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Property profile & analytics
OFF-MARKET
Estimated value
$1,755,000
Office buildings
1021 Old York Rd Abington, PA 19001-4626
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-5652963
Property summary
AI-generated overview
This Class A medical office building, located at 1021 Old York Road in Abington, Pennsylvania, offers 17,908 square feet of space, with 8,000 square feet currently available for lease. The building sits on a 0.73-acre lot and is zoned MS-H (Main Street High Intensity/Density) within Abington Township. The available space is divided between the 3rd and 4th floors, each offering 4,000 square feet of fully built-out office space featuring premier finishes. The property boasts a convenient location directly on Old York Road, a highly trafficked thoroughfare, and is approximately 14 miles from downtown Philadelphia. Additional benefits include pylon signage opportunities on Old York Road, a building security system, and proximity to public transportation (SEPTA train station and bus stop). The area offers numerous amenities, and the building is located near Abington Hospital and Penn State Abington. The estimated 2020 property taxes were $32,920. This property is ideal for medical or professional office use.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
17,908 SF
Lot
0.72 ac (31,200 SF)
Zoning code
F1
APN
30-00-49708-00-5
UPID
US73-5652963
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
Current use
Occupant on record · Public records
-
Limberakis Family Dentistry Dental Office
-
Roberto Ortiz-Aguayo Physician
-
Sudha Jairaj Physician
-
Guardian Forensic Sciences Medical Laboratory
-
Complete Mind Care Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$1.76M
Owner & transaction history
Bbh 1 LLC · 18 yrs held
Bbh 1 LLC
since 2008
5 recorded transactions
Zoning & alternative use
F1 · Abington, 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 Abington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Abington 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
$2,825,000
Change: -4% · Conversion: Easy
RESTAURANT
$2,515,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,490,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$1.76M
Range $1.58M – $1.93M · ±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
$98 / 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
$37,671
Tax year 2023
Assessed value
$813,450
Assessed 2024
Previous assessed
$813,450
+0.0% YoY
Effective rate
4.63%
On assessed value
Total market value
$813,450
Applied tax rate
30.0000
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
Off-Market
Year built
2007
Heating
NONE
Cooling
NONE
Stories
2
Rooms
8
Bathrooms
2
Total area
17,908 SF
Lot
0.72 ac (31,200 SF)
Zoning code
F1
APN
30-00-49708-00-5
UPID
US73-5652963
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
F1 · Abington, PA
Zoning F1 · permitted uses
F1 · Abington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Abington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.8M
RESTAURANT
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
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
2007
Heating
NONE
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
2
Lot
0.72 ac
Current owner
From public records · entity-resolved
Bbh 1 LLC
Entity
Mailing address
625 CRK LN, FLOURTOWN, PA 19031-1114
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2013
—
Bbh I LLC
—
Deed Of Trust
related
$2,550,000 · First Savings Bank Perkasie
May 23, 2008
—
Bbh 1 LLC
Beneficial Mut Savs Bk
Grant Deed
related
—
Jan 9, 2004
$200,000
Bbh I LLC
Schiffman,minna
Grant Deed
—
—
—
Bbh-1 LLC
—
Deed Of Trust
related
$2,500,000 · Quaint Oak Bk
—
—
Bbh-1 Ll
—
Deed Of Trust
related
$2,500,000 · Quaint Oak Bk
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.
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