Financial
Distress signals
Property profile

324 Cherry St Norristown, PA 19401

OFF-MARKET
Investment properties
Property ID
US73-1883787
2,458 SF 0.02 ac lot Built 1880
Last sale Feb 2026 · $220,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$3k
Tax billed · 2023
Assessed value · 2024$47k
Assessed land$16k
Assessed improvement$31k
Effective rate6.14%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 150 recorded sales of this use type
Observed band · Q1–Q3$42 – $89
Qualifying comparables19

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?
TC
TC Town Center District § 320-128 Legislative intent. § 320-129 Use regulations. § 320-130 Dimensional criteria. § 320-131 Off-street par...
General categoryCOMMERCIAL
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 agency42.0
Dental Office26.5
Spa & Massage16.9

Location

324 Cherry St Norristown, PA 19401-4733
County assessor Recorded deeds · 5 transfers 19 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

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
609 Swede, Norristown, PA 19401-3901 $135,000 Nov 2025 2,132 SF
24 Airy, Norristown, PA 19401-4722 $125,000 Jul 2025 2,799 SF
720 Marshall, Norristown, PA 19401-4578 $335,000 May 2025 3,495 SF
510 Main, Norristown, PA 19401-5121 $120,000 Mar 2025 2,368 SF
1022 Marshall, Norristown, PA 19401-4212 $475,000 Mar 2025 2,842 SF
249 Johnson, East Norriton, PA 19401-1927 $359,000 Feb 2025 3,570 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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