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    Property profile & analytics

    489 Shoemaker Rd King Of Prussia, PA 19406-4235

    • Industrial properties
    • 66,000 SF
    • 4.51 lot acres
    OFF-MARKET
    Value Estimation
    $6,655,000
    Last Sale
    Jul 20, 2021
    $5,588,352
    Location Intelligence
    Property ID
    US73-2124280
    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

    • PharMerica – King of Prussia, PA / Pharmacy
    • Kimberly Dum, RPH / Pharmacy
    • Suzanne Carabello, RPH / Pharmacy
    • ServiceMark Heating, Cooling & Plumbing / Air Duct Cleaning Service / Heating Contractor
    • Allen & Goel Marketing Company / Commercial Printer / Digital Printer

    Property Details for 489 Shoemaker Rd

    Year built
    2000
    Lot size
    4.51 lot acres
    Property size
    66,000 SF
    Zone code
    LI
    Property type
    Industrial properties
    APN
    58-00-10030-20-8
    APU
    580010030208

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,490,000
      6.5%
      $5,460,000
      7%
      $5,005,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,070,000
      Geo Method
      $6,055,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,515,000
      Retail
      $5,850,000
      Mixed-Use
      $5,700,000
      Hospitality
      $4,890,000
      Educational
      $5,825,000
      Residential Income
      $5,115,000
      Energy
      $5,355,000
      Income-Based Land
      $5,205,000
      Food Service
      $5,650,000

    Location Insight

    • Map
    • Local Demand
    City
    King Of Prussia
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3533
    Latitude
    40.083
    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
    $76,885
    $0.00
    $0.00
    $2,494,800
    -
    $0.00
    $0.00
    $2,494,800

    Comparable in this City

    • Value Estimation by Request
      5.57 Acres

      489 Henderson Rd

      COMMON AREA (INDUSTRIAL) • 5.57 Acres
      489 Henderson Rd, King Of Prussia, PA 19406-3512
      View Details
    • Value Estimation
      $5,330,000
      48,425 SF

      480 Shoemaker Rd

      INDUSTRIAL (GENERAL) • 48,425 SF
      480 Shoemaker Rd, King Of Prussia, PA 19406-4237
      View Details
    • Value Estimation by Request

      Shoemaker Rd

      Flex space
      0 Shoemaker Rd, King of Prussia, PA 19406
      View Details
    • Value Estimation
      $3,315,000
      36,000 SF

      307 Church Rd, Unit D

      CONDOMINIUMS (INDUSTRIAL) • 36,000 SF
      307 Church Rd, King Of Prussia, PA 19406-2668
      View Details
    • Value Estimation
      $5,965,000
      50,190 SF

      305 Church Rd, Unit A

      CONDOMINIUMS (INDUSTRIAL) • 50,190 SF
      305 Church Rd, King Of Prussia, PA 19406-2620
      View Details
    • Value Estimation
      $1,890,000
      14,235 SF

      470 Shoemaker Rd

      CONDOMINIUMS (INDUSTRIAL) • 14,235 SF
      470 Shoemaker Rd, King Of Prussia, PA 19406-4212
      View Details

    Similar Nearby for Sale

    • $2,400,000

      King of Prussia Flex Space Investment

      Prime King of Prussia Industrial Lot
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    • $269,000
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      Professional Office Space in King

      Modern office space in a desirable commercial hub.
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      King of Prussia AT&T Investment

      NNN leased AT&T in King of Prussia, Pennsylvania.
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      King of Prussia Commercial Condominium

      Luxurious commercial condominium in King of Prussia with highway access.
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      Ambulatory Surgery Center For Sale

      Licensed ambulatory surgery center with multiple rooms and offices.
      625 Clark Ave, King of Prussia, PA 19406
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    Similar Nearby for Lease

    • Contact for pricing
      74,000 SF

      King of Prussia Flex Space Available

      74,000 SF Flex Building, Multiple Units
      450 Henderson Rd, King of Prussia, PA 19406
      View Details
    • $16 SF/Yr
      2,600 SF

      King of Prussia Warehouse Space

      2,600 SF warehouse with mezzanine office for lease.
      371 E Church Rd, King of Prussia, PA 19406
      View Details
    • Contact for pricing
      7,462 SF

      King of Prussia Warehouse Space

      Industrial space available for lease in King of Prussia, PA.
      3600 Horizon Dr, King of Prussia, PA 19406
      View Details
    • Contact for pricing
      92,000 SF

      King of Prussia Distribution Space

      Class A distribution space in premier Pennsylvania industrial park.
      3300 Horizon Dr, King of Prussia, PA 19406
      View Details
    • Contact for pricing
      49,112 SF

      King of Prussia Flex Building

      Single-story flex building near King of Prussia Town Center.
      1021 W 8Th Ave, King of Prussia, PA 19406
      View Details
    • Contact for pricing
      3,300 SF

      King of Prussia Retail Opportunity

      Prime retail pad site with drive-thru potential in King of Prussia.
      127 S Gulph Rd, King of Prussia, PA 19406
      View Details
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    King Of Prussia, PA 19406-4235
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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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