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Property profile & analytics
OFF-MARKET
Medical Office Space
1021 Main St Norristown, PA 19401-4406
Individually Owned
~
Est. High Equity
Property ID
US73-2254131
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1890
Total area
5,133 SF
Lot
0.09 ac (3,900 SF)
Zoning code
RO
APN
13-00-23160-00-2
UPID
US73-2254131
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mabel Robert Physician Medical Clinic
-
Valley Forge Physical Therapy | Tower Health Medical Group Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Danny Ceron Perez
Danny Ceron Perez
since 2025
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
RO · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norristown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norristown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,554
Tax year 2023
Assessed value
$90,490
Assessed 2024
Previous assessed
$90,490
+0.0% YoY
Effective rate
6.14%
On assessed value
Total market value
$90,490
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1890
Heating
HOT WATER
Cooling
NONE
Stories
2
Rooms
12
Bathrooms
1
Total area
5,133 SF
Lot
0.09 ac (3,900 SF)
Zoning code
RO
APN
13-00-23160-00-2
UPID
US73-2254131
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
RO · Norristown, PAZoning RO · permitted uses
RO · Norristown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1890
Heating
HOT WATER
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Danny Ceron Perez
Individual
Mailing address
1021 W MAIN ST, NORRISTOWN, PA 19401-4406
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
$400,000
Danny Ceron Perez
Jorge Orellana
Deed
$320,000 · Bpl Mortgage LLC
Feb 5, 2024
$369,900
Jorge Orellana
Norristown Executive Suites INC
Deed
$351,405 · E Mortgage Capital INC
Nov 1, 2021
$250,000
Norristown Executive Suites INC
Joan Pearlstein
Deed
$150,000 · Joan Pearlstein
Jan 2, 2004
—
Joan O Pearlstein
Pearlstein,philip
Quit Claim Deed
related
—
—
—
Joan O Pearlstein
—
Deed Of Trust
related
$400,000 · Firstrust Bank
—
—
Joan O Pearlstein
—
Deed Of Trust
related
$150,000 · Firstrust Bank
—
—
Phillip Pearlstein
—
Deed Of Trust
related
$140,000 · First Sterling Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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