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Property profile & analytics
FOR SALE
Office buildings
101 West Ave Jenkintown, PA 19046
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-0092748
For Sale
1 / 34
$2,000,000
101 West Ave, Jenkintown, PA 19046
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1989
Total area
96,049 SF
Lot
3.35 ac (145,926 SF)
Zoning code
D
APN
10-00-04840-00-1
UPID
US73-0092748
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.07M
Blend (final)
Blend
$9.26M
Owner & transaction history
West Ave Jenkintown Prop LLC · 8 yrs held
West Ave Jenkintown Prop LLC
since 2018
7 recorded transactions
Zoning & alternative use
D · Jenkintown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Jenkintown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jenkintown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$15,140,000
Change: -4% · Conversion: Easy
RESTAURANT
$13,480,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$13,350,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$9.26M
Range $8.33M – $10.19M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$185,185
Tax year 2023
Assessed value
$3,227,400
Assessed 2024
Previous assessed
$4,237,200
-23.8% YoY
Effective rate
5.74%
On assessed value
Total market value
$3,227,400
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1989
Heating
FORCED AIR
Cooling
CENTRAL
Total area
96,049 SF
Lot
3.35 ac (145,926 SF)
Zoning code
D
APN
10-00-04840-00-1
UPID
US73-0092748
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
D · Jenkintown, PA
Zoning D · permitted uses
D · Jenkintown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jenkintown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$15.1M
RESTAURANT
Est. value
$13.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.4M
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Lot
3.35 ac
Current owner
From public records · entity-resolved
West Ave Jenkintown Prop LLC
Entity
Mailing address
18331 PNES BLVD #319, PEMBROKE PINES, FL 33029-1421
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2020
—
West Ave Jenkintown Property L
—
Deed
related
$6,400,000 · Unify Fin'l Cu
May 30, 2018
$6,850,000
West Ave Jenkintown Prop LLC
Lbubs 2007-c7 101 W Ave LLC
Grant Deed
$6,350,000 · Ladder Cap Fin
Feb 1, 2018
$2,900
Lbubs 2007-c7 101 W Ave LLC
Sheriff Of Montgomery County|101 West Avenue Partn
Trustees Deed
related
—
Nov 20, 2013
$2,900
Lb-ubs 2007-c7 101 West Avenue
Sheriff Of Montgomery County
Trustees Deed
related
—
Feb 23, 2010
—
Amper Politziner
101 West Avenue Partners LP
Grant Deed
related
—
May 11, 2007
$17,425,000
101 West Avenue Partners
Aph Associates
Grant Deed
—
Jul 28, 1999
—
Aph Associates
—
Deed Of Trust
related
$10,400,000 · Pinnacle Capital Group LP
—
—
West Ave Jenkintown Property L
—
Deed Of Trust
related
$6,400,000 · Unify Fin'l Cu
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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