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Property profile & analytics
OFF-MARKET Estimated value $8,980,000
Office buildings

515 Pennsylvania Ave Fort Washington, PA 19034-3314

83,998 SF 4.42 ac lot Built 1958
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US73-1277166
Property summary
AI-generated overview

Fort Washington Plaza offers exceptional Class A office space in Montgomery County, PA. This single, two-story building totaling 82,000 square feet provides a variety of suite sizes, perfect for businesses seeking flexible options. Currently, there are multiple spaces available, ranging from a minimum of 5,650 square feet to a maximum contiguous space of 22,215 square feet, with a total of 40,637 square feet currently vacant. The building underwent renovations in 2019, ensuring modern amenities and a comfortable work environment. Its convenient location near the PA Turnpike Fort Washington Interchange and PA Route 309 offers easy access for employees and clients. The property is also within walking distance of the SEPTA Regional Rail Fort Washington Train Station and benefits from convenient curbside SEPTA bus service. Ample on-site parking is available for tenants and visitors. The building features elevators for easy access to both floors. The property is zoned for commercial use and boasts excellent tenant signage opportunities on the highly visible Pennsylvania Avenue. Professional ownership and responsive property management ensure a seamless and positive tenant experience. This is an ideal location for businesses seeking a prestigious and easily accessible office space in the thriving Fort Washington submarket. The building is suitable for traditional office, medical office, and daycare uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Total area 83,998 SF
Lot 4.42 ac (192,535 SF)
Zoning code LIM
APN 54-00-04363-00-2
UPID US73-1277166
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
  • Christine M. Jones, MD Physician Medical Clinic
  • Temple Health Ft. Washington Medical Clinic
  • Amtech Automation Production Facility
  • Yi Zhang, MD, PhD Ophthalmologist
  • Dr. Robin Rothstein Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.07M
Blend (final) Blend
$8.98M
Owner & transaction history
515 Pa Ave LLC · 8 yrs held
515 Pa Ave LLC
since 2017
5 recorded transactions
2022
Price N/A
2017
$10.3M
2015
$6.8M
1997
$10.5M
1997
$5,500
Zoning & alternative use
LIM · Fort Washington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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