Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,835,000
Office buildings
540 Pennsylvania Ave Fort Washington, PA 19034-3315
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-0074369
Property summary
AI-generated overview
This exceptional three-story executive office building at 540 Pennsylvania Avenue in Fort Washington, Pennsylvania offers a range of flexible suite sizes, ideal for businesses seeking single-tenant occupancy. The building boasts a total of 35,100 square feet, with 6,500 square feet currently available. Renovated in 2016, the property provides modern amenities and a professional atmosphere. Located in Montgomery County, this property benefits from convenient access to Route 309 and the Pennsylvania Turnpike, ensuring easy commutes for employees and clients. The building offers ample parking, with a ratio of 4.16 spaces per 1,000 square feet. Suite sizes range from 600 to 6,500 square feet, providing options to accommodate various business needs. The property's prime location and modern features make it an attractive opportunity for businesses seeking a high-quality office space in a convenient and accessible location. The building's single-tenant occupancy ensures a private and controlled environment. This is an excellent opportunity to establish a presence in a thriving business community. The address is 540 Pennsylvania Avenue, Fort Washington, PA 19034.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1962
Total area
37,587 SF
Lot
3.38 ac (147,233 SF)
Zoning code
CRL
APN
65-00-08788-00-3
UPID
US73-0074369
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
-
MVM Associates, Inc. Consultant
-
Charles Marcus Hearing Aid Center Hearing Aid Store
-
Garden Retreat Spa Alternative Medicine Practice Spa & Massage Center
-
Rebecca Sirota Pharmacy
-
Bowers Company | Film & Video Game Tax Credits Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$2.84M
Owner & transaction history
540 Pennsylvania Assocs LLC · 11 yrs held
540 Pennsylvania Assocs LLC
since 2015
5 recorded transactions
Zoning & alternative use
CRL · 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
$2.84M
Range $2.55M – $3.12M · ±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
$75 / 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
$36,390
Tax year 2023
Assessed value
$1,117,600
Assessed 2024
Previous assessed
$1,117,600
+0.0% YoY
Effective rate
3.26%
On assessed value
Total market value
$1,117,600
Applied tax rate
65.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1962
Heating
FORCED AIR
Cooling
CENTRAL
Total area
37,587 SF
Lot
3.38 ac (147,233 SF)
Zoning code
CRL
APN
65-00-08788-00-3
UPID
US73-0074369
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CRL · Fort Washington, PAZoning CRL · permitted uses
CRL · 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
1962
Heating
FORCED AIR
Cooling
Yes
Lot
3.38 ac
Current owner
From public records · entity-resolved
540 Pennsylvania Assocs LLC
Entity
Mailing address
1300 VIRGINIA DR STE #205, FORT WASHINGTON, PA 19034-3249
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2017
—
540 Pennsylvania Associates Ll
—
Deed
related
$2,000,000 · Dnb First NA
Mar 18, 2015
$1,300,000
540 Pennsylvania Assocs LLC
Harvey Goodstein Charitable Fo
Grant Deed
$1,000,000 · Harvey Goodstein Charitable Fo
Mar 18, 2004
—
Penna Dept Trans
Carson,george W
Grant Deed
related
—
Sep 6, 2000
—
Goodstein Trust
Harvey Goodstein Estate
Quit Claim Deed
related
—
—
—
540 Pennsylvania Associates Ll
—
Deed Of Trust
related
$2,000,000 · Dnb First NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 540 Pennsylvania Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
