1 Allison RdOreland, PA 19075

Property Details for 1 Allison Rd

Year built

1950

Lot size

1.55 AC

Property size (Sq ft)

19,386 SF

Zone code

S

Property type

Retail properties

Property subtype

Strip malls

APN

52-00-00220-00-7

APU

520000220007

Description

This exceptional retail center, built in the 1950s, offers 19,386 square feet of leasable space situated on a 1.55-acre lot in the desirable Oreland, PA community. The property boasts a strong tenant roster of both local and regional businesses, ensuring consistent revenue streams. Its strategic location at the intersection of Bruce and Allison Roads provides unparalleled visibility and accessibility. A significant advantage is its proximity to SEPTA's Oreland Station, offering convenient public transportation access for both employees and customers. Oreland itself is a prosperous Philadelphia suburb within Montgomery County, characterized by high household incomes

• CAP approach

  CAP return

  Valuation

  6%

  $4,711,474

  6.5%

  $4,349,054

  7%

  $4,038,407

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,383,096

  Geo Method

  $6,383,096

• Alternative Use

  Use

  Valuation

  Residential

  $3,668,590

  Hospitality

  $3,360,408

  Educational

  $2,795,820

  Medical

  $2,891,973

  Retail

  $4,349,054

Location Insight

City

Oreland

County

Montgomery

State

Pennsylvania

Latitude

40.1168

Longitude

-75.1833

CBSA code

37980

CBSA name

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

Property Tax & Assessments

FAQs

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