205 Dekalb St Norristown, PA 19401-4903
- Investment properties
- 2,520 SF
- 0.02 lot acres
Current Use by Public Records
- Pro Future Properties Inc / Real Estate Agency
Property Details for 205 Dekalb St
- Year built
- 1900
- Lot size
- 0.02 lot acres
- Property size
- 2,520 SF
- Zone code
- TC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 13-00-09880-00-7
- APU
- 130009880007
Description
This exceptional ground floor commercial space, located at 205 Dekalb Street in Norristown, Pennsylvania, presents a unique opportunity for a variety of businesses. The 0.02-acre lot boasts a highly visible location on busy Dekalb Street, within a vibrant and walkable area of Norristown's historic district. Its convenient location offers easy access to a wealth of amenities, including nearby downtown businesses, shopping centers, and various transportation options. The zoning permits a wide range of uses, providing flexibility for potential tenants. These uses include, but are not limited to, retail establishments, restaurants, office spaces, and general commercial enterprises. The property's high-traffic location ensures excellent visibility and accessibility for customers. Its strategic position provides convenient access to major highways, including Routes 202, 476, 76, and the Pennsylvania Turnpike, making it an ideal location for businesses seeking strong regional connectivity. Tenants are responsible for electric and gas utilities. The property's size is not specified, but its prime location and versatile zoning make it an attractive investment opportunity. Interested parties are encouraged to inquire for further details and to explore the potential of this exceptional commercial space. This is a rare opportunity to establish a business in a thriving and historic area of Norristown.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $260,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $270,000
- Mixed-Use
- $260,000
- Hospitality
- $245,000
- Educational
- $255,000
- Residential Income
- $240,000
- Energy
- $275,000
- Income-Based Land
- $235,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Norristown
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.3429
- Latitude
- 40.1133
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
