Mixed-Use Property with
2427 SUSQUEHANNA ROAD, Abington, PA 19001
For Sale
$1,900,000
The property combines residential, office and garage space across several buildings, with extensive on-site parking.
Property Size13,829 SF
Lot Size1.60 Acres
Price / SF$137.39
Days on Market163
Property Features for 2427 SUSQUEHANNA ROAD
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Howard Hanna Real Estate Services
Listed By:
Maria N Meitner · License PA RS314370
(215) 901-1107
Source:
Wagnerrealestate
Added: Jun 1
Changed: Nov 9
Last Checked: Nov 9 at 8:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Real Estate Services
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Investment Insights
Based on property information with market context.
This mixed-use property spans 1.6 acres across three parcels and includes five buildings totaling approximately 13,829 square feet. The existing mix comprises a duplex, office areas and multiple garages, with 60-plus on-site parking spaces. The buildings date to 1958.
The property is near the Pennsylvania Turnpike and shopping, with public transportation within walking distance. The combination of residential, office and garage components is situated within Abington Township.
The property is near the Pennsylvania Turnpike and shopping, with public transportation within walking distance. The combination of residential, office and garage components is situated within Abington Township.
Key Highlights
- 1.6‑acre site comprising three parcels
- Five buildings totaling approximately 13,829 square feet
- Property includes a duplex, office areas and multiple garages
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,130
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,862,600
$2.9M
Cap Rate 7%
$2,044,714
$2.0M
Cap Rate 9%
$1,590,333
$1.6M
Market Conditions
NOI Build-Up for 13,829 SF
Gross rent
$248.9K $18.00/SF
− Vacancy
−$19.9K −$1.44/SF
EGI
$229.0K $16.56/SF
− OpEx
−$85.9K −$6.21/SF
NOI
$143.1K $10.35/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,862,600
Cap Rate 7%
$2,044,714
Cap Rate 9%
$1,590,333
Alternative Uses
Best Use
Apartment 5plus
$2.67M
$2.34M – $3.11M
NOI $186,834 @ 7.0% cap · market cap 9.83%
Second Best
Mixed Use
$2.04M
$1.79M – $2.39M
NOI $143,130 @ 7.0% cap · market cap 7.53%
Theoretical Best
Specialty Retail
$7.95M
$6.96M – $9.28M
NOI $556,821 @ 7.0% cap · market cap 29.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 19001, PA
17,215
Population
6,643
Households
2.6
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
3.2 sq mi
ZIP Area
5,380
Density / Sq Mi
$105,271
Median Household Income
$58,019
Median Earnings
$1,355
Median Rent
$343,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Montgomery County, PA
Properties on Market for Mixed-use properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines residential, office and garage space across several buildings, with extensive on-site parking.
Where is this mixed-use property located?
The property is located at 2427 SUSQUEHANNA ROAD Abington, PA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 1.6‑acre site comprising three parcels; Five buildings totaling approximately 13,829 square feet; Property includes a duplex, office areas and multiple garages
