Property profile

2940 Dekalb Pike East Norriton, PA 19401

OFF-MARKET
Retail space
Property ID
US73-5874848
7,952 SF 1.05 ac lot Built 1951
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 7,952 square foot commercial property, situated on a 1.05-acre lot at 2940 Dekalb Pike in Norristown, PA, presents a significant investment opportunity. Located in a bustling business district of East Norriton Township, the building enjoys high visibility with its prominent frontage on State Road N. 202, near Germantown Pike. The property boasts a spacious parking lot accommodating over 40 vehicles, accessed via a convenient driveway. Currently, the building houses one tenant, with significant vacancy offering immediate income potential and flexibility for future development. The first floor features several vacant units, while the entire second floor of the main building is also available. The second floor offers the largest usable space, featuring a wide-open layout suitable for multiple tenants. An extended building at the rear is occupied by a health spa, with the possibility of continued lease occupancy. All units are equipped with secure door entrances. The property is meticulously maintained and has recently passed all necessary inspections. This prime location offers exceptional potential for business growth and expansion, making it an ideal investment for discerning buyers.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Total area 7,952 SF
Lot 1.05 ac (45,694 SF)
Zoning code C
APN 33-00-01927-00-2
UPID US73-5874848

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
  • Alternative Medicine Practice Spa & Massage Center
  • Auto Repair Shop

Location

2940 Dekalb Pike East Norriton, PA 19401-1515
East Norriton metro Census 203303 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$1.38M

Owner & transaction history

since 2026
Last sale
$1.1M
7 recorded transactions
2026
$1.1M
2014
$1.4M
2007
$670,000
2004
$665,000
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · East Norriton, PA

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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