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    1700 Markley St Norristown, PA 19401

    For Lease
    Contact for pricing

    Norristown Retail Center - Excellent Opportunity

    Lot size:
    220,704 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Logan Commerce Center, located at 1700 Markley St in Norristown, Pennsylvania (zip code 19401), presents a compelling investment opportunity. This multi-level commerce center, built in 2008, offers a total of 220,704 square feet of retail space within Montgomery County. Currently, there are 7,929 square feet of vacant space available, presenting a unique chance for expansion or new tenancy. The property's history includes a former Davita facility, offering potential for a variety of uses given its adaptable layout and substantial square footage. The address is conveniently situated in Norristown, providing easy access to major transportation routes and a thriving local market. The building's 2008 construction ensures relatively modern infrastructure and amenities. This property is ideal for businesses seeking a prominent location in a well-established commerce center with significant existing space and readily available expansion potential. The available vacant space offers flexibility for customization to suit diverse business needs. The location within Montgomery County provides access to a robust workforce and consumer base. This is a prime opportunity to acquire a significant retail presence in a desirable Pennsylvania market. The property's size and location make it an attractive option for both established businesses and new ventures seeking to establish a strong foothold in the Norristown area.

    Property Features for 1700 Markley St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    220,704 SF

    Building Details

    Year Built
    2008

    Unit(s) available at that property

    Space
    1700 Markley St
    Size
    7,929 SF

    HighLights

    • 220,704 SF multi‑level retail center in Norristown, PA (19401).
    • 7,929 SF of vacant space available for lease.
    • Built in 2008, offering modern infrastructure.
    • Located in Montgomery County with easy access to major transportation routes.
    • Former Davita facility, adaptable layout suitable for various uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pennsylvania Department of Transportation ... Department Of Transportation Pennsylvania Department of Transportation ... Department Of Motor Vehicles DaVita Norristown Dialysis Dialysis Center Testosterone HGH VitalGrowth ... Medical Clinic Logan Commerce Center Shopping Mall

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3322901
    Latitude
    40.1315293

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    FAQs

    What type of property is this?
    Retail property - Norristown Retail Center - Excellent Opportunity
    Where is this retail property located?
    The property is located at 1700 Markley St Norristown, PA.
    What are key features of this property?
    This property features: 220,704 SF multi-level retail center in Norristown, PA (19401).; 7,929 SF of vacant space available for lease.; Built in 2008, offering modern infrastructure.
    Request Owner's contact information
    1700 Markley St Norristown, PA 19401
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    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
    1700 Markley St Norristown, PA 19401
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