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Property profile & analytics
OFF-MARKET Estimated value $41,005,000
Strip malls

1631 The Fairway Jenkintown, PA 19046-1425

130,115 SF 10.44 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-1740528
Property summary
AI-generated overview

Baederwood Shoppes on the Fairway presents a unique opportunity for a discerning tenant seeking retail space in the thriving Jenkintown, Pennsylvania market. Located at 1631 The Fairway, this property boasts a total of 116,771 square feet of commercial space within a vibrant retail center. Currently, there is 3,075 square feet of immediately available space, perfect for a variety of businesses. The property is situated in Montgomery County, PA, zip code 19046, offering excellent accessibility and visibility. The center is strategically positioned to serve the local community, catering to a diverse range of needs, including retail, food and beverage, and fitness options. This makes it an ideal location for businesses seeking a strong local customer base. The property's multiple tenancy structure provides a dynamic and thriving environment, fostering a sense of community and attracting a steady stream of customers. The available space offers significant potential for growth and success within a well-established and successful retail center. This is an exceptional opportunity to establish or expand your business in a prime location. Contact us today to learn more about this exceptional retail space.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Total area 130,115 SF
Lot 10.44 ac (454,766 SF)
Zoning code PB
APN 30-00-66636-00-6
UPID US73-1740528
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
$28.33M
Blend (final) Blend
$41.01M
Owner & transaction history
Baederwood Fairway LLC · 6 yrs held
Baederwood Fairway LLC
since 2020
Last sale
$43.3M
7 recorded transactions
2020
$43.3M
2013
$42.5M
2011
Price N/A
2009
Price N/A
2009
Price N/A
2009
Price N/A
2008
Price N/A
Zoning & alternative use
PB · Jenkintown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $38.5M +126.8%
Retail stores $35.0M +106.6%
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