Standalone Three-Bay Flex
For Sale
Contact for pricing
549 FOUNDRY RD, Norristown, PA 19403
Standalone facility with drive-in access, yard space, and onsite parking.
Property Size2,400 SF
Price / SF$2.08
Days on Market59
Property Features for 549 FOUNDRY RD
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Additional Details
Outdoor Storage
Yes
Drive-In Doors
3
Building Details
Year Built
1960
Listing Agency:
Keller Williams Realty Devon-Wayne
(610) 647-8300
Listed By:
Mark Burkert · License #RS329356
(215) 280-3903
Source:
Cummingsrealtors
Added: Aug 20
Changed: Oct 16
Last Checked: Oct 16 at 9:29AM
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 Keller Williams Realty Devon-Wayne
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Investment Insights
Based on property information with market context.
Located at 549 Foundry Rd in West Norriton, Pennsylvania, this standalone flex space was built in 1960 and is configured with three drive-in bays. The layout supports vehicle and equipment movement through the building, while multiple means of egress provide additional site functionality.
The property includes dedicated yard area and onsite parking, offering exterior space for fleet vehicles, heavy equipment, or outdoor storage. Regional highway access is also available from the property, supporting movement throughout the surrounding area.
The property includes dedicated yard area and onsite parking, offering exterior space for fleet vehicles, heavy equipment, or outdoor storage. Regional highway access is also available from the property, supporting movement throughout the surrounding area.
Key Highlights
- Three‑bay drive‑in configuration
- Dedicated yard space for vehicles, equipment, or outdoor storage
- Onsite parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,620
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,400
$352.4K
Cap Rate 7%
$251,714
$251.7K
Cap Rate 9%
$195,778
$195.8K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$27.4K $11.40/SF
− Vacancy
−$2.2K −$0.91/SF
EGI
$25.2K $10.49/SF
− OpEx
−$7.6K −$3.15/SF
NOI
$17.6K $7.34/SF
Area
Montgomery County, PA
Vacancy
8.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,400
Cap Rate 7%
$251,714
Cap Rate 9%
$195,778
Alternative Uses
Best Use
Flex RnD
$393.0K
$343.8K – $458.5K
NOI $27,507 @ 7.0% cap · market cap 550.14%
Second Best
Warehouse
$350.7K
$306.9K – $409.2K
NOI $24,549 @ 7.0% cap · market cap 490.98%
Theoretical Best
Specialty Retail
$1.38M
$1.21M – $1.61M
NOI $96,635 @ 7.0% cap · market cap 1,932.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 19403, PA
43,734
Population
19,720
Households
2.2
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
1,952
Density / Sq Mi
$101,996
Median Household Income
$59,809
Median Earnings
$1,640
Median Rent
$355,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Standalone facility with drive-in access, yard space, and onsite parking.
Where is this flex space located?
The property is located at 549 FOUNDRY RD Norristown, PA.
What are key features of this property?
This property features: Three‑bay drive‑in configuration; Dedicated yard space for vehicles, equipment, or outdoor storage; Onsite parking included
