Financial
Distress signals
Property profile

523 Germantown Pike East Norriton, PA 19403

OFF-MARKET
Other warehouses
Property ID
US73-2053155
20,850 SF 4.05 ac lot Built 1950
Last sale Mar 2021 · $1,520,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 4.05-acre commercial land parcel at 523 W. Germantown Pike in East Norriton, Montgomery County, adjacent to Einstein Hospital System’s 87-acre medical campus. The site is positioned for redevelopment and has been contemplated for multiple use types, including senior living/assisted living and memory care, medical office, retail, and multifamily residential. A proposed development concept is a four-story assisted senior living and memory care facility totaling 114,969 square feet, arranged

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$32k
Tax billed · 2023
Assessed value · 2024$688k
Assessed land$453k
Assessed improvement$235k
Effective rate4.71%

Value estimate

· Sep 2026
$1.96M
$1.76M – $2.16M
AI approach$1.93M
Sales comparison$1.85M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$77 – $102
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm24.2
Realty agency23.9
Restaurant20.6

Location

523 Germantown Pike East Norriton, PA 19403-4231
County assessor Recorded deeds · 5 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
960 Rittenhouse, Norristown, PA 19403-2246 $1,600,000 Apr 2024 24,900 SF
537 Foundry, West Norriton, PA 19403-3975 $1,700,000 Oct 2021 18,872 SF
2572-2574 Industry, West Norriton, PA 19403 $1,288,224 Jul 2021 19,830 SF
2570 Industry, West Norriton, PA 19403-3951 $1,299,200 Jul 2021 19,830 SF
2571 Industry, West Norriton, PA 19403-3907 $1,680,672 Jul 2021 23,520 SF
553 Foundry, West Norriton, PA 19403-3901 $2,400,000 Jul 2021 18,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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