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    Property profile & analytics

    1501 Wales Rd Norristown, PA 19403

    • Commercial real estate
    • 4.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-0063195
    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

    • Commercial real estate

    Property Details for 1501 Wales Rd

    Lot size
    4.50 lot acres
    Property type
    Commercial real estate
    APN
    67-00-02608-00-7

    Description

    This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Norristown, Pennsylvania. Located at the highly visible, fully signalized intersection of Township Line Road and North Wales Road in Montgomery County, this property boasts an estimated daily traffic count exceeding 16,000 vehicles. The site has secured final and unappealable land development approvals for the construction of 26,550 square feet of commercial space, encompassing retail, office, and restaurant uses. Its strategic location offers unparalleled visibility and accessibility, further enhanced by its adjacency to Stony Creek Farms, a 209-unit luxury community for residents aged 55 and older. The property is zoned Commercial and AGR-Agricultural, with APN 67-00-02608-00-7. This prime location, coupled with existing development approvals, makes this a truly exceptional opportunity for immediate development and strong return on investment. The asking price is $1,500,000. This is a ready-to-build site with significant potential for commercial success.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.327072555082
    Latitude
    40.159737997326

    Comparable in this City

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    Similar Nearby for Sale

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    1501 Wales Rd
    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
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