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Property profile & analytics
FOR LEASE
Office buildings
1100 Virginia Dr Fort Washington, PA 19034
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US73-0679339
For Lease
1 / 6
Contact for pricing
1100 Virginia Dr, Fort Washington, PA 19034
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
678,360 SF
Lot
67.1 ac (2,922,876 SF)
Zoning code
LIM
APN
54-00-16378-00-2
UPID
US73-0679339
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
-
Inizio Engage Factory Production Facility
-
Nutrisystem, Inc. Weight Loss Service
-
Ashfield Meetings & Events Marketing & Advertising Event Planning
-
ditech Home Loans Loan Service Bank
-
Jenny Craig Headquarters Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$108.76M
Blend (final)
Blend
$97.04M
Owner & transaction history
Lsop 3 Pa 1 LLC · 12 yrs held
Lsop 3 Pa 1 LLC
since 2013
6 recorded transactions
Zoning & alternative use
LIM · Fort Washington, 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 Fort Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Washington 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$110,995,000
Current use
MEDICAL BUILDING
$106,925,000
Change: -4% · Conversion: Easy
RESTAURANT
$95,215,000
Change: -14% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$94,285,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$97.04M
Range $87.33M – $106.74M · ±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
$143 / 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
$2,094,774
Tax year 2023
Assessed value
$45,035,100
Assessed 2024
Previous assessed
$42,150,000
+6.8% YoY
Effective rate
4.65%
On assessed value
Total market value
$45,035,100
Applied tax rate
54.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Total area
678,360 SF
Lot
67.1 ac (2,922,876 SF)
Zoning code
LIM
APN
54-00-16378-00-2
UPID
US73-0679339
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LIM · Fort Washington, PA
Zoning LIM · permitted uses
LIM · Fort Washington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Washington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$111.0M
MEDICAL BUILDING
Est. value
$106.9M
RESTAURANT
Est. value
$95.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$94.3M
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Lot
67.1 ac
Current owner
From public records · entity-resolved
Lsop 3 Pa 1 LLC
Entity
Mailing address
1100 VIRGINIA DR, FORT WASHINGTON, PA 19034-3276
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2021
—
Liberty 1100 Va Dr LLC
—
Deed
related
$59,600,000 · Synovus Bank
Aug 24, 2021
—
Lsop 3 Pa 1 LLC
—
Deed
related
$51,000,000 · Umb Bank NA
Jun 26, 2017
—
Lsop 3 Pa 1 LLC
—
Grant Deed
related
$67,805,851 · Deutsche Bk Ag
Dec 30, 2013
$84,300,000
Lsop 3 Pa 1 LLC
Liberty Property LP
Grant Deed
—
Jun 14, 2006
$49,925,000
Liberty Property LP
Owner,record
Grant Deed
related
—
Nov 22, 2002
—
1100 Virginia Drive Assocs
—
Deed Of Trust
related
$5,000,000 · Wachovia Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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