Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1916 Marshall St Norristown, PA 19403
    Property profile & analytics

    1916 Marshall St, Norristown, PA 19403

    View on Map
    • Commercial real estate
    • 35,337 SF
    • 1.81 lot acres
    For Lease
    $10 SF/Yr
    View Listing →
    Norristown Office Suites For Rent For Lease
    $10 SF/Yr
    1,660 SF

    Norristown Office Suites For Rent

    Second-floor office suites available for lease in Norristown.

    1916 W MARSHALL STREET, Norristown, PA 19403
    View Listing
    Property ID
    US73-5982073
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1916 Marshall St

    Year built
    1920
    Lot size
    1.81 lot acres
    Zone code
    R2
    Property type
    Commercial real estate
    APN
    63-00-05128-00-2
    APU
    630005128002

    Description

    This exceptional commercial property located at 1916 W Marshall Street in Norristown, Pennsylvania, offers four distinct office suites for lease on the second floor. The property sits on a generous 1.81-acre lot, providing ample space and potential for future expansion. The suites are individually sized and offer flexibility for various business needs. Suite 1.2.A encompasses 840 square feet, while Suite 1.2.B and Suite 1.2.D each measure 700 square feet. The largest suite, 1.2.C, offers a substantial 1,660 square feet of usable space. Each suite is available for lease under a modified gross lease structure, meaning tenants are responsible for the cost of electricity and oil. This presents an excellent opportunity for businesses seeking well-appointed office space in a desirable Norristown location. The property's substantial lot size offers significant potential for future development or expansion, making it an attractive investment for long-term growth. The individual suite sizes cater to a range of business requirements, from small startups to larger established companies. This prime location in Norristown provides easy access to major transportation routes and local amenities. Inquire today to learn more about leasing opportunities and pricing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,949,000
      Market price range: $2.95M - $5.81M
      AI Estimate
      $1,786,000
      Market price range: $1.79M - $4.27M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    West Norriton
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3738
    Latitude
    40.1335
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,755
    $0.00
    $0.00
    $813,730
    -
    $0.00
    $0.00
    $813,730

    Comparable in this City

    • Value Estimation by Request
      2,097 SF

      2620 Egypt Rd

      COMMON AREA (COMMERCIAL)
      2620 Egypt Rd, Norristown, PA 19403-2302
      View Details
    • Value Estimation by Request
      25,356 SF

      611 Trooper Rd

      COMMON AREA (COMMERCIAL)
      611 Trooper Rd, Trooper, PA 19403-2309
      View Details
    • Value Estimation by Request
      9,999 SF

      420 Germantown Pike

      COMMON AREA (COMMERCIAL)
      420 Germantown Pike, East Norriton, PA 19403-4230
      View Details
    • Value Estimation by Request
      4,812 SF

      3025 Rdg Pikece

      COMMON AREA (COMMERCIAL)
      3025 Rdg Pikece, Norristown, PA 19403-1538
      View Details
    • Value Estimation
      $1,035,000
      12,838 SF

      2118 Main St

      COMMERCIAL (GENERAL)
      2118 Main St, West Norriton, PA 19403-3083
      View Details
    • Value Estimation
      $730,000
      8,297 SF

      3233 Rdg Pike

      COMMERCIAL (GENERAL)
      3233 Rdg Pike, Eagleville, PA 19403-1587
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Mixed-Use Property with High Traffic

      Mixed-use commercial property with daycare, apartments, and parking.
      1955 W Main St, Eagleville, PA 19403
      View Details
    • Contact for pricing
      1.76 Acres

      Prime Norristown Office Building

      Trooper Road Office Space - High Visibility
      536 Trooper Rd, Norristown, PA 19403
      View Details
    • $500,000
      6,867 SF

      Norristown Commercial Revitalization District Property

      Commercial property in Norristown's Revitalization District with high traffic.
      1445 W Main St, Norristown, PA 19403
      View Details
    • Contact for pricing
      6,325 SF

      Industrial Building on Fenced Lot

      6,325 SF building on 1.29 acre fenced lot.
      915 S Trooper Rd, Norristown, PA 19403
      View Details
    • Contact for pricing
      1.27 Acres

      Norristown Office Space for Lease

      Second-floor office, 500 sq ft, great location.
      3120 Ridge Pike, Norristown, PA 19403
      View Details
    • Contact for pricing
      6,500 SF

      Single-Tenant Building Near Hospital

      6,500 SF building near Jefferson Einstein Montgomery Hospital Campus.
      716 W Germantown Pike, Norristown, PA 19403
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Valley Forge Single Tenant Opportunity

      Single tenant office building available for rent in Valley Forge.
      1001 Adams Ave, Norristown, PA 19403
      View Details
    • Contact for pricing
      5,730 SF

      Office Space in Norristown

      5,730 square feet of office space available for rent.
      2460 General Armistead Ave, Norristown, PA 19403
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space on Ridge Pike

      Retail space with high visibility and excellent accessibility.
      3140 Ridge Pike, Norristown, PA 19403
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space with Ample Parking

      Retail space in a densely populated area with great visibility.
      2101-2115 W Main St, Norristown, PA 19403
      View Details
    • Contact for pricing

      Renovated Office Space For Rent

      Newly renovated office space with flexible layout and ample parking.
      29 S Trooper Rd, Eagleville, PA 19403
      View Details
    • Contact for pricing
      20,000 SF

      Norristown Warehouse Space Available

      20,000 sqft warehouse space for rent in Norristown.
      2564 Boulevard Of The Generals, Norristown, PA 19403
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1916 Marshall St
    Norristown, PA 19403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1916 Marshall St, Norristown, PA, 19403
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!