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Financial
Distress signals
Property profile

2621 Van Buren Ave Norristown, PA 19403

FOR LEASE
Office buildings
Property ID
US73-1372702
238,161 SF 12 ac lot Built 1965
Last sale Aug 2019 · $32,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2621 Van Buren Ave, Norristown, PA 19403 For Lease
$11,240,000 17,600 SF available
2621 Van Buren Ave, Norristown, PA 19403
View Listing

Property summary

AI-generated overview

This office property comprises 8,650 square feet of space and includes shared amenities. The building features renovated common areas and an on-site internet café/food service, along with access to a multi-purpose meeting room. Parking is provided at a ratio of 4.00 spaces per 1,000 square feet. The property is located at 2621 Van Buren Ave in Norristown, with convenient access to the Pennsylvania Turnpike, Interstate 76, and Route 202.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$248k
Tax billed · 2023
Assessed value · 2024$6.09M
Effective rate4.08%

Value estimate

· Oct 2026
$11.24M
$10.12M – $12.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$174/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$109 – $265

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.3
Law Firm19.5
Auto Repair Shop19.0

Location

2621 Van Buren Ave Norristown, PA 19403
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1010 Adams, Norristown, PA 19403-2434 $5,350,000 Aug 2024 50,844 SF
2500 Monroe, Norristown, PA 19403-2421 $6,500,000 Dec 2022 73,551 SF
1000 Madison, Norristown, PA 19403-2426 $1,750,000 Jan 2019 100,024 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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