Financial
Distress signals
Property profile

3140 Ridge Pike Eagleville, PA 19403

FOR LEASE
Strip malls
Property ID
US73-2228501
13,887 SF 1.1 ac lot Built 1955
Last sale Apr 1998 · $435,897
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space is located on Ridge Pike in Norristown, Pennsylvania, along a heavily traveled corridor with access to the Norristown Transportation Center via SEPTA bus lines. The unit comprises approximately 1,500 square feet and features large plate-glass showcase windows with opportunities for retail signage. The space is within the RPB (Ridge Pike Business District) zoning designation, which allows most office and retail store uses. The building is part of a tenant mix that includes a variety of food and beverage, personal services, and retail uses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$29k
Tax billed · 2023
Assessed value · 2024$702k
Assessed land$154k
Assessed improvement$548k
Effective rate4.08%

Value estimate

· Sep 2026
$515k
$464k – $567k
Sales comparison$749k
NOI build-up
Gross scheduled income$27k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 724.24% cap applied$18k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
County average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$63 – $218
Qualifying comparables3

Cap rate analysis

How does the asset earn?
724.24%
$18k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
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 agency18.9
Law Firm15.8
Dental Office15.7

Location

3140 Ridge Pike Eagleville, PA 19403
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2115 Main, Norristown, PA 19403 $1,420,000 Jul 2023 21,788 SF
2450-2454 Main, West Norriton, PA 19403 $1,750,000 Jul 2022 20,669 SF
2825 Rdg, Norristown, PA 19403-1576 $1,144,000 Feb 2020 13,500 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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