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    9 Forrest Ave Norristown, PA 19403
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    Property profile & analytics

    9 Forrest Ave, Norristown, PA 19403

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    • Industrial properties
    • 49,117 SF
    • 3.47 lot acres
    Renovated Commercial/Industrial Space for Lease For Sale
    $4,625,000
    6,212 SF

    Renovated Commercial/Industrial Space for Lease

    Recently renovated commercial/industrial space with offices and warehouse.

    9 S Forrest Ave, Norristown, PA
    View Listing
    Property ID
    US73-0336104
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • LCR Embedded Systems, Inc. / Factory / Production Facility
    • 911 Safety Equipment LLC / Building Supply / General Contractor
    • 911 Rental Gear / (Bike/Boat/Book/etc) Store / Rental Equipment Company

    Property Details for 9 Forrest Ave

    Year built
    1950
    Lot size
    3.47 lot acres
    Zone code
    LCI
    Property type
    Industrial properties
    APN
    63-00-02473-00-2
    APU
    630002473002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 30, 2022 $4,510,000 Five III Pa1 LLC Forest Business Center LLC Special Warranty Deed —
    Mar 18, 2014 $645,820 Forest Business Center LLC Montgomery Cnty Indl Dev Co Grant Deed —
    Dec 7, 2010 — Forest Business Center LLC — Deed Of Trust · related $1.2M · Pnc Bank
    Sep 7, 2000 — Montgomery County Industrial 9 South Forest Associates Grant Deed $200k · Montgomery County Development
    — — Forest Business Center LLC — Deed Of Trust · related $585k · National Penn Bank
    — — 9 South Forest Associates — Deed Of Trust · related $1.6M · Wilmington Trust Of Pennsylvia
    — — Forest Business Center LLC — Deed Of Trust · related $450k · National Penn Bank
    — — Forest Business Center LLC — Deed Of Trust · related $976k · Mellon Bank
    — — Forest Business Center LLC — Deed Of Trust · related $100k · Forest Business Center LLC
    — — Dev Auth Montgomery Industrial — Deed Of Trust · related $646k · Industrial Dev Authority Pa
    — — Forest Business Center LLC — Deed Of Trust · related $50k · Montgomery Country Industrial
    — — 9 South Forest Associates — Deed Of Trust · related $262k · Wilmington Trust Of Pennsylvia
    — — Forest Business Center LLC — Deed Of Trust · related $646k · Pnc Bank

    Description

    Exceptional opportunity to lease in the Forrest Business Center, a recently renovated (2024) industrial property featuring two available suites. Suite #300 offers 6,212 square feet of versatile space, ideally suited for a variety of uses. This single-story unit boasts 1,596 square feet of office space and 4,616 square feet of warehouse space, complete with 480v three-phase electric power, air conditioning, and two drive-in doors (25'H x 13' & 9'H x 8'). Also available is Suite #100, a two-story unit encompassing 29,620 square feet. Currently configured with 11,536 square feet of office space and 17,021 square feet of warehouse space, the owner plans to reduce the office area to 3,245 square feet, expanding the warehouse to 25,312 square feet. Both suites benefit from a secure, fenced property, updated LED lighting, fresh paint, new flooring, and renovated bathrooms. The property is zoned LC&I (Limited Commercial & Industrial), offering flexibility for various commercial and light industrial businesses. Conveniently located with easy access to Routes 202 and 363 via Main Street (Ridge Pike). Monthly rent includes CAM charges of $3.00 per square foot. Utilities are separate. Contact us today to schedule a viewing.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,670,000
      ML approach
      $4,810,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $4,835,000
      RESTAURANT
      $4,645,000
      OFFICE BUILDING
      $4,360,000
      COMMERCIAL (GENERAL)
      $4,300,000
      INDUSTRIAL (GENERAL)
      $4,105,000
      MEDICAL BUILDING
      $3,585,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    West Norriton
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3651
    Latitude
    40.1218
    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
    $54,083
    $134,230
    $972,730
    $1,106,960
    -
    $134,230
    $972,730
    $1,106,960
    View Listing
    More about this property
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