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    8000 Old York Rd Elkins Park, PA 19027

    For Sale
    $325,000

    0.4-acre lot, prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.4-acre commercial land parcel is available for sale at $325,000. Located at 8000 Old York Road in Elkins Park, Pennsylvania (zip code 19027), this property presents a unique development opportunity in a high-traffic area. Situated on the corner of a signalized intersection, the lot boasts excellent visibility and accessibility along heavily trafficked Old York Road (Route 611), which sees an average annual daily traffic count of 25,413 vehicles. Its prime location within a Northeast Philadelphia suburb makes it particularly attractive for various commercial ventures. The property's size and location make it ideally suited for a dental or medical office, though other commercial uses may be considered. This vacant lot offers significant potential for investors seeking a strategic foothold in a thriving commercial corridor. The property is conveniently located in Montgomery County, Pennsylvania. Serious inquiries are encouraged. All information is deemed reliable but not guaranteed.

    Property Features for 8000 Old York Rd

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • $325,000 Asking Price
    • 0.40‑acre development site on high‑traffic Old York Road (Route 611), 25,413 AADT
    • Signalized intersection corner lot
    • Prime Northeast Philadelphia suburban location
    • Ideal for medical or dental office
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    George E Thorne ... Charity The Tax Divas Accountant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elkins Park
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.129553564263
    Latitude
    40.075002437284

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    FAQs

    What type of property is this?
    Land - 0.4-acre lot, prime development opportunity.
    Where is this land located?
    The property is located at 8000 Old York Rd Elkins Park, PA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 Asking Price; 0.40-acre development site on high-traffic Old York Road (Route 611), 25,413 AADT; Signalized intersection corner lot
    (610) 234-6491
    Request Owner's contact information
    8000 Old York Rd Elkins Park, PA 19027
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    8000 Old York Rd
    Elkins Park, PA 19027
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    Realmo Value Estimation

    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.

    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.

    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
    8000 Old York Rd Elkins Park, PA 19027
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