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    Property profile & analytics

    245 New York Dr Fort Washington, PA 19034-2503

    • Warehouses
    • 11,646 SF
    • 2.10 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Location Intelligence
    Property ID
    US73-0306159
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Weight Watchers Inc / Weight Loss Service
    • Weight Watchers of Philadelphia, Inc. / Weight Loss Service

    Property Details for 245 New York Dr

    Year built
    1964
    Lot size
    2.10 lot acres
    Property size
    11,646 SF
    Zone code
    LIM
    Property type
    Warehouses
    APN
    54-00-12184-00-2
    APU
    540012184002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $490,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $575,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $650,000
      Retail
      $620,000
      Mixed-Use
      $545,000
      Hospitality
      $595,000
      Educational
      $620,000
      Residential Income
      $490,000
      Energy
      $535,000
      Income-Based Land
      $565,000
      Food Service
      $555,000

    Location Insight

    • Map
    • Local Demand
    City
    Fort Washington
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.1991
    Latitude
    40.1387
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,302
    $252,430
    $450,980
    $703,410
    -
    $252,430
    $450,980
    $703,410

    Comparable in this City

    • Value Estimation by Request
      21,976 SF

      575 Virginia Dr

      WAREHOUSE, STORAGE • 21,976 SF
      575 Virginia Dr, Fort Washington, PA 19034-2731
      View Details
    • Value Estimation
      $690,000
      21,390 SF

      235 New York Dr

      WAREHOUSE, STORAGE • 21,390 SF
      235 New York Dr, Fort Washington, PA 19034-2503
      View Details
    • Value Estimation by Request
      21,000 SF

      465 Maryland Dr

      WAREHOUSE, STORAGE • 21,000 SF
      465 Maryland Dr, Fort Washington, PA 19034-2500
      View Details
    • Value Estimation
      $1,725,000
      115,295 SF

      1055 Virginia Dr

      MINI-WAREHOUSE, STORAGE • 115,295 SF
      1055 Virginia Dr, Fort Washington, PA 19034-3110
      View Details
    • Value Estimation
      $995,000
      56,888 SF

      275 New Jersey Dr

      WAREHOUSE, STORAGE • 56,888 SF
      275 New Jersey Dr, Fort Washington, PA 19034-2603
      View Details
    • Value Estimation
      $605,000
      25,000 SF

      270 New Jersey Dr

      WAREHOUSE, STORAGE • 25,000 SF
      270 New Jersey Dr, Fort Washington, PA 19034-2604
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      24,032 SF

      Fort Washington Flex/Office Building

      24,032 SF flex/office building on 2.68 acres.
      260 New York Dr, Fort Washington, PA 19034
      View Details
    • Contact for pricing
      24,032 SF

      Fort Washington Flex Office Building

      24,032 SF Flex/Office Investment Opportunity
      260 New York Dr, Fort Washington, PA 19034
      View Details
    • $495,000
      2,540 SF

      Fort Washington Office Building

      2-Story Office, 2,540 SF, Vacant
      465 Commerce Dr, Fort Washington, PA 19034
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,729 SF

      Fort Washington Warehouse Space Available

      11,729 SF warehouse space for lease in Fort Washington.
      500 Maryland Dr, Fort Washington, PA 19034
      View Details
    • Contact for pricing
      37,532 SF

      Prime Fort Washington Office Space

      Executive Suites, 1,530 SF Available
      455 Pennsylvania Ave, Fort Washington, PA 19034
      View Details
    • Contact for pricing
      12,690 SF

      Fort Washington Executive Office Space

      Prime Office Suites, 1,200-10,222 SF
      1035 Camp Hill Rd, Fort Washington, PA 19034
      View Details
    • Contact for pricing
      45,000 SF

      Fort Washington Office/Medical Building

      45,000 SF office/medical building near PA Turnpike.
      401 Commerce Dr, Fort Washington, PA 19034
      View Details
    • $18 SF/Yr
      769 SF

      Fort Washington Office Space Available

      Office space for lease with convenient access to PA Turnpike.
      1035 Virginia Dr, Fort Washington, PA 19034
      View Details
    • Contact for pricing
      54,000 SF

      Visible Office Space on Route 309

      Office space for lease with high visibility and ample parking.
      7111 Valley Green Rd, Fort Washington, PA 19034
      View Details
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    Fort Washington, PA 19034-2503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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