309 Lynwood Ave Jenkintown, PA 19046-4412
- Retail properties
- 4,860 SF
- 0.20 lot acres
Current Use by Public Records
- Retail properties
Property Details for 309 Lynwood Ave
- Year built
- 1972
- Lot size
- 0.20 lot acres
- Property size
- 4,860 SF
- Zone code
- SUR
- Property type
- Retail properties
- APN
- 18-00-01738-00-8
- APU
- 180001738008
Description
This exceptional commercial property, situated at 309 Lynwood Avenue in Jenkintown, Pennsylvania, presents a unique investment opportunity. The building boasts a substantial 1500 square feet of space, constructed of durable concrete block, measuring 30 feet by 50 feet. The interior features a finished office area and a convenient powder room, catering to a variety of business needs. Two 10ft x 10ft overhead doors, complemented by a separate man door, provide ample access for loading and unloading, while the impressive 11+ foot clearance to the bottom of the steel beam allows for comfortable maneuvering of larger equipment or storage. The property sits on a 0.2-acre lot, offering potential for expansion or outdoor use. Its strategic location offers unparalleled convenience, with easy access to both suburban and city areas. Commuters will appreciate the proximity to the commuter train providing direct access to the city center, and readily available bus service further enhances accessibility. The property is also within walking distance of the Huntingdon Valley Shopping Center, the scenic Pennypack Trail, and a variety of restaurants and shops, providing employees and clients with a wealth of amenities. This versatile property is perfectly suited for a range of commercial uses and represents a compelling investment in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $610,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $505,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $515,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $585,000
- Retail
- $480,000
- Mixed-Use
- $490,000
- Hospitality
- $455,000
- Educational
- $545,000
- Residential Income
- $425,000
- Energy
- $590,000
- Income-Based Land
- $550,000
- Food Service
- $540,000
Location Insight
- Map
- Local Demand
- City
- Jenkintown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.09
- Latitude
- 40.0803
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA