warehouse
  • Lot Size Acres 0.000
  • Building Sq Ft 103,941
  • Building Price per Sq Ft $46.18
  • Land Price per Sq Ft $46.18
  • CAP Rate % 7.90
  • 114 East Baltimore Avenue Clifton Heights, PA 19018 - main image
  • 114 East Baltimore Avenue Clifton Heights, PA 19018 - alt image 2
  • 114 East Baltimore Avenue Clifton Heights, PA 19018 - alt image 3
  • 114 East Baltimore Avenue Clifton Heights, PA 19018 - alt image 4
114 East Baltimore Avenue - main image
114 East Baltimore Avenue - alt image 2
114 East Baltimore Avenue - alt image 3
114 East Baltimore Avenue - alt image 4
Description

Investment Highlights

Portfolio is 100% Occupied

Multi-tenancy with staggered leases and 2-3% Bumps

Located in an Opportunity Zone

New roof

New HVAC system

New bathrooms

New water main

Upgraded electrical / transformer less than 10 years old

Water wells on site that require certification

Strong rental income with long-term tenants

Attachments & Files

Listing Demographics for 114 East Baltimore Avenue Clifton Heights, PA 19018

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population27,259228,388562,755
Population Median Age393838
Population by Age0-9 Yrs3429 (12%)28999 (12%)73321 (13%)
10-19 Yrs2932 (10%)28111 (12%)73142 (12%)
20-29 Yrs3503 (12%)33339 (14%)85365 (15%)
30-39 Yrs4371 (16%)32562 (14%)75904 (13%)
40-49 Yrs3473 (12%)28127 (12%)68322 (12%)
50-59 Yrs3990 (14%)32492 (14%)74468 (13%)
60-69 Yrs2933 (10%)24755 (10%)60497 (10%)
70+ Yrs2628 (9%)20003 (8%)51737 (9%)
Median HH Income$60,118$60,600$55,264
Total Household Income< 24K2046 (18%)15687 (18%)49776 (23%)
25-49K2704 (23%)19919 (23%)46903 (22%)
50-74K2191 (19%)15741 (18%)34689 (16%)
75-99K1585 (14%)11213 (13%)24267 (11%)
100-199K2564 (22%)19052 (22%)41778 (19%)
200K+224 (1%)4225 (4%)12221 (5%)
Highest Education LevelNo Diploma14661290935299
Diploma or GED695953611123377
Some College35242951272258
Assoc. Degree20291367427454
Bachelors Degree37343023869990
Higher Degree15861595648924
Total Housing Units12,21894,467235,803
--Owner-Occupied7,11955,143129,077
--Renter-Occupied4,19730,69480,559
Owner-Occupied Values< 100K8331127031224
100-199K49702494845244
200-299K9571152923279
300-399K234529316023
400-499K2411676325
500K+1029376983
Total Working Age Population22,063181,863443,959
In Work Force15,124125,463287,012
Not In Work Force6,93956,400156,947
Workforce Employed14,117117,789266,248
Workforce Unemployed1,0067,65520,719
Civlian Workforce15,124125,444286,967
Military Workforce01944
Total Households11,31685,837209,635
Family Households6,85055,602129,865
Non-Family Households4,46530,23579,771
Married Couple4,67634,98876,272
Other Family2,17420,61553,593
Married w/Child1,84214,79632,127
Single Male w/Child1752,0764,637
Single Female w/Child1,1598,44421,276

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Jersey8,414,350+48,791,894+49,132,700+49,530,900
Gloucester County254,673+13288,288+1292,000+5305,800
Pennsylvania12,281,054+312,702,379+413,230,170+413,759,594
Chester County433,501+15498,886+7533,837+7573,576
Delaware County550,864+1558,979+5588,436+6622,307
Montgomery County750,097+7799,874+5838,883+6891,868
Philadelphia County1,517,550+11,526,006+81,653,729+61,753,054

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Listing Agent
Joseph Batres - CRE Agent at NAI Geis Realty Group

Joseph Batres

NAI Geis Realty Group
Listing Co-Agent
Listing Co-Agent
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