Property profile

160 Germantown Pike Norristown, PA 19401

OFF-MARKET
Other office properties
Property ID
US73-5993460
14,100 SF 0.32 ac lot Built 1995
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a Class A medical and office facility designed for lease use, located on the corner of Hillcrest Avenue and Germantown Pike in a commercial area between Mercy Suburban Hospital and Montgomery Einstein Hospital. It provides abundant off-street parking at approximately 4.1 spaces per 1,000 square feet and has prominent street visibility. The site is within walking distance of multiple retail and food service establishments, including China Buffet, Bagel Café, Dunkin Donuts, Primo Hoagies, Dante’s, 7-Eleven, Capone’s, Sonic, and Panera Bread.

Property profile

Verified
Property type Other office properties
Use group CONDOMINIUM OFFICES
Year built 1995
Total area 14,100 SF
Lot 0.32 ac (14,100 SF)
Zoning code BP
APN 33-00-03020-05-2
UPID US73-5993460

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Medical Clinic
  • Physician
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • County Government Office

Location

160 Germantown Pike Norristown, PA 19401-1386
Norristown metro Census 203304 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.36M
Blend (final) Blend
$7.72M

Owner & transaction history

since 2018
7 recorded transactions
2018
$12.9M
2018
Price N/A
2013
Price N/A
2013
Price N/A
2010
Price N/A
2009
Price N/A
2007
$7.8M

Zoning & alternative use

BP · Norristown, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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