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Property profile & analytics
OFF-MARKET
Specialty properties

401 Dekalb St Norristown, PA 19401-4909

53,246 SF 0.28 ac lot Built 1950
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-5398959
Property summary
AI-generated overview

This exceptional single-tenant office space, located at 401 DeKalb Street in Norristown, Pennsylvania, 19401, presents a unique opportunity for businesses seeking a prominent location. The property, built in 1950, comprises a single, one-story building totaling 6,500 square feet. Its traditional office layout is ideal for a variety of professional uses. The property's zoning is classified as TC. Situated in the heart of downtown Norristown, directly behind the courthouse, this location offers unparalleled convenience and visibility. A significant advantage is the dedicated parking directly across the street, ensuring easy access for employees and clients. This prime location within a thriving business district provides excellent accessibility and exposure. The building itself is a single structure, offering a cohesive and efficient workspace. The property is perfect for businesses seeking a well-established, easily accessible location in a desirable area of Norristown. This is an exceptional opportunity to secure a substantial and well-positioned office space in a highly sought-after location.

Property profile
Verified
Property type Specialty properties
Use group SBE - SPECIAL ASSESSMENTS
Year built 1950
Total area 53,246 SF
Lot 0.28 ac (12,140 SF)
Zoning code TC
APN 13-00-09924-00-8
UPID US73-5398959
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
  • Hangley Aronchick Segal Pudlin & Schiller Family Law Blog Law Firm
  • Maternity Care Coalition Medical Clinic
  • Theatre Horizon Theater & Performing Art Venue
  • The Madden School Daycare Center
  • Kaiser Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tax Cred Cap LLC · 17 yrs held
Tax Cred Cap LLC
since 2008
6 recorded transactions
2021
Price N/A
2008
Price N/A
2007
$725,000
1998
$150,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TC · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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