260 New York Dr Fort Washington, PA 19034
This exceptional investment opportunity presents a 24,032-square-foot, single-story flex/office building situated on a generous 2.68-acre lot in Fort Washington, Pennsylvania. The property, located at 260 New York Drive, boasts a Class B designation and is zoned LIM – Limited Industrial District, offering considerable versatility. Built in 1973, the building features a functional layout ideal for a variety of uses. High ceilings, ranging from 12.16 feet clear to 13.5 feet to the deck, provide ample space and flexibility. The property includes convenient amenities such as 89 parking spaces, one loading dock, and one drive-in door, along with a tailgate door, ensuring efficient operations. The property's substantial size and strategic location in Montgomery County, Pennsylvania, make it an attractive prospect for investors seeking a strong return. The building's existing infrastructure and ample parking provide a solid foundation for immediate occupancy or future development. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The property's zoning allows for a range of potential uses, making it an ideal investment for both short-term and long-term growth. Serious inquiries are encouraged.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LIM · Fort Washington, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.