147 Greenwood AveWyncote, PA 19095

  • Office buildings
  • 15,791 SF

Property Details for 147 Greenwood Ave

Year built
1900
Lot size
0.64 AC
Property size (Sq ft)
15,791 SF
Zone code
R5
Property type
Office buildings
APN
31-00-12475-00-4
APU
310012475004

Description

This exceptional commercial property located at 147 Greenwood Avenue in Wyncote, Pennsylvania, presents a unique investment opportunity. Situated on a sizable 0.64-acre lot, the property offers significant potential for redevelopment or continued use as an office building. The exact square footage is currently unavailable, requiring further due diligence. The property's address is highly desirable within the Wyncote community, offering easy access to major transportation routes and a variety of local amenities. The asking price is currently being determined and will be available upon request. This presents a rare chance to acquire a substantial piece of commercial real estate in a thriving Pennsylvania location. Interested parties are encouraged to conduct their own independent investigation to verify all property details and to assess the suitability of the property for their specific needs. The property is being offered as-is, and potential buyers should be prepared to undertake any necessary inspections and due diligence. Further information regarding zoning regulations, permitted uses, and potential development opportunities can be obtained through the appropriate municipal authorities. This is a remarkable opportunity for investors seeking a foothold in the vibrant Wyncote market. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,610,724
    6.5%
    $2,409,899
    7%
    $2,237,764
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,063,252
    Geo Method
    $2,063,252
  • Alternative Use

    Use
    Valuation
    Residential
    $2,988,275
    Hospitality
    $2,737,244
    Educational
    $2,277,354
    Medical
    $2,355,676
    Retail
    $3,542,552

Location Insight

City
Wyncote
County
Montgomery
State
Pennsylvania
Latitude
40.0919
Longitude
-75.1408
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
$28,715
-
-
$429,930
-
-
-
$429,930

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
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How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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