Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1031 York Rd Willow Grove, PA 19090-1340
    Back to Search
    Property profile & analytics

    1031 York Rd, Willow Grove, PA 19090-1340

    View on Map
    • Investment properties
    • 6,888 SF
    • 0.52 lot acres
    Off-Market
    Last Sale Mar 16, 2021
    $550,000
    Property ID
    US73-0707028
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Seydel Construction Group LLC / Construction Company
    • Mccormick Family Chiropractic: De Pasque Rosemary DC / Alternative Medicine Practice

    Property Details for 1031 York Rd

    Year built
    1972
    Lot size
    0.52 lot acres
    Zone code
    M
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    59-00-19960-00-6
    APU
    590019960006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 16, 2021 $550,000 1031 N York Road LLC Scot Mccormick Deed $413k · Trumark Financial Cu
    Dec 22, 2006 $447,175 Scot Mccormick Owner,record Grant Deed · related —
    — — Scot Mccormick — Deed Of Trust · related $335k · Greenpoint Mortgage Funding
    — — Dean L Depice — Deed Of Trust · related $228k · Mellon Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $600,000
      ML approach
      $585,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $621,000
      Market price range: $457k - $828k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $840,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $955,000
      Change: +14% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $900,000
      Change: +7% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Willow Grove
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1121
    Latitude
    40.1564
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,101
    $186,960
    $130,760
    $317,720
    -
    $186,960
    $130,760
    $317,720

    Comparable in this City

    • Value Estimation
      $505,000
      3,850 SF

      2566 Wyandotte Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      2566 Wyandotte Rd, Willow Grove, PA 19090-1210
      View Details
    • Value Estimation by Request
      1,826 SF

      2720 Terwood Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      2720 Terwood Rd, Willow Grove, PA 19090-1428
      View Details
    • Value Estimation by Request
      1,740 SF

      55 York Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      55 York Rd, Willow Grove, PA 19090-3416
      View Details
    • Value Estimation
      $550,000
      3,726 SF

      702 Easton Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      702 Easton Rd, Willow Grove, PA 19090-2029
      View Details
    • Value Estimation by Request
      3,982 SF

      2417 Blair Ml Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      2417 Blair Ml Rd, Willow Grove, PA 19090-1703
      View Details
    • Value Estimation
      $1,815,000
      18,128 SF

      3 Davisville Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      3 Davisville Rd, Willow Grove, PA 19090
      View Details

    Similar Nearby for Sale

    • $460,000
      3,300 SF

      Mixed-Use Investment Opportunity, Willow Grove

      High-income mixed-use property in a busy commercial corridor.
      86 N York Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing
      2,652 SF

      Mixed-Use Building with Retail Space

      Two-story building featuring retail and apartments.
      412 Easton Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing

      Freestanding Retail Building For Sale

      22,500 SF retail building with ample parking.
      300 York Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing
      7,694 SF

      Office Building on Easton Road

      Single-story office building with a lower level, totaling 7,694 square feet.
      410 Easton Rd, Willow Grove, PA 19090
      View Details
    • $36,000
      0.06 Acres

      Land For Sale Willow Grove

      Commercial land available in Willow Grove, Pennsylvania.
      1675 Franklin Ave, Willow Grove, PA 19090
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      23,087 SF

      Willow Grove Commercial Land for Lease

      ±0.53 Acres, Single Tenant Opportunity
      2818 Easton Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing
      2,926 SF

      Retail Space in Willow Grove

      Retail space available at a busy intersection in Willow Grove.
      10 Park Ave, Willow Grove, PA 19090
      View Details
    • Contact for pricing
      2,520 SF

      Willow Grove Commercial Building For Lease

      2,520 SF commercially zoned building on Easton Rd, Willow Grove.
      1732 Easton Rd, Willow Grove, PA 19090
      View Details
    • $5,500 /Mo
      5,031 SF

      Prime Willow Grove Retail/Flex Space

      Exceptional visibility in downtown Willow Grove near luxury development.
      125 N York Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing

      Retail Space in Regency Square

      3,671 SF retail space in a busy shopping center.
      1025 Easton Rd, Willow Grove, PA 19090
      View Details
    • Contact for pricing

      Office Building with Private Offices

      Office building featuring open space and private offices for rent.
      42 N York Rd, Willow Grove, PA 19090
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1031 York Rd
    Willow Grove, PA 19090-1340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1031 York Rd, Willow Grove, PA, 19090
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!