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Property profile & analytics
OFF-MARKET
Estimated value
$1,085,000
Medical Office Space
7447 Old York Rd Elkins Park, PA 19027-3006
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US73-5949156
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1907
Total area
16,134 SF
Lot
1.55 ac (67,474 SF)
Zoning code
R4
APN
31-00-30133-00-4
UPID
US73-5949156
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
Current use
Occupant on record · Public records
-
The Cooper Institute for Reproductive Hormonal Disorders, P.C Medical Clinic
-
Dr. Rachael A. Cohen, DO Physician
-
Dr. Jerome H Check MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.09M
Owner & transaction history
Jerome H Check · 18 yrs held
Jerome H Check
since 2007
7 recorded transactions
Zoning & alternative use
R4 · Elkins Park, 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 Elkins Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkins Park 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
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±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
$67 / 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
$44,193
Tax year 2023
Assessed value
$661,700
Assessed 2024
Previous assessed
$661,700
+0.0% YoY
Effective rate
6.68%
On assessed value
Total market value
$661,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1907
Heating
NONE
Cooling
NONE
Stories
2
Rooms
15
Bathrooms
4
Total area
16,134 SF
Lot
1.55 ac (67,474 SF)
Zoning code
R4
APN
31-00-30133-00-4
UPID
US73-5949156
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Elkins Park, PAZoning R4 · permitted uses
R4 · Elkins Park, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1907
Heating
NONE
Cooling
Yes
Stories
2
Rooms
15
Bathrooms
4
Lot
1.55 ac
Current owner
From public records · entity-resolved
Jerome H Check
Individual
Mailing address
520 ELKINS AVE, ELKINS PARK, PA 19027-2540
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2018
—
Jerome H Check
—
Deed
related
$350,000 · Beneficial Bk
Aug 1, 2017
—
Jerome H Check
—
Deed
related
$20,000 · Beneficial Bk
Sep 13, 2007
—
Jerome H Check
Check,jerome H & Deena C
Quit Claim Deed
related
—
Nov 13, 2003
—
Willow Grove Bk
Check,deena C
Grant Deed
related
$880,000 · Willow Grove Bank
Nov 17, 1999
—
Jerome H Check
Ansley Manor Partnership
Grant Deed
related
—
—
—
Jerome H Check
—
Deed Of Trust
related
—
—
—
Jerome H Check
—
Deed Of Trust
related
$225,000 · Conestoga Bank
—
—
Jerome H Check
—
Deed Of Trust
related
$530,000 · Conestoga Bank
—
—
Jerome H Check
—
Deed Of Trust
related
$750,000 · Willow Grove Bank
—
—
Jerome H Check
—
Loan Modification
related
$20,000 · Beneficial Bk
—
—
Jerome H Check
—
Deed Of Trust
related
$350,000 · Beneficial Bk
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.
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