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Property profile & analytics
OFF-MARKET
Estimated value
$4,065,000
Hotels
285 Commerce Dr Fort Washington, PA 19034-2423
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-0306136
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1972
Total area
90,158 SF
Lot
3.23 ac (140,699 SF)
Zoning code
M
APN
54-00-04381-00-2
UPID
US73-0306136
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
-
Palace of Asia PA Restaurant
-
Best Western Fort Washington Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.06M
Blend (final)
Blend
$4.07M
Owner & transaction history
Vihar Fw · 16 yrs held
Vihar Fw
since 2009
7 recorded transactions
Zoning & alternative use
M · 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
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±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
$45 / 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
$126,059
Tax year 2023
Assessed value
$2,584,930
Assessed 2024
Previous assessed
$2,588,720
-0.1% YoY
Effective rate
4.88%
On assessed value
Total market value
$2,584,930
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Units
112
Total area
90,158 SF
Lot
3.23 ac (140,699 SF)
Zoning code
M
APN
54-00-04381-00-2
UPID
US73-0306136
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M · Fort Washington, PAZoning M · permitted uses
M · Fort Washington, 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
1972
Heating
FORCED AIR
Cooling
Yes
Units
112
Lot
3.23 ac
Current owner
From public records · entity-resolved
Vihar Fw
Individual
Mailing address
285 COMMERCE DR, FORT WASHINGTON, PA 19034-2423
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2024
—
Vihar F W LP
—
Deed
related
$2,850,000 · First Bank
Apr 20, 2020
—
Vihar Fw LP
—
Deed
related
$550,000 · Vist Bk
Aug 3, 2009
$8,200,000
Vihar Fw
Manir Properties
Deed Of Trust
$5,330,000 · Vist Bank
Aug 15, 2007
—
Archon Fin
Manir Prop
Grant Deed
related
—
Jun 2, 1998
—
Sitkar Corp
—
Deed Of Trust
related
$3,400,000 · Archon Financial LP
—
—
Vihar Fw LP
—
Deed Of Trust
related
$550,000 · Vist Bk
—
—
Manir Properties
—
Deed Of Trust
related
$3,400,000 · Archon Financial LP
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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