Technical
Financial
Distress signals
Property profile

490 Norristown Rd 2 Blue Bell, PA 19422

OFF-MARKET
Office Spaces
Property ID
US73-6000299
8,492 SF 0.19 ac lot Built 1990
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1990
Total area 8,492 SF
Lot 0.19 ac (8,492 SF)
Zoning code C1
APN 66-00-04723-30-5
UPID US73-6000299

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Telecommunications Service
  • Bank Credit Union
  • Insurance Agency
  • Physician

Location

490 Norristown Rd, Unit 2 Blue Bell, PA 19422-2350
Blue Bell metro Census 203208 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$375k

Owner & transaction history

since 2017
7 recorded transactions
2017
$2.7M
2015
$3.5M
2015
Price N/A
2007
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1 · Blue Bell, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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