261 Old York RdJenkintown, PA 19046

Property Details for 261 Old York Rd

Year built

1968

Lot size

7.28 AC

Property size (Sq ft)

712,403 SF

Zone code

PB

Property type

Office properties

Property subtype

Other office properties

APN

30-00-49664-00-4

APU

300049664004

Description

The Pavilion, located at 261 Old York Road in Jenkintown, Pennsylvania, presents a unique investment opportunity. This meticulously maintained, ten-story mixed-use building offers a diverse range of customizable spaces, ideal for a variety of businesses. Available spaces range from 500 to 90,000 square feet, catering to both small startups and large corporations. The building is perfectly situated in the heart of Jenkintown, providing excellent accessibility and visibility. For larger tenants, entire floors of 30,000 square feet are available for lease. The property sits on a substantial 7.28-acre lot, offering ample parking and potential for future expansion. Adding to its convenience, a complimentary shuttle service is provided to and from the SEPTA Jenkintown-Wyncote Regional Rail Train Station, ensuring easy commutes for employees and clients. On-site management ensures efficient building operations and tenant satisfaction. This is a rare opportunity to secure prime office space in a thriving Jenkintown location with exceptional amenities and convenient transportation links. The building's mixed-use nature also provides opportunities for synergistic partnerships and a vibrant work environment. Inquire today to explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $117,781,496

  6.5%

  $108,721,384

  7%

  $100,955,568

• Comparable approach

  Method

  Valuation

  Relative Method

  $93,082,576

  Geo Method

  $93,082,576

• Alternative Use

  Use

  Valuation

  Residential

  $134,814,512

  Hospitality

  $123,489,368

  Educational

  $102,741,704

  Medical

  $106,275,152

  Retail

  $159,820,432

Location Insight

City

Jenkintown

County

Montgomery

State

Pennsylvania

Latitude

40.0902

Longitude

-75.1247

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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