1626 Old York RdAbington, PA 19001

  • Mixed-use properties
  • 2,014 SF
For Lease

Property Details for 1626 Old York Rd

Year built
1955
Lot size
0.16 AC
Property size (Sq ft)
2,014 SF
Zone code
F1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
30-00-49512-00-3
APU
300049512003

Description

This exceptional single-tenant retail property, located at 1626 Old York Road in Abington, Pennsylvania, 19001, offers 2,014 square feet of versatile space. The property is a single-story building, ideal for a variety of retail businesses. Its convenient location in Abington provides excellent visibility and accessibility for customers. The property is currently available as a sublease, presenting a unique opportunity for a business seeking immediate occupancy. The building's layout is designed for efficient use of space, maximizing functionality for retail operations. The address is easily accessible from major roadways, ensuring convenient access for both customers and employees. This property represents a strong investment opportunity for a business looking to establish or expand its presence in the thriving Abington market. The single-tenant occupancy simplifies management and provides a focused environment for the tenant. Further details regarding lease terms and conditions are available upon request. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property's geographic coordinates are 40.1302722 latitude and -75.1168159 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $332,974
    6.5%
    $307,361
    7%
    $285,407
  • Comparable approach

    Method
    Valuation
    Relative Method
    $263,149
    Geo Method
    $263,149
  • Alternative Use

    Use
    Valuation
    Residential
    $381,128
    Hospitality
    $349,111
    Educational
    $290,456
    Medical
    $300,445
    Retail
    $451,821
1626 Old York Rd, Abington, Pennsylvania

Location Insight

City
Abington
County
Montgomery
State
Pennsylvania
Latitude
40.1303
Longitude
-75.1168
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,568
$113,030
$115,160
$228,190
-
$113,030
$115,160
$228,190

FAQs

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