Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    50 Brown St Norristown, PA 19401

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    50 Brown St Norristown, PA 19401

    View on Map
    • Medical Office Space
    • 27,798 SF
    • 2.33 lot acres
    Off-Market
    Property ID
    US73-1310648
    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.
    Value Estimations
    $1,505,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Medical Office Space

    Property Details for 50 Brown St

    Year built
    1965
    Lot size
    2.33 lot acres
    Property size
    27,798 SF
    Zone code
    R1A
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    13-00-05024-00-3
    APU
    130005024003

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,994,000
      Market price range: $1.99M - $5.56M
      AI Estimate
      $1,016,000
      Market price range: $1.02M - $3.49M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3331
    Latitude
    40.1268
    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
    $34,497
    $0.00
    $0.00
    $562,000
    -
    $0.00
    $0.00
    $562,000

    Comparable in this City

    • Value Estimation by Request
      3,991 SF

      1023 Main St

      MEDICAL BUILDING • 3,991 SF
      1023 Main St, Norristown, PA 19401-4406
      View Details
    • Value Estimation
      $2,165,000
      24,498 SF

      1437 Dekalb St

      MEDICAL BUILDING • 24,498 SF
      1437 Dekalb St, Norristown, PA 19401-3440
      View Details
    • Value Estimation by Request
      5,133 SF

      1021 Main St

      MEDICAL BUILDING • 5,133 SF
      1021 Main St, Norristown, PA 19401-4406
      View Details
    • Value Estimation
      $520,000
      9,223 SF

      100-102 Fornance St

      MEDICAL BUILDING • 9,223 SF
      100-102 Fornance St, Norristown, PA 19401
      View Details
    • Value Estimation by Request
      7,949 SF

      306 Logan St

      MEDICAL BUILDING • 7,949 SF
      306 Logan St, Norristown, PA 19401-2935
      View Details
    • Value Estimation by Request
      6,238 SF

      1411 Powell St

      MEDICAL BUILDING • 6,238 SF
      1411 Powell St, Norristown, PA 19401-3325
      View Details

    Similar Nearby for Sale

    • $3,871,000
      17,973 SF

      Renovated Medical Building For Sale

      Modern medical building renovated in 2019, ideal for healthcare services.
      1437 Dekalb St, Norristown, PA 19401
      View Details
    • $699,000
      1,800 SF

      Norristown Office/Commercial Building For Sale

      Two-story office/commercial building on a 0.33-acre lot.
      4 W Township Line Rd, Norristown, PA 19401
      View Details
    • $1,325,000
      8,000 SF

      Renovated Flex/Studio Space For Sale

      Recently renovated 8,000 SF flex/studio space near transportation.
      449 E Lafayette St, Norristown, PA 19401
      View Details
    • Contact for pricing
      14,576 SF

      Renovated Commercial/Industrial Space for Lease

      Recently renovated commercial/industrial space with offices and warehouse.
      9 Forrest Ave, Norristown, PA 19401
      View Details
    • Contact for pricing
      2,888 SF

      Mixed-Use Building in Norristown

      Three-story, 2,888 SF mixed-use building on 9,000 SF lot.
      317 W Johnson Hwy, Norristown, PA 19401
      View Details
    • Contact for pricing
      8,489 SF

      Warehouse/Office/Flex Space For Sale

      8,400+ sqft warehouse/office/flex space with loading docks.
      321 W Poplar St, Norristown, PA 19401
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      4,734 SF

      Class A Medical Office Space

      Medical and office space for lease with abundant parking.
      160 W Germantown Pike, Norristown, PA 19401
      View Details
    • $2,950 /Mo
      13,142 SF

      NORRISTOWN Commercial Space For Lease

      Prime commercial space suitable for office, medical, or retail use.
      363-365 W Johnson Hwy, Norristown, PA 19401
      View Details
    • Contact for pricing
      57,000 SF

      East Norriton Office Space Available

      57,000 SF office space for rent in East Norriton.
      301 East Germantown Pike, East Norriton, PA 19401
      View Details
    • Contact for pricing
      2,400 SF

      Norristown Office Space Available

      Recently renovated office space with modern amenities for rent.
      20 W Main St, Norristown, PA 19401
      View Details
    • Contact for pricing
      3,514 SF

      Norristown Office Space For Lease

      Office suites available for lease with build-to-suit options.
      320 E Johnson Hwy, Norristown, PA 19401
      View Details
    • $10 SF/Yr
      2,252 SF

      Norristown Office Building For Lease

      Office building for lease, ideal for professional businesses.
      541-543 Swede St, Norristown, PA 19401
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    50 Brown St
    Norristown, PA 19401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    50 Brown St, Norristown, PA, 19401

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!