Retail
New
For Sale
$75,000
325 E BASIN STREET, Norristown, PA 19401
Commercial retail space with combination construction and a straightforward ownership profile.
Property Size300 SF
Days on Market4
Property Features for 325 E BASIN STREET
General Information
Standard status
Active
Size
300 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$1,706
Building Details
Building Size
300 SF
Year Built
1960
Listing Agency:
Fierce Realty Corp.
Listed By:
Deborah A. Spence · License #RM424134
(484) 934-2744
Source:
Lizclarkrealestate
Added: Sep 12
Changed: Sep 15
Last Checked: Sep 15 at 11:48AM
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 Fierce Realty Corp.
Investment Insights
Based on property information with market context.
This retail property was constructed in 1960 and occupies a compact 0.05-acre lot. Combination construction materials contribute to the building’s physical character, while the space is identified for retail use and may also accommodate office or creative-studio applications described in the property information.
The property is located at 325 E Basin Street in Norristown, Pennsylvania. It has no association fees or amenities to manage, and the absence of parking requirements provides flexibility in how the site is utilized.
The property is located at 325 E Basin Street in Norristown, Pennsylvania. It has no association fees or amenities to manage, and the absence of parking requirements provides flexibility in how the site is utilized.
Key Highlights
- Retail space on a 0.05‑acre lot
- Constructed in 1960
- Combination construction materials
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,621
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$72,420
$72.4K
Cap Rate 7%
$51,729
$51.7K
Cap Rate 9%
$40,233
$40.2K
Market Conditions
NOI Build-Up for 300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$5.4K $18.00/SF
− Vacancy
−$227 −$0.76/SF
EGI
$5.2K $17.24/SF
− OpEx
−$1.6K −$5.17/SF
NOI
$3.6K $12.07/SF
Area
Montgomery County, PA
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$72,420
Cap Rate 7%
$51,729
Cap Rate 9%
$40,233
Alternative Uses
Best Use
Retail
$51.7K
$45.3K – $60.4K
NOI $3,621 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$172.6K
$151.0K – $201.3K
NOI $12,079 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,649
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Dekalb Supermarket IGA
Groceries
7,643 visits/mo
0.4 miles
Demographics for 19401, PA
43,414
Population
18,236
Households
2.4
Avg Household Size
36
Median Age
28%
College-Educated
86%
High-School Grad
6.2 sq mi
ZIP Area
7,002
Density / Sq Mi
$68,646
Median Household Income
$38,050
Median Earnings
$1,392
Median Rent
$225,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail space with combination construction and a straightforward ownership profile.
Where is this retail space located?
The property is located at 325 E BASIN STREET Norristown, PA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Retail space on a 0.05‑acre lot; Constructed in 1960; Combination construction materials
