diff --git a/base/loading.jl b/base/loading.jl
index db6a681bb2a5b..d83c899eda807 100644
--- a/base/loading.jl
+++ b/base/loading.jl
@@ -3298,14 +3298,22 @@ mutable struct CacheHeaderIncludes
     const modpath::Vector{String}   # seemingly not needed in Base, but used by Revise
 end
 
-function replace_depot_path(path::AbstractString, depots::Vector{String}=normalize_depots_for_relocation())
+function replace_depot_path_impl(path::AbstractString, depots::Vector{String}=normalize_depots_for_relocation())
+    the_depot = nothing
+    reloc_path = path
     for depot in depots
         if startswith(path, string(depot, Filesystem.pathsep())) || path == depot
-            path = replace(path, depot => "@depot"; count=1)
+            reloc_path = replace(path, depot => "@depot"; count=1)
+            the_depot = depot
             break
         end
     end
-    return path
+    return the_depot, reloc_path
+end
+
+function replace_depot_path(path::AbstractString, depots::Vector{String}=normalize_depots_for_relocation())
+    _, reloc_path = replace_depot_path_impl(path, depots)
+    return reloc_path
 end
 
 function normalize_depots_for_relocation()
@@ -3333,6 +3341,65 @@ function resolve_depot(inc::AbstractString)
     return :no_depot_found
 end
 
+"""
+    Base.RelocPath(path::AbstractString)
+
+A type to represent a relocatable path.
+
+Requires `path` to be located within one of `DEPOT_PATH` upon construction.
+
+An error is thrown if relocation fails.
+
+# Example
+```jldoctest
+julia> path1 = joinpath(mktempdir(), "foo"); touch(path1); # set up a file called foo
+
+julia> pushfirst!(DEPOT_PATH, dirname(path1));
+
+julia> relocpath = Base.RelocPath(path1);
+
+julia> String(relocpath) == path1
+true
+
+julia> path2 = joinpath(mktempdir(), "foo"); touch(path2); # set up another foo
+
+julia> pushfirst!(DEPOT_PATH, dirname(path2));
+
+julia> String(relocpath) == path2
+true
+
+julia> path1 != path2
+true
+```
+"""
+struct RelocPath
+    subpath::String
+    function RelocPath(path::AbstractString)
+        depot, _ = replace_depot_path_impl(path)
+        if isnothing(depot)
+            error("Failed to locate $(path) in any of DEPOT_PATH.")
+        end
+        subpath = replace(path, depot => ""; count=1)
+        return new(subpath)
+    end
+end
+
+function String(r::RelocPath)
+    for d in DEPOT_PATH
+        if isdirpath(d)
+            d = dirname(d)
+        end
+        path = string(d, r.subpath)
+        if ispath(path)
+            return path
+        end
+    end
+    error("Failed to relocate @depot$(r.subpath) in any of DEPOT_PATH.")
+end
+
+function show(io::IO, r::RelocPath)
+    print(io, string("RelocPath(\"@depot", r.subpath, "\")"))
+end
 
 function _parse_cache_header(f::IO, cachefile::AbstractString)
     flags = read(f, UInt8)
diff --git a/base/public.jl b/base/public.jl
index 1a23550485d84..e90c73353b394 100644
--- a/base/public.jl
+++ b/base/public.jl
@@ -45,6 +45,7 @@ public
     DL_LOAD_PATH,
     load_path,
     active_project,
+    RelocPath,
 
 # Reflection and introspection
     isambiguous,
diff --git a/test/RelocationTestPkg1/src/RelocationTestPkg1.jl b/test/RelocationTestPkg1/src/RelocationTestPkg1.jl
index a86543a61b3f8..4556b21b6d7a2 100644
--- a/test/RelocationTestPkg1/src/RelocationTestPkg1.jl
+++ b/test/RelocationTestPkg1/src/RelocationTestPkg1.jl
@@ -1,5 +1,7 @@
 module RelocationTestPkg1
 
+const relocpath = Base.RelocPath(@__DIR__)
+
 greet() = print("Hello World!")
 
 end # module RelocationTestPkg1
diff --git a/test/relocatedepot.jl b/test/relocatedepot.jl
index 2ef6dec90dbc1..6bc02bad51d18 100644
--- a/test/relocatedepot.jl
+++ b/test/relocatedepot.jl
@@ -20,7 +20,7 @@ function test_harness(@nospecialize(fn); empty_load_path=true, empty_depot_path=
 end
 
 # We test relocation with these dummy pkgs:
-# - RelocationTestPkg1 - pkg with no include_dependency
+# - RelocationTestPkg1 - pkg with no include_dependency, also contains a RelocPath()
 # - RelocationTestPkg2 - pkg with include_dependency tracked by `mtime`
 # - RelocationTestPkg3 - pkg with include_dependency tracked by content
 # - RelocationTestPkg4 - pkg with no dependencies; will be compiled such that the pkgimage is
@@ -263,11 +263,18 @@ else
         pkgname = "RelocationTestPkg1"
         test_harness() do
             push!(LOAD_PATH, joinpath(@__DIR__, "relocatedepot"))
-            push!(DEPOT_PATH, joinpath(@__DIR__, "relocatedepot")) # required to find src files
             push!(DEPOT_PATH, joinpath(@__DIR__, "relocatedepot", "julia")) # contains cache file
+            push!(DEPOT_PATH, joinpath(@__DIR__, "relocatedepot")) # required to find src files
             pkg = Base.identify_package(pkgname)
             @test Base.isprecompiled(pkg) == true
             @test Base.isrelocatable(pkg) == true
+            pkg = Base.require(pkg)
+            @test String(pkg.relocpath) == joinpath(pkgdir(pkg), "src")
+            pop!(DEPOT_PATH)
+            @test_throws(
+                ErrorException("Failed to relocate @depot/RelocationTestPkg1/src in any of DEPOT_PATH."),
+                String(pkg.relocpath)
+            )
         end
     end