8302 Old York RdElkins Park, PA 19027

Property Details for 8302 Old York Rd

Year built

1973

Lot size

0.30 AC

Property size (Sq ft)

13,000 SF

Zone code

M3

Property type

Office properties

Property subtype

Other office properties

APN

31-00-30106-06-7

APU

310030106067

Description

This exceptional 11,182 square foot executive office suite is ideally situated on the first floor of the Briar House condominium building at 8302 Old York Road in Elkins Park, Pennsylvania, 19027. The property offers ample space for a variety of business needs, making it perfect for companies seeking a prestigious and convenient location. Located in Montgomery County, this first-floor suite provides easy access and high visibility. The address is easily accessible from major roadways, ensuring convenient commutes for employees and clients alike. The building itself is part of the Briar House condominium complex, offering a well-maintained and professional environment. This substantial office space presents a unique opportunity for businesses seeking a prominent presence in Elkins Park. The property's size and location make it suitable for a range of businesses, from established corporations to growing enterprises. With its strategic location and generous square footage, this executive office suite offers an unparalleled opportunity to establish or expand your business in a thriving community. The property is ready for immediate occupancy, providing a seamless transition for businesses seeking a new home. Further details regarding lease terms and conditions are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $2,149,288

  6.5%

  $1,983,958

  7%

  $1,842,247

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,698,580

  Geo Method

  $1,698,580

• Alternative Use

  Use

  Valuation

  Residential

  $2,460,108

  Hospitality

  $2,253,446

  Educational

  $1,874,841

  Medical

  $1,939,319

  Retail

  $2,916,419

Location Insight

City

Elkins Park

County

Montgomery

State

Pennsylvania

Latitude

40.0838

Longitude

-75.1289

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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