2 Noble St Norristown, PA 19401
- Warehouses
- 8,418 SF
- 0.24 lot acres
Current Use by Public Records
- Payne's Painting & Renovations / Painter
Property Details for 2 Noble St
- Year built
- 1950
- Lot size
- 0.24 lot acres
- Property size
- 8,418 SF
- Zone code
- R2
- Property type
- Warehouses
- APN
- 13-00-16988-00-9
- APU
- 130016988009
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $170,000
- 6.5%
- $155,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $155,000
- Mixed-Use
- $125,000
- Hospitality
- $160,000
- Educational
- $150,000
- Residential Income
- $125,000
- Energy
- $155,000
- Income-Based Land
- $145,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Norristown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.3591
- Latitude
- 40.1178
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA