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Property profile & analytics
OFF-MARKET
Estimated value
$31,750,000
Warehouses
603 General Washington Ave West Norriton, PA 19403-3662
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0287585
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
32,079 SF
Lot
2.36 ac (102,802 SF)
Zoning code
LCI
APN
63-00-02589-30-9
UPID
US73-0287585
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
-
Peirce-Phelps, Inc. Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$31.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$31.75M
Owner & transaction history
Valley Forge Business Center Owner · 1 yrs held
Valley Forge Business Center Owner
since 2024
Last sale
$31.8M
5 recorded transactions
Zoning & alternative use
LCI · West Norriton, 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 West Norriton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Norriton 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
$31,750,000
ML approach
$31,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$31.75M
Range $28.58M – $34.93M · ±10% · vs last sale $31.75M (Aug 19 2024)
Last sale anchor
$31.75M
Aug 19 2024
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
$990 / 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
$51,478
Tax year 2023
Assessed value
$1,053,640
Assessed 2024
Previous assessed
$1,053,640
+0.0% YoY
Effective rate
4.89%
On assessed value
Assessed land
$360,850
Assessed improvement
$692,790
Land market value
$360,850
Improvement market value
$692,790
Total market value
$1,053,640
Applied tax rate
63.0000
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
1991
Heating
HEAT PUMP
Cooling
CENTRAL
Total area
32,079 SF
Lot
2.36 ac (102,802 SF)
Zoning code
LCI
APN
63-00-02589-30-9
UPID
US73-0287585
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LCI · West Norriton, PA
Zoning LCI · permitted uses
LCI · West Norriton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Norriton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
HEAT PUMP
Cooling
Yes
Lot
2.36 ac
Current owner
From public records · entity-resolved
Valley Forge Business Center Owner
Individual
Mailing address
4 RADNOR CORPORATE CTR STE #105, RADNOR, PA 19087-4578
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2024
$31,750,000
Valley Forge Business Center Owner
Western Valley Forge Business Cente
Special Warranty Deed
$19,000,000 · First Citizens Bank & Trust Co
Oct 22, 2019
—
Western Vly Forge Busn Ctr LLC
—
Grant Deed
related
—
Oct 7, 2011
$5,350,000
Iit Valley Forge Busn Center L
Realty Assocs Keystone St Ind
Grant Deed
—
Aug 8, 2000
—
Realty Associates Keystone Sta
Weld Associates LP
Grant Deed
related
—
Apr 28, 1999
—
Weld Associates LP
—
Deed Of Trust
related
$1,470,616 · Principal Commercial Funding
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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