Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1717 Markley Street Norristown, PA 19401

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail property for sale, currently fully leased.

    Type:Retail
    Added:
    Nov 21, 2025
    Days on Market:
    158
    Last Refresh:
    Apr 5 at 10:17 pm

    Property Features for 1717 Markley Street

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Properties For Sale

    at 1717 Markley Street Contact us

    We can help!

    Listing Contact
    Grace Daniels

    Listing agent Grace Daniels

    Listing office Metro Commercial - PA

    Listing date Nov 21, 2025

    Source Metrocommercial

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Metro Commercial - PA

    Overview

    Fully Leased Retail Property

    The property at 1717 Markley Street, Norristown, PA 19401 is a retail property that is currently fully leased.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Discount Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3342
    Latitude
    40.1324

    Nearby Similar for Sale

    • $499,000

      Updated Office Building in Norristown

      Move-in ready office building with flexible layout and separate utilities.
      529 SWEDE Street, NORRISTOWN, PA 19401
      View Details
    • $749,000

      Norristown Mixed-Use Investment Opportunity

      Three apartments and a commercial space in a prime location.
      421 W MARSHALL Street, NORRISTOWN, PA 19401
      View Details
    • $349,900
      3,346 SF

      Mixed-Use Property in Norristown

      Mixed-use property with commercial space and residential apartment in revitalizing downtown.
      254 E MAIN Street, NORRISTOWN, PA 19401
      View Details
    • $345,000
      2,176 SF

      Norristown Duplex Investment Opportunity

      Duplex in strong rental corridor, close to transportation and highways.
      558 STANBRIDGE Street, NORRISTOWN, PA 19401
      View Details
    • $389,000
      3,046 SF

      Norristown Triplex Near Main Street

      Triplex near Main Street with parking and investment potential.
      215 HAWS Avenue, NORRISTOWN, PA 19401
      View Details
    • $5,000

      Versatile Commercial Space in Norristown

      Adaptable commercial space with open floor plan and ample parking.
      516 E MARSHALL STREET, NORRISTOWN, PA 19401
      View Details
    • $275,000
      2,430 SF

      Norristown Three-Story Duplex For Sale

      Three-story duplex in Norristown, Pennsylvania, with detached garage.
      1424 POWELL Street, NORRISTOWN, PA 19401
      View Details
    • $500,000

      Norristown Commercial Revitalization District Property

      Commercial property in Norristown's Revitalization District with high traffic.
      1445 W MAIN Street, NORRISTOWN, PA 19403
      View Details
    • $265,000
      1,794 SF

      Norristown Duplex: Investment Opportunity

      Well-maintained duplex in Norristown, PA, near transportation and amenities.
      525 KOHN Street, NORRISTOWN, PA 19401
      View Details
    • $500,000
      6,867 SF

      Norristown Commercial Revitalization District Property

      Property in Norristown Commercial Revitalization District with high traffic count.
      1445 W MAIN STREET, NORRISTOWN, PA 19403
      View Details
    • $260,000
      2,422 SF

      Turnkey Investment Opportunity in Norristown

      Well-maintained duplex in Norristown, PA, ideal for investors.
      536 STANBRIDGE Street, NORRISTOWN, PA 19401
      View Details
    • $595,000

      Norristown Commercial Property For Sale

      Commercial property with office and warehouse space in Norristown.
      420 W POPLAR STREET, NORRISTOWN, PA 19401
      View Details

    FAQs

    What type of property is this?
    Retail property - Retail property for sale, currently fully leased.
    Where is this retail property located?
    The property is located at 1717 Markley Street Norristown, PA.
    What are key features of this property?
    This property features: Fully Leased
    (610) 260-2668
    We can help!
    Listing Contact
    Grace Daniels
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!