Technical
Financial
Distress signals
Property profile

24 Main St Norristown, PA 19401

OFF-MARKET
Turn key restaurants
Property ID
US73-5494301
9,456 SF 0.11 ac lot Built 1900
Individually Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 9,456 SF
Lot 0.11 ac (4,997 SF)
Zoning code TC
APN 13-00-22380-00-8
UPID US73-5494301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service Building Supply
  • Restaurant

Location

24 Main St Norristown, PA 19401-4741
Norristown metro Census 203902 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2012
7 recorded transactions
2012
$100,000
2011
$2,278
2008
Price N/A
2007
$370,000
2004
Price N/A
2001
$148,500
1969
Price N/A

Zoning & alternative use

TC · Norristown, PA
Zoning description

TC Town Center District § 320-128 Legislative intent. § 320-129 Use regulations. § 320-130 Dimensional criteria. § 320-131 Off-street parking and loading. § 320-132 Architectural and site design standards. § 320-133 Desi…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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