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    2350 Susquehanna Rd Abington, PA 19001-4211
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    Property profile & analytics

    2350 Susquehanna Rd, Abington, PA 19001-4211

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    • Grocery and convenience stores
    • 61,045 SF
    • 6.85 lot acres
    Off-Market
    Property ID
    US73-1357268
    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
    $9,810,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Starbucks / Cafe & Coffee Shop
    • GIANT Pharmacy / Pharmacy
    • Bruce S. Sigman, RPh / Pharmacy
    • Pointe Dance Studio / Training Center
    • Coinstar Kiosk | Bitcoin ATM / Shopping Center & Mall / (Bike/Boat/Book/etc) Store

    Property Details for 2350 Susquehanna Rd

    Year built
    1998
    Lot size
    6.85 lot acres
    Zone code
    AO
    Property type
    Grocery and convenience stores
    APN
    30-00-65308-00-2
    APU
    300065308002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 17, 2018 — Roslyn Associates LP Roslyn Associates LP Quit Claim Deed · related $6.5M · Miscellaneous Ins Co
    May 12, 1997 — Roslyn Associates LP — Grant Deed · related $7.1M · Summit Bank
    — — Roslyn Associates LP — Deed Of Trust · related $500k · Summit Bank
    — — Roslyn Associates LP — Deed Of Trust · related $6.9M · State Farm Life Insurance Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $12,280,000
      6.5%
      $11,335,000
      7%
      $10,525,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,868,000
      Market price range: $2.53M - $9.99M

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

    Location Insight

    • Map
    • Local Demand
    City
    Abington
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1354
    Latitude
    40.1212
    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
    $220,476
    $1,169,650
    $3,591,200
    $4,760,850
    -
    $1,169,650
    $3,591,200
    $4,760,850

    Comparable in this City

    • Value Estimation by Request
      2,816 SF

      1837 Old York Rd

      CONVENIENCE STORE
      1837 Old York Rd, Abington, PA 19001-1125
      View Details
    • Value Estimation by Request
      3,000 SF

      2401 Susquehanna Rd

      CONVENIENCE STORE
      2401 Susquehanna Rd, Roslyn, PA 19001-4208
      View Details
    • Value Estimation
      $4,000,000
      4,205 SF

      990 Old York Rd

      FINANCIAL BUILDING
      990 Old York Rd, Abington, PA 19001-4707
      View Details
    • Value Estimation
      $1,485,000
      11,748 SF

      1407 Old York Rd

      FINANCIAL BUILDING
      1407 Old York Rd, Abington, PA 19001-2710
      View Details
    • Value Estimation by Request
      2,347 SF

      1706 Old York Rd

      RETAIL STORES (PERSONAL SERVICES)
      1706 Old York Rd, Abington, PA 19001-1717
      View Details
    • Value Estimation
      $4,500,000
      17,884 SF

      1752 Old York Rd

      SHOW ROOM, WAREHOUSE
      1752 Old York Rd, Abington, PA 19001-1023
      View Details

    Similar Nearby for Sale

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      Abington Retail End-Cap Space

      4,124 SF retail space on Old York Road.
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    • New
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      Mixed-Use Building in Abington

      Mixed-use commercial building with retail and residential units.
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    • $1,197,207
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      Abington Commercial Investment Opportunity

      Prime location near Abington/Jefferson Hospital with abundant parking.
      1468 Old York Rd, Abington, PA 19001
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    • $550,000
      2,450 SF

      Remodeled Restaurant in Abington, PA

      Tenant-occupied, renovated restaurant with potential for other commercial uses.
      1145 Easton Rd, Abington, PA 19001
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    • Contact for pricing
      Pending

      Versatile Commercial Property on Easton Rd

      Functional space with high visibility and flexible zoning.
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    Similar Nearby for Lease

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      5,700 SF

      Retail/Office Space on Route 611

      5,700 SF retail/office space with high visibility.
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      3,220 SF

      Retail Space in Abington Township

      Retail space available in Abington Towne Center.
      1495 Old York Rd, Abington, PA 19001
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    • $499,900
      3,724 SF

      Mixed-Use Property in Abington, PA

      Versatile mixed-use property with recent upgrades and high-traffic visibility.
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      View Details
    • $269,000
      3,001 SF

      Commercial Mixed-Use Opportunity in Abington

      High-traffic location with storefront and residential unit.
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    • $2,500 /Mo
      9,322 SF

      Prime Commercial Space on Easton Road

      High-visibility 1,000 SF commercial space for lease in Abington.
      1201 Easton Rd, Abington, PA 19001
      View Details
    • $3,500 /Mo
      3,724 SF

      Renovated Mixed-Use Commercial Property

      Versatile commercial space with high visibility and recent upgrades.
      1737 Old York Rd, Abington, PA 19001
      View Details
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    2350 Susquehanna Rd
    Abington, PA 19001-4211
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    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
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    2350 Susquehanna Rd, Abington, PA, 19001
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