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    Property profile & analytics

    523 Germantown Pike East Norriton, PA 19403-4231

    • Warehouses
    • 20,850 SF
    • 4.05 lot acres
    OFF-MARKET
    Value Estimation
    $1,865,000
    Last Sale
    Mar 16, 2021
    $1,520,000
    Location Intelligence
    Property ID
    US73-2053155
    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

    • Injury Attorney Spencer and Briggs / Trial Attorney

    Property Details for 523 Germantown Pike

    Year built
    1950
    Lot size
    4.05 lot acres
    Property size
    20,850 SF
    Zone code
    C
    Property type
    Warehouses
    APN
    33-00-03214-00-2
    APU
    330003214002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,960,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,450,000
      6.5%
      $1,470,000
      7%
      $1,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,600,000
      Geo Method
      $1,685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,620,000
      Retail
      $1,370,000
      Mixed-Use
      $1,210,000
      Hospitality
      $1,565,000
      Educational
      $1,435,000
      Residential Income
      $1,575,000
      Energy
      $1,610,000
      Income-Based Land
      $1,445,000
      Food Service
      $1,435,000

    Location Insight

    • Map
    • Local Demand
    City
    East Norriton
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3386
    Latitude
    40.1507
    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
    $32,402
    $452,530
    $235,270
    $687,800
    -
    $452,530
    $235,270
    $687,800

    Comparable in this City

    • Value Estimation by Request
      234,091 SF

      30 Eagleville Rd

      WAREHOUSE, STORAGE • 234,091 SF
      30 Eagleville Rd, Eagleville, PA 19403-1476
      View Details
    • Value Estimation by Request
      110,369 SF

      701 Township Line Rd

      WAREHOUSE, STORAGE • 110,369 SF
      701 Township Line Rd, East Norriton, PA 19403
      View Details
    • Value Estimation by Request
      14,000 SF

      1022 Germantown Pike

      WAREHOUSE, STORAGE • 14,000 SF
      1022 Germantown Pike, East Norriton, PA 19403-3946
      View Details
    • Value Estimation
      $4,205,000
      34,183 SF

      1030 Germantown Pike

      WAREHOUSE, STORAGE • 34,183 SF
      1030 Germantown Pike, East Norriton, PA 19403-3929
      View Details
    • Value Estimation
      $1,980,000
      23,520 SF

      2571 Industry Ln

      WAREHOUSE, STORAGE • 23,520 SF
      2571 Industry Ln, West Norriton, PA 19403-3907
      View Details
    • Value Estimation
      $340,000
      3,200 SF

      549 Foundry Rd

      WAREHOUSE, STORAGE • 3,200 SF
      549 Foundry Rd, West Norriton, PA 19403-3901
      View Details

    Similar Nearby for Sale

    • New
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      0.20 Acres

      Norristown Commercial Revitalization District Property

      Commercial property in Norristown's Revitalization District with high traffic.
      1445 W Main St, Norristown, PA 19403
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      Commercial-zoned warehouse featuring roll-up drive-in doors.
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      14.00 Acres

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      147,000 SF

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    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Norristown Warehouse Space Available

      20,000 sqft warehouse space for rent in Norristown.
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    • $15 SF/Yr
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      Norristown Office and Storage Space

      Office, apartment, and storage space available for lease.
      1217 S Trooper Rd, Norristown, PA 19403
      View Details
    • $11 SF/Yr
      8,782 SF

      Norristown Industrial Flex Space

      8,782 SF Flex Space Available Now
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      View Details
    • Contact for pricing
      6,669 SF

      Norristown Industrial Building For Rent

      Single-story industrial building suitable for warehouse, manufacturing, or office use.
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    • Contact for pricing
      17,879 SF

      Norristown Flex Space Available

      Flex space suitable for light industrial, distribution, or showroom.
      1012 W Germantown Pike, Norristown, PA 19403
      View Details
    • Contact for pricing
      9,000 SF

      Industrial Building with Office Space

      40,000 SF industrial building featuring warehouse and office space.
      2562 Boulevard Of The Generals, Norristown, PA 19403
      View Details
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    East Norriton, PA 19403-4231
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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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