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Property profile & analytics
OFF-MARKET
Individual retail properties
375 Commerce Dr Fort Washington, PA 19034-2701
Entity Owned
8-yr Hold
Free & Clear
Property ID
US73-2174967
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2017
Total area
114,038 SF
Lot
13.28 ac (578,477 SF)
Zoning code
LIM
APN
54-00-04384-00-8
UPID
US73-2174967
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
-
LifeSpa Fort Washington Hair Salon Nail Salon
-
Life Time Gym & Fitness Center
-
LifeClinic Chiropractic & Rehabilitation - Fort Washington, PA Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lcn-lnk Folsom Multi LLC · 8 yrs held
Lcn-lnk Folsom Multi LLC
since 2017
2 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$560,037
Tax year 2023
Assessed value
$11,484,000
Assessed 2024
Previous assessed
$12,139,240
-5.4% YoY
Effective rate
4.88%
On assessed value
Total market value
$11,484,000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2017
Heating
FORCED AIR
Cooling
CENTRAL
Total area
114,038 SF
Lot
13.28 ac (578,477 SF)
Zoning code
LIM
APN
54-00-04384-00-8
UPID
US73-2174967
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LIM · Fort Washington, PAZoning 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
Building & site characteristics
From public records
Year built
2017
Heating
FORCED AIR
Cooling
Yes
Lot
13.28 ac
Current owner
From public records · entity-resolved
Lcn-lnk Folsom Multi LLC
Entity
Free & Clear · 8 yrs held
Mailing address
2902 CORPORATE PL, CHANHASSEN, MN 55317-4560
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2017
$26,420,701
Lcn-lnk Folsom Multi LLC
Ltf Real Estate Co INC
Grant Deed
—
Oct 9, 2014
$2,782,000
Ltf Real Estate Co INC
Weinberg William Trust
Grant Deed
—
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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