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Property profile & analytics
FOR LEASE
Office buildings
165 Township Line Rd Jenkintown, PA 19046
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-5480571
For Lease
$20,125,000
165 Township Line Rd, Jenkintown, PA 19046
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
130,064 SF
Lot
9 ac (392,040 SF)
Zoning code
M3
APN
31-00-26662-00-1
UPID
US73-5480571
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
$19.53M
Blend (final)
Blend
$20.13M
Owner & transaction history
165 Township Line Road Owner L · 8 yrs held
165 Township Line Road Owner L
since 2017
7 recorded transactions
Zoning & alternative use
M3 · Jenkintown, 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 Jenkintown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jenkintown 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
$21,280,000
Current use
MEDICAL BUILDING
$20,500,000
Change: -4% · Conversion: Easy
RESTAURANT
$18,255,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$18,080,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$20.13M
Range $18.11M – $22.14M · ±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
$472,589
Tax year 2023
Assessed value
$7,076,000
Assessed 2024
Previous assessed
$7,076,000
+0.0% YoY
Effective rate
6.68%
On assessed value
Total market value
$7,076,000
Applied tax rate
31.0000
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
For Lease
Year built
1984
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
130,064 SF
Lot
9 ac (392,040 SF)
Zoning code
M3
APN
31-00-26662-00-1
UPID
US73-5480571
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M3 · Jenkintown, PA
Zoning M3 · permitted uses
M3 · Jenkintown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jenkintown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$21.3M
MEDICAL BUILDING
Est. value
$20.5M
RESTAURANT
Est. value
$18.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.1M
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
1984
Heating
HEAT PUMP
Cooling
Yes
Lot
9 ac
Current owner
From public records · entity-resolved
165 Township Line Road Owner L
Individual
Mailing address
1345 AVE OF THE AMERICAS, NEW YORK, NY 10105-0302
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2026
—
165 Town Line Holdings LLC
—
Deed
related
$1,325,000 · Penn Community Bank
Oct 31, 2017
$12,100,000
165 Township Line Road Owner L
165 Township Line LP
Grant Deed
related
$9,225,000 · Beneficial Bk
Jan 4, 2012
$11,000,000
165 Township Line LP
Pitcairn Group LP
Grant Deed
—
Jan 4, 2012
—
165 Township Line LP
—
Deed Of Trust
related
$7,075,000 · American Equity Inv Life Ins
Jul 29, 2008
—
Wachovia Bank NA
Pitcairn
Grant Deed
related
—
Oct 28, 1999
—
Pitcairn Group LP
—
Deed Of Trust
related
$3,800,000 · First Union National Bank
Dec 19, 1997
$6,327,111
Pitcairn Group LP
One Place LP
Grant Deed
—
—
—
Pitcairn Co
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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