Norristown Office Building For
For Sale
Contact for pricing
40 W Germantown Pike, Norristown, PA 19401
6,000 sqft office building available for purchase.
Property Size6,000 SF
Price / SF$208.33
Days on Market1014
Property Features for 40 W Germantown Pike
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Office
Lease Type
Modified Gross
Building Details
Year Built
1951
Listing Agency:
TWYN Real Estate
Listed By:
Kevin Cybularz · License #RM424244
(610) 283-3919
Source:
Crexi
Added: Jan 9, 2024
Changed: Oct 8
Last Checked: Oct 16 at 6:56AM
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 TWYN Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 6,000 square foot office building available for sale. The property is located on Germantown Pike in Norristown, Pennsylvania.
Key Highlights
- Established property built in 1951.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,330
Cap Rate
7.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,600
$1.9M
Cap Rate 7%
$1,347,571
$1.3M
Cap Rate 9%
$1,048,111
$1.0M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$156.2K $26.04/SF
− Vacancy
−$30.5K −$5.08/SF
EGI
$125.8K $20.96/SF
− OpEx
−$31.4K −$5.24/SF
NOI
$94.3K $15.72/SF
Area
Montgomery County, PA
Vacancy
19.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,600
Cap Rate 7%
$1,347,571
Cap Rate 9%
$1,048,111
Alternative Uses
Best Use
Office B
$1.35M
$1.18M – $1.57M
NOI $94,330 @ 7.0% cap · market cap 7.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.45M
$3.02M – $4.03M
NOI $241,588 @ 7.0% cap · market cap 19.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,190
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - 6,000 sqft office building available for purchase.
Where is this office building located?
The property is located at 40 W Germantown Pike Norristown, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Established property built in 1951.
