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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Warehouses
503 Hurst Aly Norristown, PA 19401-4208
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1813080
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Total area
9,120 SF
Lot
0.13 ac (5,800 SF)
Zoning code
R2
APN
13-00-16884-00-5
UPID
US73-1813080
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rementer Inc General Contractor Construction Company
-
SERVPRO of Norristown Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$373k
Blend (final)
Blend
$560k
Owner & transaction history
Rgw Estate LLC · 5 yrs held
Rgw Estate LLC
since 2020
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
R2 · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norristown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norristown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$610,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±10% · vs last sale $540k (Nov 2 2020)
Last sale anchor
$540k
Nov 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,674
Tax year 2023
Assessed value
$125,000
Assessed 2024
Previous assessed
$125,000
+0.0% YoY
Effective rate
6.14%
On assessed value
Assessed land
$19,694
Assessed improvement
$105,306
Land market value
$19,694
Improvement market value
$105,306
Total market value
$125,000
Applied tax rate
13.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Heating
OTHER
Cooling
WINDOW A/C
Stories
2
Total area
9,120 SF
Lot
0.13 ac (5,800 SF)
Zoning code
R2
APN
13-00-16884-00-5
UPID
US73-1813080
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Norristown, PA
Zoning R2 · permitted uses
R2 · Norristown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norristown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
OTHER
Cooling
Yes
Stories
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Rgw Estate LLC
Entity
Mailing address
503 HURST ALY, NORRISTOWN, PA 19401-4208
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
$540,000
Rgw Estate LLC
Norristown Holdings LLC
Grant Deed
—
Oct 16, 2017
—
Norristown Holdings LLC
—
Grant Deed
related
$1,330,000 · Hyperion Bk
Jun 14, 2017
$52,000
Norristown Holdings LLC
Edward C Rementer
Deed
—
Aug 4, 2003
$280,000
Joan C Rementer
Bono,theresa L
Grant Deed
$224,000 · First Financial Bank NA
—
—
Joan E Rementer
—
Deed Of Trust
related
$50,000 · First Financial Bank NA
—
—
Edward C Rementer
—
Deed Of Trust
related
$210,000 · Willow Financial Bank
—
—
Edward C Rementer
—
Deed Of Trust
related
$140,000 · Willow Financial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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