Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Jenkintown Office Suite For Lease Title is generated by Realmo AI

    123 OLD YORK Road, Jenkintown, PA 19046

    View on Map
    Claim this Listing
    For Lease
    $1,350/Mo $20 SF/Yr (calc)

    CommercialLease - JENKINTOWN, PA

    Type:Office
    Property size:
    800 SF
    Lot size:
    0.62 Acres
    Added:
    Apr 16, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 3 at 1:06 pm

    Property Features for 123 OLD YORK Road

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    20
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    800 SF
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Building materials
    Concrete

    We can help!

    Listing Contact
    Joseph A Canale Jr.

    Listing agent Joseph A Canale Jr. License #RS352705

    Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA

    Listing date Apr 16, 2026

    MLS# PAMC2174584

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the heart of Jenkintown, offering convenience and credibility.
    • Approximately 800 sq/ft office suite suitable for professional use.
    • All utilities included in the rent.
    • Excellent visibility and accessibility, located just off Old York Road.
    • Easy access via stairs or elevator.
    • Close proximity to Abington Township and neighboring business hubs.

    Overview

    This second-floor office suite is located in the heart of Jenkintown and is suitable for professionals. The unit offers approximately 800 square feet and includes all utilities. The building is a low-rise commercial property accessed by stairs or an elevator. Situated just off Old York Road, a main corridor in the area, the property offers visibility and accessibility. The surrounding area features a mix of professional offices, retail spaces, and local amenities, with proximity to Abington Township and neighboring business hubs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jenkintown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.12713
    Latitude
    40.08774

    Nearby Similar for Lease

    • $2,950/Mo
      1,200 SF

      Prime Jenkintown Commercial Space

      1200 sq ft commercial space in a bustling location.
      423 YORK Road, JENKINTOWN, PA 19046
      View Details
    • $12,500/Mo
      5,400 SF

      Versatile Commercial Building in Jenkintown

      Adaptable commercial space suitable for retail, office, or redevelopment.
      608 HUNTINGDON Pike, JENKINTOWN, PA 19046
      View Details
    • Sponsored
      $129-$3,576/Mo
      11-1,292 SF

      Jenkins Court

      610 Old York Rd, Unit 400, Jenkintown, PA 19046
      View Details
    • $1,875/Mo
      1,368 SF

      Updated Mixed-Use Space in Jenkintown

      Updated 1,368 SF mixed-use space suitable for medical, retail, or office.
      439 Baeder Rd, JENKINTOWN, PA, 19046-2253
      View Details
    • $28 SF/Yr

      Health-Conscious Office, Medical & Retail

      Class A office, medical, and retail space with flexible lease terms.
      610 Old York Road, Jenkintown, PA 19046
      View Details
    • $500/Mo

      Newly Redone Jenkintown Office Space

      A+ office space with shared amenities in Jenkintown, PA.
      145 ROCKLEDGE Avenue, JENKINTOWN, PA 19046
      View Details
    • $28 SF/Yr
      275,375 SF

      Health-Conscious Office, Medical & Retail

      Class A office, medical, and retail space with flexible lease.
      610 Old York Road, Jenkintown, PA 19046
      View Details
    • Contact for pricing
      5,596 SF

      Premier Office Park in Jenkintown

      Class A office buildings with amenities near Jenkintown Train.
      165 Township Line Rd, Jenkintown, PA 19046
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space in Jenkintown Center

      Retail space available in a Whole Foods anchored shopping center.
      1637-1661 The Fairway, Jenkintown, PA
      View Details
    • $500/Mo
      200 SF

      Newly Redone Office Space

      A+ office space with common areas and parking included.
      145 ROCKLEDGE AVENUE, JENKINTOWN, PA 19046
      View Details
    • $1,700/Mo
      723 SF

      Beaver Hill Condo Rental

      Spacious 1 bed, 1 bath condo near Jenkintown Train Station.
      100 WEST AVE #414W, JENKINTOWN, PA 19046
      View Details
    • Contact for pricing
      2,413 SF

      Jenkintown Office Building For Rent

      Three-story office building with recent renovations and ample parking.
      101 West Ave, Jenkintown, PA
      View Details

    FAQs

    What type of property is this?
    Office units - Well-located Jenkintown office suite, ideal for professionals.
    Where is this office units located?
    The property is located at 123 OLD YORK Road Jenkintown, PA.
    What is the lease rate?
    The lease rate is $1,350 /Mo.
    What are key features of this property?
    This property features: Prime location in the heart of Jenkintown, offering convenience and credibility.; Approximately 800 sq/ft office suite suitable for professional use.; All utilities included in the rent.
    (267) 246-9803
    We can help!
    Listing Contact
    Joseph A Canale Jr.
    Real Estate License ID: RS352705
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    123 OLD YORK Road, JENKINTOWN, PA 19046
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!