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Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Office buildings
1603 Old York Rd Abington, PA 19001-1808
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-1487880
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
16,529 SF
Lot
0.79 ac (34,499 SF)
Zoning code
AO
APN
30-00-49932-00-6
UPID
US73-1487880
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
-
DJS Associates Engineering Consultant Mechanical Engineer
-
Theorem 3D Film Production Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$2.56M
Owner & transaction history
Kjr Group LLC · 13 yrs held
Kjr Group LLC
since 2013
5 recorded transactions
Zoning & alternative use
AO · 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
OFFICE BUILDING
$2,705,000
Current use
MEDICAL BUILDING
$2,605,000
Change: -4% · Conversion: Easy
RESTAURANT
$2,320,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,295,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$2.56M
Range $2.30M – $2.81M · ±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
$155 / 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
$54,903
Tax year 2023
Assessed value
$1,185,560
Assessed 2024
Previous assessed
$931,950
+27.2% YoY
Effective rate
4.63%
On assessed value
Total market value
$1,185,560
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
2013
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Rooms
10
Bathrooms
1
Total area
16,529 SF
Lot
0.79 ac (34,499 SF)
Zoning code
AO
APN
30-00-49932-00-6
UPID
US73-1487880
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
AO · Abington, PA
Zoning AO · permitted uses
AO · 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
OFFICE BUILDING Current
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
OFFICE BUILDING Current
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
2013
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
10
Bathrooms
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Kjr Group LLC
Entity
Mailing address
1603 OLD YORK RD, ABINGTON, PA 19001-1808
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
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
Jul 3, 2025
—
Kjr Group LLC
—
Deed
related
$2,000,000 · Pnc Bank NA
Mar 11, 2022
—
Kjr Group LLC
—
Deed
related
$400,000 · Fulton Bank NA
Feb 12, 2013
—
Kjr Group LLC
Kjr Group LLC
Quit Claim Deed
—
Nov 17, 2011
$257,000
Kjr Group LLC
Schorr,david J & Beverly H
Grant Deed
—
Nov 17, 2011
—
Kjr Group LLC
—
Deed Of Trust
related
$2,400,000 · Fulton Bank
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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