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Property profile & analytics
OFF-MARKET
Warehouses

321 Poplar St Norristown, PA 19401

8,489 SF 0.31 ac lot Built 1955
Individually Owned 2-yr Hold Free & Clear
Property ID
US73-6008701
Property summary
AI-generated overview

This 8,489-square-foot industrial property in Norristown, Pennsylvania, is available for $650,000 ($76.57/sq ft). Built in 1954, the single-building property sits on a 13,526-square-foot lot and features 12-foot ceilings, two loading docks, and parking for twelve vehicles. The building offers versatile space suitable for various uses, including manufacturing, research and development, and warehousing. Its location provides convenient access to major roadways like Route 202, the Pennsylvania Turnpike, I-76, and 476, as well as public transportation and Elmwood Park Zoo. The property is being sold "as-is," and the buyer is responsible for all necessary permits and compliance with zoning regulations. The property has three means of egress. Potential exists for future development, subject to applicable regulations. This presents a unique opportunity for businesses seeking a well-located industrial space in a thriving area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1955
Total area 8,489 SF
Lot 0.31 ac (13,526 SF)
Zoning code R1A
APN 13-00-30812-00-9
UPID US73-6008701
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Norristown Music Studio Recording Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael C Scaltrito · 2 yrs held
Michael C Scaltrito
since 2024
2 recorded transactions
2024
Price N/A
2004
$1
Zoning & alternative use
R1A · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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