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    Property profile & analytics

    3241 Rdg Pike Norristown, PA 19403-1409

    • Retail properties
    • 3,128 SF
    • 0.83 lot acres
    OFF-MARKET
    Value Estimation
    $760,000
    Last Sale
    Aug 23, 2024
    $775,000
    Location Intelligence
    Property ID
    US73-1685732
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Executive Collision of Eagleville / Auto Dent Removal Service / Auto Body Shop

    Property Details for 3241 Rdg Pike

    Year built
    1950
    Lot size
    0.83 lot acres
    Property size
    3,128 SF
    Zone code
    GC
    Property type
    Retail properties
    APN
    43-00-11989-00-1
    APU
    430011989001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $695,000
      6.5%
      $790,000
      7%
      $820,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $705,000
      Geo Method
      $685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $750,000
      Mixed-Use
      $755,000
      Hospitality
      $665,000
      Educational
      $720,000
      Residential Income
      $690,000
      Energy
      $890,000
      Income-Based Land
      $750,000
      Food Service
      $780,000

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.4064
    Latitude
    40.1591
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,492
    $175,070
    $82,180
    $257,250
    -
    $175,070
    $82,180
    $257,250

    Comparable in this City

    • Value Estimation by Request
      17,523 SF

      400 Park Ave

      NURSERY, GREENHOUSE, FLORIST • 17,523 SF
      400 Park Ave, Norristown, PA 19403-1345
      View Details
    • Value Estimation
      $860,000
      1,980 SF

      2331 Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 1,980 SF
      2331 Main St, West Norriton, PA 19403-3018
      View Details
    • Value Estimation
      $285,000
      2,337 SF

      2001 Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,337 SF
      2001 Main St, West Norriton, PA 19403-3003
      View Details
    • Value Estimation
      $450,000
      8,002 SF

      1018 Germantown Pike

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 8,002 SF
      1018 Germantown Pike, East Norriton, PA 19403-3906
      View Details
    • Value Estimation
      $1,085,000
      8,610 SF

      1036 Germantown Pike

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 8,610 SF
      1036 Germantown Pike, East Norriton, PA 19403-3906
      View Details
    • Value Estimation
      $385,000
      4,775 SF

      1450 Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,775 SF
      1450 Main St, West Norriton, PA 19403-3226
      View Details

    Similar Nearby for Sale

    • New
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      0.20 Acres

      Norristown Commercial Revitalization District Property

      Commercial property in Norristown's Revitalization District with high traffic.
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      Prime Corner Retail Development Opportunity

      Retail development opportunity in high-density market.
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      Residential Lot in Established Neighborhood

      5,625 SF lot for new home construction.
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      1.76 Acres

      Prime Norristown Office Building

      Trooper Road Office Space - High Visibility
      536 Trooper Rd, Norristown, PA 19403
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      Multi-Family Investment Opportunity

      Multi-family property in Audubon, PA, with expansion potential.
      2790 Egypt Rd, Audubon, PA 19403
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      Industrial Building on Fenced Lot

      6,325 SF building on 1.29 acre fenced lot.
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    Similar Nearby for Lease

    • $20 SF/Yr
      1,500 SF

      Retail Space on Ridge Pike

      Retail space with high visibility and excellent accessibility.
      3140 Ridge Pike, Norristown, PA 19403
      View Details
    • Contact for pricing
      3,400 SF

      Retail Space with Ample Parking

      Retail space in a densely populated area with great visibility.
      2101-2115 W Main St, Norristown, PA 19403
      View Details
    • Contact for pricing
      3,200 SF

      Retail Building Near Medical Center

      Freestanding retail building with ample parking and great visibility.
      2905 Whitehall Rd, Norristown, PA 19403
      View Details
    • Contact for pricing
      63,045 SF

      Ridge Pike Plaza Retail Space

      Eagleville, PA Retail Center - Lease Opportunity
      3200 Ridge Pike, Eagleville, PA 19403
      View Details
    • Contact for pricing
      5,100 SF

      Freestanding Retail Building on Eagle Road

      5,100 SF retail building with high visibility and parking.
      2609 Egypt Rd, Norristown, PA 19403
      View Details
    • $25 SF/Yr
      1,200 SF

      Renovated Retail Space on Main

      Newly renovated retail space with parking and pylon signage.
      2448 W Main St, Norristown, PA 19403
      View Details
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    Norristown, PA 19403-1409
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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