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    Property profile & analytics

    403 Main St Norristown, PA 19401-5164

    • Specialty properties
    • 6,688 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $380,000
    Last Sale
    Aug 05, 2021
    Location Intelligence
    Property ID
    US73-2506312
    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

    • Caramenico Funeral Home & Cremation Services, Inc. / Cremation Service / Funeral Home

    Property Details for 403 Main St

    Year built
    1900
    Lot size
    0.09 lot acres
    Property size
    6,688 SF
    Zone code
    NC
    Property type
    Specialty properties
    APN
    13-00-22100-00-9
    APU
    130022100009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $485,000
      6.5%
      $490,000
      7%
      $460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $455,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $555,000
      Retail
      $450,000
      Mixed-Use
      $550,000
      Hospitality
      $420,000
      Educational
      $535,000
      Residential Income
      $560,000
      Energy
      $485,000
      Income-Based Land
      $510,000
      Food Service
      $440,000

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3366
    Latitude
    40.1119
    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
    $10,637
    $39,900
    $133,380
    $173,280
    -
    $39,900
    $133,380
    $173,280

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      628 Arch St

      CHARITABLE ORGANIZATION • 0.03 Acres
      628 Arch St, Norristown, PA 19401
      View Details
    • Value Estimation by Request
      0.03 Acres

      620 Arch St

      CHARITABLE ORGANIZATION • 0.03 Acres
      620 Arch St, Norristown, PA 19401
      View Details
    • Value Estimation by Request

      1246 Main St

      CHARITABLE ORGANIZATION
      1246 Main St, Norristown, PA 19401-4333
      View Details
    • Value Estimation by Request
      10,069 SF

      800 Main St

      FUNERAL HOME • 10,069 SF
      800 Main St, Norristown, PA 19401-5502
      View Details
    • Value Estimation by Request
      6,800 SF

      920 Haws Ave

      CHARITABLE ORGANIZATION • 6,800 SF
      920 Haws Ave, Norristown, PA 19401-3738
      View Details
    • Value Estimation by Request
      2,775 SF

      1 Hartranft Ave

      CHARITABLE ORGANIZATION • 2,775 SF
      1 Hartranft Ave, Norristown, PA 19401-4345
      View Details

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      Buildable lot in Norristown, buyer to perform due diligence.
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    Similar Nearby for Lease

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      Excellent commercial space in a rapidly growing area.
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      NORRISTOWN Commercial Space For Lease

      Commercial space suitable for office, workspace, or small store.
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      Medical and office space for lease with abundant parking.
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    • Contact for pricing
      2,790 SF

      Retail Space on Main Street

      Retail space with high visibility and foot traffic available for lease.
      215 W Main St, Norristown, PA 19401
      View Details
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    403 Main St
    Norristown, PA 19401-5164
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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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