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Property profile & analytics
OFF-MARKET
Investment properties
465 Commerce Dr Fort Washington, PA 19034-2708
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US73-2537796
Property summary
AI-generated overview
This well-maintained, two-story Class B office building, totaling 2,540 square feet, is available for purchase at $495,000. Situated in the Fort Washington Office Park in Montgomery County, Pennsylvania, this property offers excellent visibility and ample on-site parking. The building features a full basement and is conveniently located near major roadways, including the Pennsylvania Turnpike Fort Washington Interchange and Route 309. Its proximity to SEPTA's Fort Washington Regional Rail Train Station and the convenient access to SEPTA Bus Route 201 (with a curbside stop) provides easy commuting options for employees and clients. The building is currently vacant, presenting a unique opportunity for immediate occupancy or lease-up. The property's versatile design suits various office uses, including executive, medical, and traditional office spaces. This prime location and well-maintained structure make it an attractive investment opportunity in a thriving business community. The address is 465 Commerce Drive, Fort Washington, PA 19034.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1915
Total area
3,685 SF
Lot
0.22 ac (9,700 SF)
Zoning code
LIM
APN
54-00-13447-00-8
UPID
US73-2537796
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
-
Steven L Jay & Associates Insurance Agency
-
ThinkHR Workplace Pro Insurance Agency
-
Fort Washington Corporate Benefit Services Insurance Agency
-
Robert J. Birch, Esq, P.C. Law Firm
-
Ace Paper & Trading Distribution Center
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
S & R Jay Realty LLC · 21 yrs held
S & R Jay Realty LLC
since 2005
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
$6,970
Tax year 2023
Assessed value
$142,910
Assessed 2024
Previous assessed
$142,910
+0.0% YoY
Effective rate
4.88%
On assessed value
Assessed land
$87,370
Assessed improvement
$55,540
Land market value
$87,370
Improvement market value
$55,540
Total market value
$142,910
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1915
Heating
NONE
Cooling
NONE
Stories
2
Rooms
6
Bathrooms
1
Total area
3,685 SF
Lot
0.22 ac (9,700 SF)
Zoning code
LIM
APN
54-00-13447-00-8
UPID
US73-2537796
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
1915
Heating
NONE
Cooling
Yes
Stories
2
Rooms
6
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
S & R Jay Realty LLC
Entity
Mailing address
465 COMMERCE DR, FORT WASHINGTON, PA 19034-2708
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Jul 11, 2005
$575,000
S & R Jay Realty LLC
Whalen,martin F & Elizabeth B
Grant Deed
—
—
—
S & R Jay Realty LLC
—
Deed Of Trust
related
$348,000 · American Heritage FCU
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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