8000 Old York RdElkins Park, PA 19027

  • Land
  • 2,320 SF
For Sale
$325,000 View listing

Property Details for 8000 Old York Rd

Year built
1950
Lot size
0.40 AC
Property size (Sq ft)
2,320 SF
Zone code
R4
Property type
Land
Property subtype
Commercial land
APN
31-00-30010-00-1
APU
310030010001

Description

This exceptional 0.4-acre commercial land parcel is available for sale at $325,000. Located at 8000 Old York Road in Elkins Park, Pennsylvania (zip code 19027), this property presents a unique development opportunity in a high-traffic area. Situated on the corner of a signalized intersection, the lot boasts excellent visibility and accessibility along heavily trafficked Old York Road (Route 611), which sees an average annual daily traffic count of 25,413 vehicles. Its prime location within a Northeast Philadelphia suburb makes it particularly attractive for various commercial ventures. The property's size and location make it ideally suited for a dental or medical office, though other commercial uses may be considered. This vacant lot offers significant potential for investors seeking a strategic foothold in a thriving commercial corridor. The property is conveniently located in Montgomery County, Pennsylvania. Serious inquiries are encouraged. All information is deemed reliable but not guaranteed.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $439,035
    Hospitality
    $402,153
    Educational
    $334,587
    Medical
    $346,094
    Retail
    $520,469
8000 Old York Rd, Elkins Park, Pennsylvania

Location Insight

City
Elkins Park
County
Montgomery
State
Pennsylvania
Latitude
40.0753
Longitude
-75.1293
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
$8,406
-
-
$125,860
-
-
-
$125,860

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