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    529 Foundry Rd Norristown, PA 19403

    For Lease
    $11 SF/Yr

    8,782 SF Flex Space Available Now

    Lot size:
    8,782 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8,782-square-foot industrial property, located at 529 Foundry Road, Suite 2, in Norristown, Pennsylvania, presents a unique opportunity for businesses seeking flexible space. Situated in Montgomery County, this property boasts a prime location off Germantown Pike within an established industrial park setting. The space is classified as flex, warehouse, and light distribution, catering to a variety of operational needs. The building features impressive 20-foot ceiling clear heights, providing ample vertical space for storage or high-bay racking systems. The property is currently available as a single unit, offering a significant amount of space for a single tenant or the potential for subdivision (tenant configuration to be determined). The address is 529 Foundry Rd, Norristown, PA 19403. This location offers convenient access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property is suitable for multiple tenants. The property type is industrial, and the subtype is flex, warehouse, and distribution. This versatile space is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a strategic location and functional layout in a thriving industrial area.

    Property Features for 529 Foundry Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,782 SF

    Unit(s) available at that property

    Space
    Suite 2
    Size
    8,782 SF
    Rate per SF
    $11

    HighLights

    • 8,782 SF industrial flex space at 529 Foundry Rd, Suite 2, Norristown, PA 19403.
    • Prime location in Montgomery County, off Germantown Pike.
    • 20‑foot clear ceiling height.
    • Suitable for single or multiple tenants (subdivision possible).
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    SAI Group Corporate Office Sears Carpet Cleaning ... Carpet Cleaning Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.372812886214
    Latitude
    40.152837848271

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    FAQs

    What type of property is this?
    Distribution property - 8,782 SF Flex Space Available Now
    Where is this distribution property located?
    The property is located at 529 Foundry Rd Norristown, PA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 8,782 SF industrial flex space at 529 Foundry Rd, Suite 2, Norristown, PA 19403.; Prime location in Montgomery County, off Germantown Pike.; 20-foot clear ceiling height.
    Request Owner's contact information
    529 Foundry Rd Norristown, PA 19403
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    Norristown, PA 19403
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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
    529 Foundry Rd Norristown, PA 19403
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