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    2940 Dekalb Pike Norristown, PA 19401

    For Sale
    $1,500,000

    High-traffic location, ample parking, great potential.

    Property size:
    7,952 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 7,952 square foot commercial property, situated on a 1.05-acre lot at 2940 Dekalb Pike in Norristown, PA, presents a significant investment opportunity. Located in a bustling business district of East Norriton Township, the building enjoys high visibility with its prominent frontage on State Road N. 202, near Germantown Pike. The property boasts a spacious parking lot accommodating over 40 vehicles, accessed via a convenient driveway. Currently, the building houses one tenant, with significant vacancy offering immediate income potential and flexibility for future development. The first floor features several vacant units, while the entire second floor of the main building is also available. The second floor offers the largest usable space, featuring a wide-open layout suitable for multiple tenants. An extended building at the rear is occupied by a health spa, with the possibility of continued lease occupancy. All units are equipped with secure door entrances. The property is meticulously maintained and has recently passed all necessary inspections. This prime location offers exceptional potential for business growth and expansion, making it an ideal investment for discerning buyers.

    Property Features for 2940 Dekalb Pike

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,952 SF
    Lot Size
    45,738 SF

    Building Details

    Year Built
    1951
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Heavenly Spa Massage Therapist Road Side Assistant ... Towing Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    MONTGOMERY
    State
    Pennsylvania
    Longitude
    -75.31074
    Latitude
    40.14384

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, ample parking, great potential.
    Where is this commercial real estate located?
    The property is located at 2940 Dekalb Pike Norristown, PA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (215) 343-8200
    Request Owner's contact information
    2940 Dekalb Pike Norristown, PA 19401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2940 Dekalb Pike Norristown, PA 19401
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