1132 Old York RdAbington, PA 19001

  • Office properties
  • 4,969 SF
For Sale
$875,000 View listing

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
Property subtype
Other 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1132 Old York Rd, Abington, Pennsylvania

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

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
$9,617
-
-
$207,670
-
-
-
$207,670

FAQs

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