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Financial
Distress signals
Property profile

261 Old York Rd Jenkintown, PA 19046

FOR LEASE
Other office properties
Property ID
US73-2462859
712,403 SF 7.28 ac lot Built 1968
Last sale Oct 2009 · $2,615,695
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Pavilion is a ten-story mixed-use building located in Jenkintown, Pennsylvania, offering a range of space types including professional office, medical office, retail, and industrial uses. The property provides suites that can be configured in varying sizes, and a full floor of office space is available at approximately 30,000 square feet. The building includes on-site management and provides a shuttle service between the property and SEPTA’s Jenkintown–Wyncote Regional Rail Train Station.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$854k
Tax billed · 2023
Assessed value · 2024$18.43M
Effective rate4.63%

Value estimate

· Oct 2026
$61.64M
$55.47M – $67.80M
Submarket $/SF estimate$67.29M
NOI build-up
Gross scheduled income$5.58M
Vacancy & credit loss−$446k
Operating expenses−$1.93M
NOI · 17,825,000.00% cap applied$3.21M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 362 recorded sales of this use type
Observed band · Q1–Q3$94 – $252

Cap rate analysis

How does the asset earn?
17,825,000.00%
$3.21M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PB
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply36.9
Restaurant35.0
Wholesale Shop33.8

Location

261 Old York Rd Jenkintown, PA 19046
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1061 Rydal, Rydal, PA 19046-1713 $827,000 Nov 2024 26,254 SF
425 Johnson, Jenkintown, PA 19046-2705 $750,000 Aug 2024 10,201 SF
766 Old York, Jenkintown, PA 19046-2836 $885,500 Dec 2022 9,737 SF
501 Washington, Jenkintown, PA 19046-3145 $1,800,000 Aug 2022 20,464 SF
179 Washington, Jenkintown, PA 19046-3507 $1,052,100 Jan 2022 12,792 SF
103 Township Line, Rockledge, PA 19046-5127 $500,000 Jun 2021 8,160 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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