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    OFF-MARKET
    Parking lots & garages

    1640 Old York Rd, Abington, PA 19001

    0.16 ac lot
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US73-0099270
    Property summary
    AI-generated overview

    This exceptional 5,700 square foot single-tenant building, located at 1640 Old York Road in Abington, Pennsylvania (zip code 19001), presents a unique opportunity for a medical office or commercial enterprise. The property boasts a versatile floor plan, ideal for a variety of uses, and is entirely vacant, allowing for complete customization to suit your specific needs. Situated on a half-acre lot, the building offers ample space and potential for expansion or outdoor amenities. The property is classified as both retail and office space, providing flexibility for businesses seeking a blend of commercial and medical functionalities. Its convenient location in Abington, Pennsylvania offers easy access to major transportation routes, ensuring excellent visibility and accessibility for clients and employees. The building's single-tenant occupancy eliminates the complexities of multi-tenant management, providing a streamlined and efficient operational environment. This is a rare opportunity to secure a substantial, well-located property in a thriving area. The property is currently available for lease and offers a blank canvas for a discerning business to establish its presence. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property's address is 1640 Old York Road, Abington, PA 19001. The latitude and longitude coordinates are 40.13068, -75.116657 respectively.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING LOT
    Lot 0.16 ac (7,175 SF)
    Zoning code F1
    APN 30-00-49524-00-9
    UPID US73-0099270
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    1640-46 Oyr LLC · 8 yrs held
    1640-46 Oyr LLC
    since 2018
    4 recorded transactions
    2018
    $60,000
    2004
    $83,000
    1998
    $56,000
    1998
    Zoning & alternative use
    F1 · Abington, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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