1132 Old York RdAbington, PA 19001

Property Details for 1132 Old York Rd

Year built

1900

Lot size

0.08 AC

Property size (Sq ft)

4,969 SF

Zone code

TC

Property type

Office properties

APN

30-00-49376-01-3

APU

300049376013

Description

This exceptional free-standing office building, located at 1132 Old York Road in Abington, Pennsylvania, presents a unique investment opportunity. The three-story structure, a blend of stone and frame construction, offers 4,969 square feet of versatile space, ideal for a variety of professional uses. The building boasts excellent visibility along Old York Road, a major thoroughfare with an average daily traffic count exceeding 28,000 vehicles. This high traffic volume ensures significant exposure for any business occupying the space. Its convenient location, approximately two blocks south of Jefferson Abington Hospital, further enhances its appeal and accessibility. The property includes the benefit of exterior signage opportunities, allowing for prominent branding and easy identification. Ample on-site dedicated parking is also provided, ensuring convenience for both staff and clients. The building is identified as Unit #1 and holds a 31.75% interest in the Abington Courtyard Condominium. This well-maintained property is priced at $875,000 and represents a strong investment in a desirable location with high visibility and convenient access. The building's size and features make it suitable for a range of professional businesses seeking a prominent presence in a busy commercial area. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $821,524

  6.5%

  $758,330

  7%

  $704,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $649,250

  Geo Method

  $649,250

• Alternative Use

  Use

  Valuation

  Residential

  $940,329

  Hospitality

  $861,336

  Educational

  $716,622

  Medical

  $741,268

  Retail

  $1,114,745

Location Insight

City

Abington

County

Montgomery

State

Pennsylvania

Latitude

40.1157

Longitude

-75.1215

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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