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Property profile & analytics
OFF-MARKET
Commercial real estate

1501 Wales Rd Norristown, PA 19403

4.5 ac lot
Property ID
US73-0063195
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 4.5 ac (196,020 SF)
APN 67-00-02608-00-7
UPID US73-0063195
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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