401 Norristown Rd Horsham, PA 19044-1218
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC3 · Horsham, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.