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Property profile & analytics
OFF-MARKET Estimated value $900,000
Commercial land

401 Norristown Rd Horsham, PA 19044-1218

1.5 ac lot Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US73-0072754
Property summary
AI-generated overview

This exceptional Horsham, Pennsylvania retail property, located at 401 Norristown Road, presents a unique investment opportunity. The 1.5-acre site boasts a total of 19,145 square feet of retail space, currently entirely vacant and ready for immediate occupancy. The property is configured to accommodate multiple tenants, offering flexible space options. Individual units range from a minimum divisible size of 2,000 square feet to a maximum contiguous space of 8,466 square feet, providing versatility for a variety of retail businesses. The property's classification includes both residential and commercial designations, reflecting its potential for diverse uses. Its strategic location in Horsham, PA, zip code 19044, offers excellent visibility and accessibility for customers. The entire 19,155 square feet of vacant space presents a blank canvas for a new retail development or the expansion of an existing business. This property is ideal for entrepreneurs seeking a prominent location to establish their business or for investors looking for a high-potential retail investment in a thriving Pennsylvania market. The property's size and layout offer significant potential for customization and adaptation to meet the specific needs of prospective tenants. This is a rare opportunity to acquire a substantial retail space in a desirable location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1968
Lot 1.5 ac (65,296 SF)
Zoning code LC3
APN 36-00-05563-00-8
UPID US73-0072754
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
  • EP5 Carpet Cleaning Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$900k
Owner & transaction history
401 Thc LLC · 4 yrs held
401 Thc LLC
since 2021
Last sale
$900,000
7 recorded transactions
2021
$900,000
2005
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LC3 · Horsham, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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