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Property profile & analytics
OFF-MARKET Estimated value $870,000
Investment properties

670 Airy St Norristown, PA 19401-5129

10,433 SF 0.31 ac lot Built 1948
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US73-1450177
Property summary
AI-generated overview

This versatile 10,433 square foot property in Norristown, PA, presents a unique opportunity for businesses needing office and substantial storage space. Located at 670 E Airy St, this single-tenant building boasts a blend of professional office space and a spacious garage/warehouse area, ideal for businesses requiring both. The 1,200 square feet of vacant office space features a welcoming entry, two half-baths, and connects seamlessly to the expansive garage/warehouse. This area includes three overhead doors with electric openers, ample room for at least three large vehicles, and additional space for equipment and storage. A second-floor loft provides extra storage capacity. The 0.3-acre lot includes a large paved area for parking, supplementing the 16 available parking spaces. Built in 1948 and renovated in 2021, the three-story building offers 100 feet of frontage on Sandy St, near Tremont Ave. The property is zoned 4100 Mix (Retail, Office, Apartments - Multi-Use) in Montgomery County, conveniently located in the Norristown Boro submarket, just blocks from Plymouth Township. Utilities are straightforward: tenants are responsible for their electricity (including HVAC via a heat pump) and trash removal

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1948
Total area 10,433 SF
Lot 0.31 ac (13,328 SF)
Zoning code R2
APN 13-00-33200-00-6
UPID US73-1450177
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
by Request
Comparable Approach Comparable
$845k
Blend (final) Blend
$870k
Owner & transaction history
B & J 2018 Properties LLC · 7 yrs held
B & J 2018 Properties LLC
since 2018
3 recorded transactions
2018
$705,000
2013
$640,000
1969
Price N/A
Zoning & alternative use
R2 · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.4M +104.7%
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