540 Pennsylvania AveFort Washington, PA 19034

Property Details for 540 Pennsylvania Ave

Year built

1962

Lot size

3.38 AC

Property size (Sq ft)

37,587 SF

Zone code

CRL

Property type

Office buildings

APN

65-00-08788-00-3

APU

650008788003

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $8,238,998

  6.5%

  $7,605,230

  7%

  $7,061,998

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,932,294

  Geo Method

  $4,911,118

• Alternative Use

  Use

  Valuation

  Residential Income

  $9,430,484

  Hospitality / Lodging

  $8,638,273

  Institutional / Educational

  $7,186,942

  Healthcare / Senior Housing

  $7,434,112

  Retail / Commercial

  $11,179,687

Location Insight

City

Fort Washington

County

Montgomery

State

Pennsylvania

Latitude

40.1318

Longitude

-75.2034

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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