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Property profile & analytics
OFF-MARKET
Investment properties

516 Dekalb St Bridgeport, PA 19405-1134

4,309 SF 0.12 ac lot Built 1900
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-5960497
Property summary
AI-generated overview

This attractive office space at 516 Dekalb Street in Norristown, Pennsylvania, offers a convenient and professional work environment. Located just one block from the courthouse, this property provides easy access to legal and government services. The space includes a private office, along with shared access to a well-appointed conference room and a shared kitchen area. The monthly rent includes high-speed internet access, electricity, water, and HVAC, ensuring a hassle-free and cost-effective workspace. The building itself boasts a charming and appealing aesthetic. The lot size is 0.03 acres. This is an ideal solution for a solo practitioner, small business, or anyone seeking a professional office space in a central Norristown location. The shared amenities promote a collaborative atmosphere while maintaining the privacy of individual offices. The inclusion of utilities in the monthly rent simplifies budgeting and administration. The proximity to the courthouse makes this location particularly attractive for legal professionals or businesses that frequently interact with the court system. This is a rare opportunity to secure a well-maintained and conveniently located office space in a desirable area of Norristown.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Total area 4,309 SF
Lot 0.12 ac (5,200 SF)
Zoning code BP
APN 02-00-00916-00-9
UPID US73-5960497
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gerald S Nachman · 6 yrs held
Gerald S Nachman
since 2020
Last sale
$175,000
5 recorded transactions
2020
$175,000
2019
$140,000
2014
Price N/A
2006
$310,000
1969
Price N/A
Zoning & alternative use
BP · Bridgeport, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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