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Property profile & analytics
OFF-MARKET
Commercial real estate

616 Meetinghouse Rd Jenkintown, PA 19046

1.31 ac lot Built 1920
Individually Owned 5-yr Hold
Property ID
US73-2665628
Property summary
AI-generated overview

This exceptional 1.3-acre commercial property in Jenkintown, PA, presents a unique investment opportunity. Currently operating as a thriving Montessori school and summer camp for over 50 years, the property boasts over 5,000 square feet of existing building space, perfectly adaptable to a variety of business ventures. The property's features include an attractive in-ground pool, safely enclosed within a fence, providing recreational potential or a unique amenity. A tranquil walking trail encircles the property, adding to its appeal and offering a peaceful outdoor space. The convenient location, with easy access to Route 611, ensures high visibility and excellent accessibility for clients and employees. This property is ideally suited for continued operation as an educational facility, or it offers significant potential for redevelopment into a diverse range of commercial uses. The substantial building size, combined with the ample land and desirable location, makes this a truly exceptional investment opportunity with significant upside potential. The property's history of successful operation as a well-established educational institution speaks to its inherent value and suitability for a variety of commercial purposes. This is a rare chance to acquire a substantial property in a prime Jenkintown location.

Property profile
Verified
Property type Commercial real estate
Year built 1920
Lot 1.31 ac (57,064 SF)
UPID US73-2665628
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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by Request
Owner & transaction history
Ronald P Boodman · 5 yrs held
Ronald P Boodman
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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