Financial
Distress signals
Property profile

1628 Berks Rd Norristown, PA 19403

FOR SALE
Office buildings
Property ID
US73-2977320
12,717 SF 3 ac lot Built 1950
Last sale Mar 2010 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$9k
Tax billed · 2023
Assessed value · 2024$250k
Assessed land$116k
Assessed improvement$135k
Effective rate3.79%

Value estimate

· Sep 2026
$295k
$266k – $325k
Sales comparison$1.39M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$174/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$109 – $265
Qualifying comparables11

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?
AGR
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop11.6
Building Supply11.3
Realty agency10.7

Location

1628 Berks Rd Norristown, PA 19403
County assessor Recorded deeds · 2 transfers 11 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
939 Jefferson, Audubon, PA 19403-2303 $1,940,500 Dec 2023 15,140 SF
2626 Van Buren, Norristown, PA 19403-2324 $7,375,000 Sep 2022 24,512 SF
2960 Germantown, Norristown, PA 19403-1060 $570,000 Apr 2019 8,343 SF
548 Trooper, West Norriton, PA 19403-4552 $540,764 Mar 2019 7,180 SF
2500 Eisenhower, Audubon, PA 19403-2322 $2,100,000 Mar 2019 20,830 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message