1021 Old York RdAbington, PA 19001
- Office properties
- 17,908 SF
Property Details for 1021 Old York Rd
- Year built
- 2007
- Lot size
- 0.72 AC
- Property size (Sq ft)
- 17,908 SF
- Zone code
- F1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 30-00-49708-00-5
- APU
- 300049708005
Description
This Class A medical office building, located at 1021 Old York Road in Abington, Pennsylvania, offers 17,908 square feet of space, with 8,000 square feet currently available for lease. The building sits on a 0.73-acre lot and is zoned MS-H (Main Street High Intensity/Density) within Abington Township. The available space is divided between the 3rd and 4th floors, each offering 4,000 square feet of fully built-out office space featuring premier finishes. The property boasts a convenient location directly on Old York Road, a highly trafficked thoroughfare, and is approximately 14 miles from downtown Philadelphia. Additional benefits include pylon signage opportunities on Old York Road, a building security system, and proximity to public transportation (SEPTA train station and bus stop). The area offers numerous amenities, and the building is located near Abington Hospital and Penn State Abington. The estimated 2020 property taxes were $32,920. This property is ideal for medical or professional office use.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,960,727
- 6.5%
- $2,732,979
- 7%
- $2,537,766
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,339,859
- Geo Method
- $2,339,859
-
Alternative Use
- Use
- Valuation
- Residential
- $3,388,894
- Hospitality
- $3,104,209
- Educational
- $2,582,665
- Medical
- $2,671,487
- Retail
- $4,017,479
Location Insight
- City
- Abington
- County
- Montgomery
- State
- Pennsylvania
- Latitude
- 40.1118
- Longitude
- -75.1229
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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