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    1437 Dekalb St Norristown, PA 19401

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    For Sale
    $3,871,000

    Modern medical building renovated in 2019, ideal for healthcare services.

    Property size:
    17,973 SF
    Lot size:
    0.68 Acres

    Property Features for 1437 Dekalb St

    General Information

    Size
    17,973 SF
    Lot size
    0.68 Acres

    Source: Forged Real Estate Agent Marco DiPrinzio

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

    Overview

    Renovated Medical Building For Sale

    This renovated medical building was expanded in 2019 to accommodate the Children’s Hospital of Philadelphia (CHOP). CHOP's relocation to this building allowed them to expand the number of appointments and extend the services being offered, including behavioral health and social work. CHOP is an investment-grade rated tenant, ranked as the #4 pediatric care network in the country and #1 in Pennsylvania. The health system includes 19 centers and 567 beds, serving more than 1.28 million outpatients annually in the tri-state area. Norristown Family Physicians (NFP) was acquired by Einstein Healthcare Network in 2019. Jefferson Health merged with Einstein Healthcare Network in October 2021. Jefferson Healthcare is a multi-state non-profit health system which includes 14 hospitals, 2,851 licensed beds, 3,700 physicians and practitioners and 7,200 nurses. It's also ranked #3 by U.S. News for Best Hospitals in Pennsylvania. The property offers approximately 17,973 square feet of space and is located in Norristown, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Laura A. Taylor, MD Family Practice Physician Pascavage Jennifer Nursing Agency Children's Hospital Of Philadelphia ... Children'S Hospital Sarah Mattea Taub Pediatrician Dr. Sarah Taub Physical Therapist

    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.

    Similar Places Nearby

    Cats Only Veterinary Hospital

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.333155
    Latitude
    40.12365

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    FAQs

    What type of property is this?
    Medical office - Modern medical building renovated in 2019, ideal for healthcare services.
    Where is this medical office located?
    The property is located at 1437 Dekalb St Norristown, PA.
    What is the asking price?
    The asking price for this property is $3,871,000.
    What are key features of this property?
    This property features: - Anchored by The Children’s Hospital of Philadelphia (CHOP), a top-ranked pediatric care network.; - Includes Jefferson Health, a multi-state non-profit health system with strong credit ratings.; - CHOP's relocation to the building in 2019 facilitated expansion of appointments and services.
    (610) 608-2621
    Request Owner's contact information
    1437 Dekalb St 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
    1437 Dekalb St Norristown, PA 19401
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