475 Pennsylvania AveFort Washington, PA 19034

  • Gas stations
  • 1,392 SF

Property Details for 475 Pennsylvania Ave

Year built
1963
Lot size
0.65 AC
Property size (Sq ft)
1,392 SF
Zone code
CR
Property type
Gas stations
APN
54-00-13387-00-5
APU
540013387005

Description

This exceptional 0.64-acre commercial land parcel, located at 475 Pennsylvania Avenue in Fort Washington, Pennsylvania, presents a unique investment opportunity. Zoned C2 – Commercial District within Montgomery County, this single-tenant site offers significant potential for development. The property's address is conveniently situated at 475 Pennsylvania Avenue, zip code 19034, providing easy access to major transportation routes and local amenities. The expansive lot size allows for a variety of commercial uses, subject to local zoning regulations. With its prime location and flexible zoning, this property is ideal for businesses seeking a prominent presence in a thriving community. Prospective tenants should conduct their own due diligence regarding permitted uses and development plans. The property is offered for lease and presents a blank canvas for a new commercial venture. Detailed zoning information and development guidelines are readily available from the relevant Montgomery County authorities. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location. Interested parties are encouraged to contact the listing agent for further information and to schedule a site visit. The latitude and longitude coordinates are 40.1349623 and -75.2072291 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $508,318
    6.5%
    $469,216
    7%
    $435,701
  • Comparable approach

    Method
    Valuation
    Relative Method
    $461,415
    Geo Method
    $458,334
  • Alternative Use

    Use
    Valuation
    Residential
    $395,802
    Hospitality
    $362,552
    Educational
    $301,639
    Medical
    $312,013
    Retail
    $469,216

Location Insight

City
Fort Washington
County
Montgomery
State
Pennsylvania
Latitude
40.135
Longitude
-75.2071
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,237
$218,010
$114,930
$332,940
-
$218,010
$114,930
$332,940

FAQs

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Please email our support team at [email protected] and they will add the team member.
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