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Property profile & analytics
FOR LEASE
Warehouses

2 Noble St Norristown, PA 19401

8,418 SF 0.24 ac lot Built 1950
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-0306152
Property summary
AI-generated overview

This 8,418-square-foot industrial property, also known as 943 Jackson Street, sits on a 0.24-acre lot in Norristown, PA. Currently zoned R-2, it offers a variety of permitted uses by special exception, including family daycare, group homes, offices, light manufacturing, assembly, professional offices, retail, limited restaurant, personal service shops, churches, and warehouse storage. The building has operated under a legal non-conforming use for an extended period. The lower level features approximately 600 square feet of storage space, along with a bathroom and potential locker room or office area. The main warehouse space boasts approximately 7,818 square feet of flat space with 12-foot ceilings and three roll-up doors. Loading capabilities are enhanced by a 10ft x 10ft loading dock door, plus two additional garage doors measuring 8ft x 9ft and 15.6ft x 9ft respectively. Its strategic location provides easy access to major roadways including Routes 202, 422, and 363, as well as the Schuylkill Expressway, I-76, I-276 (PA Turnpike), and I-476 (PA Turnpike Northeast Extension). This versatile property presents a significant opportunity for a variety of businesses seeking a well-situated industrial space.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 8,418 SF
Lot 0.24 ac (10,300 SF)
Zoning code R2
APN 13-00-16988-00-9
UPID US73-0306152
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
Current use
Occupant on record · Public records
  • Payne's Painting & Renovations Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Clj Properties LLC · 6 yrs held
Clj Properties LLC
since 2020
Last sale
$185,000
3 recorded transactions
2023
Price N/A
2020
$185,000
2002
$122,000
Zoning & alternative use
R2 · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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