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    Property profile & analytics

    119 Chester Pike Norwood, PA 19074

    • Investment properties
    • 3,607 SF
    • 0.34 lot acres
    For Sale
    View listing
    $400,000
    Value Estimation
    Last Sale
    Sep 14, 2020
    $255,000
    Location Intelligence
    Property ID
    US73-5868318
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Changing Lanes Learning Center LLC / Child Care Agency

    Property Details for 119 Chester Pike

    Year built
    1917
    Lot size
    0.34 lot acres
    Property size
    3,607 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    31-00-00084-00
    APU
    31000008400

    Description

    This exceptional commercial property at 119 Chester Pike in Norwood, PA, offers approximately 2,000 square feet of versatile retail space. Currently operating as a successful education/childcare center, the building boasts a fully functioning layout ready for immediate occupancy or adaptable to a variety of uses. The property includes a significant advantage with a large on-site parking lot, catering to ample customer or client parking needs. Further enhancing its appeal is a fully fenced outdoor play area and additional land, providing extra space and potential for expansion or outdoor activities. The building's prominent location on Chester Pike ensures high visibility and excellent signage opportunities, maximizing exposure to a substantial daily traffic volume. The highway commercial zoning allows for a wide range of potential uses. An intriguing possibility exists for a second-floor residential conversion, subject to local regulations and approvals, offering additional income potential or expanded living space. This property presents a unique opportunity for investors and business owners seeking a well-located, adaptable commercial space with significant upside potential. The asking price is $400,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $235,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $235,000
      Mixed-Use
      $260,000
      Hospitality
      $230,000
      Educational
      $250,000
      Residential Income
      $190,000
      Energy
      $210,000
      Income-Based Land
      $240,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Norwood
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2967
    Latitude
    39.8926
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,761
    $48,450
    $163,670
    $212,120
    -
    $0.00
    $0.00
    $212,120

    Comparable in this City

    • Value Estimation
      $185,000
      1,570 SF

      42 Winona Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,570 SF
      42 Winona Ave, Norwood, PA 19074-1440
      View Details
    • Value Estimation
      $260,000
      0.14 Acres

      15 Amosland Rd

      PARKING GARAGE, PARKING STRUCTURE • 0.14 Acres
      15 Amosland Rd, Norwood, PA 19074
      View Details
    • Value Estimation by Request
      3,500 SF

      616 Chester Pike

      COMMERCIAL (GENERAL) • 3,500 SF
      616 Chester Pike, Norwood, PA 19074
      View Details
    • Value Estimation
      $275,000
      3,441 SF

      515 Chester Pike

      OFFICE BUILDING • 3,441 SF
      515 Chester Pike, Norwood, PA 19074-1416
      View Details
    • Value Estimation
      $260,000
      5,123 SF

      201 Chester Pike

      OFFICE BUILDING • 5,123 SF
      201 Chester Pike, Norwood, PA 19074-1733
      View Details
    • Value Estimation
      $330,000
      5,376 SF

      10 Winona Ave

      COMMERCIAL (GENERAL) • 5,376 SF
      10 Winona Ave, Norwood, PA 19074-1440
      View Details

    Similar Nearby for Sale

    • $479,000
      2,912 SF

      Victorian Triplex with Oversized Lot

      Charming Victorian triplex with income potential on oversized lot.
      27 Garfield Ave, Norwood, PA 19074
      View Details
    • Contact for pricing

      Prime Norwood Retail Space

      High-Visibility Retail, Ample Parking
      219 Chester Pike, Norwood, PA 19074
      View Details
    • $400,000
      2,000 SF

      Norwood Retail Building - $400K

      Prime Chester Pike Retail Space, High Visibility
      119 Chester Pike, Norwood, PA 19074
      View Details
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    119 Chester Pike
    Norwood, PA 19074
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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
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