1514 Old York RdAbington, PA 19001

Property Details for 1514 Old York Rd

Year built

1912

Lot size

0.27 AC

Property size (Sq ft)

4,239 SF

Zone code

F2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

30-00-49464-00-6

APU

300049464006

Description

This 1,800 square foot medical office building is located on Old York Road in Abington Township, a high-traffic area averaging 30,000 vehicles per day. The single-tenant property sits on a 0.27-acre lot (part of a larger 11,757 acre parcel) and includes 10 parking spaces, with two overflow spots optionally available. Currently undergoing renovations to ensure full ADA accessibility, the building boasts a well-designed layout. The first floor features three private offices, a conference room, a workroom, a fully equipped kitchen, a modern bathroom, and dedicated secretarial space. High visibility is ensured by prominent pylon signage. Its location directly across from the Abington Shopping Center provides excellent access to a large customer base. The property is ideal for medical professionals seeking a well-appointed, easily accessible, and highly visible location in a thriving commercial area. The minimum divisible space is 1,800 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $700,833

  6.5%

  $646,923

  7%

  $600,714

• Comparable approach

  Method

  Valuation

  Relative Method

  $553,868

  Geo Method

  $553,868

• Alternative Use

  Use

  Valuation

  Residential

  $802,185

  Hospitality

  $734,797

  Educational

  $611,342

  Medical

  $632,367

  Retail

  $950,977

Location Insight

City

Abington

County

Montgomery

State

Pennsylvania

Latitude

40.1264

Longitude

-75.1176

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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