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Property profile & analytics
OFF-MARKET
Warehouses
640 Main St Norristown, PA 19401-5123
Trust Owned
7-yr Hold
Free & Clear
Property ID
US73-5551682
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1920
Total area
3,762 SF
Lot
0.19 ac (8,125 SF)
Zoning code
LI
APN
13-00-21728-00-3
UPID
US73-5551682
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
-
Michael Granese Co-Cheese Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Irrevoc Trust Of Patricia M Flynn · 7 yrs held
Irrevoc Trust Of Patricia M Flynn
since 2019
5 recorded transactions
Zoning & alternative use
LI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,916
Tax year 2023
Assessed value
$63,800
Assessed 2024
Previous assessed
$63,800
+0.0% YoY
Effective rate
6.14%
On assessed value
Total market value
$63,800
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
1920
Heating
HOT WATER
Cooling
NONE
Total area
3,762 SF
Lot
0.19 ac (8,125 SF)
Zoning code
LI
APN
13-00-21728-00-3
UPID
US73-5551682
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
LI · Norristown, PA
Zoning LI · permitted uses
LI · 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
1920
Heating
HOT WATER
Cooling
Yes
Lot
0.19 ac
Current owner
From public records · entity-resolved
Irrevoc Trust Of Patricia M Flynn
Trust
Free & Clear · 7 yrs held
Mailing address
926 CAPITOL CIR, EAST NORRITON, PA 19403-4036
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Jan 7, 2019
—
Irrevoc Trust Of Patricia M Flynn
William Flynn
Quit Claim Deed
related
—
Apr 21, 2011
$110,000
William Flynn
Mendelsohn,scott
Grant Deed
—
Aug 10, 2010
$15,000
Scott Mendelsohn
Tax Claim Bureau Of Montgomery Cn
Tax Deed
—
Oct 23, 2008
$10,600
Sacul Ltd
Platinum Properties 1 LLC
Grant Deed
—
Sep 17, 2008
$550
Platinum Properties 1 LLC
Michael Granese
Grant Deed
—
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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