8000 Old York Rd Elkins Park, PA 19027
Commercial land
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Entity Owned
11-yr Hold
~
Est. High Equity
For Sale
1 / 4
Contact for pricing
8000 Old York Rd, Elkins Park, PA 19027
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Estimated value (blended)
$295k
Range $266k – $325k (±10%)
Property ID
US73-2043876
Property summary
AI-generated overview
This exceptional 0.4-acre commercial land parcel is available for sale at $325,000. Located at 8000 Old York Road in Elkins Park, Pennsylvania (zip code 19027), this property presents a unique development opportunity in a high-traffic area. Situated on the corner of a signalized intersection, the lot boasts excellent visibility and accessibility along heavily trafficked Old York Road (Route 611), which sees an average annual daily traffic count of 25,413 vehicles. Its prime location within a Northeast Philadelphia suburb makes it particularly attractive for various commercial ventures. The property's size and location make it ideally suited for a dental or medical office, though other commercial uses may be considered. This vacant lot offers significant potential for investors seeking a strategic foothold in a thriving commercial corridor. The property is conveniently located in Montgomery County, Pennsylvania. Serious inquiries are encouraged. All information is deemed reliable but not guaranteed.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
2,320 SF
Lot
0.4 ac (17,600 SF)
Zoning code
R4
APN
31-00-30010-00-1
UPID
US73-2043876
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Charitable Organization
-
Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
since 2015
5 recorded transactions
Zoning & alternative use
R4 · Elkins Park, PA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$295k
Value range
$266k – $325k
±10% around blend
Estimated value / SF
$127 / SF
Confidence
High
13 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$266k
blend $295k
$325k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,320 SF
Lot area
0.4 ac
Year built
1950
Stories
1
APN
31-00-30010-00-1
Assessed value
$125,860
Annual tax
$8,406
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$355k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.5 mi away · 2,646 SF
1.7 mi away · 1,903 SF
1.9 mi away · 2,091 SF
1.9 mi away · 1,778 SF
2.1 mi away · 2,606 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$295k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 1037 sales
$108
+18%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $127/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$126k
Move the market yield to see immediate price impact.
Value / SF
$54
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$159k
$113k
$88k
$9k
$176k
$126k
$98k
$10k
$194k
$138k
$108k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$205k
1.4 mi · Oct 2025 · $90/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,406
Tax year 2023
Assessed value
$125,860
Assessed 2024
Previous assessed
$125,860
+0.0% YoY
Effective rate
6.68%
On assessed value
Total market value
$125,860
Applied tax rate
31.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
For Sale
Year built
1950
Heating
STEAM
Cooling
CENTRAL
Stories
1
Rooms
7
Bathrooms
1
Total area
2,320 SF
Lot
0.4 ac (17,600 SF)
Zoning code
R4
APN
31-00-30010-00-1
UPID
US73-2043876
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
Building & site characteristics
From public records
Year built
1950
Heating
STEAM
Cooling
Yes
Stories
1
Rooms
7
Bathrooms
1
Lot
0.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R4
Jurisdiction
Elkins Park, PA
Recorded code
R4
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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