Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    9 Forrest Ave West Norriton, PA 19403-6016

    • Industrial properties
    • 49,117 SF
    • 3.47 lot acres
    OFF-MARKET
    Value Estimation
    $4,615,000
    Last Sale
    Jun 30, 2022
    $4,510,000
    Location Intelligence
    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.

    Current Use by Public Records

    • LCR Embedded Systems, Inc. / Electronics Manufacturer
    • 911 Safety Equipment LLC / Safety Equipment Supplier / Fire Protection Equipment Supplier
    • 911 Rental Gear / Equipment Rental Agency

    Property Details for 9 Forrest Ave

    Year built
    1950
    Lot size
    3.47 lot acres
    Property size
    49,117 SF
    Zone code
    LCI
    Property type
    Industrial properties
    APN
    63-00-02473-00-2
    APU
    630002473002

    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 Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,575,000
      6.5%
      $4,080,000
      7%
      $4,200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,015,000
      Geo Method
      $4,480,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,175,000
      Retail
      $4,740,000
      Mixed-Use
      $4,490,000
      Hospitality
      $5,215,000
      Educational
      $4,570,000
      Residential Income
      $4,735,000
      Energy
      $4,040,000
      Income-Based Land
      $4,140,000
      Food Service
      $5,060,000

    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

    Comparable in this City

    • Value Estimation by Request

      1741 Valley Forge Rd

      Office space
      1741 Valley Forge Rd, Collegeville, PA 19403
      View Details
    • Value Estimation by Request
      0.06 Acres

      2590 Industry Ln

      COMMON AREA (INDUSTRIAL) • 0.06 Acres
      2590 Industry Ln, West Norriton, PA 19403-3908
      View Details
    • Value Estimation
      $4,145,000
      48,401 SF

      2590 Industry Ln

      CONDOMINIUMS (INDUSTRIAL) • 48,401 SF
      2590 Industry Ln, West Norriton, PA 19403-3908
      View Details
    • Value Estimation
      $295,000
      5,320 SF

      55 Schuylkill Ave

      INDUSTRIAL (GENERAL) • 5,320 SF
      55 Schuylkill Ave, West Norriton, PA 19403-3205
      View Details
    • Value Estimation by Request

      529 Foundry Rd

      Distribution properties
      529 Foundry Rd, Norristown, PA 19403
      View Details
    • Value Estimation by Request
      402,595 SF

      2501 Monroe Blvd

      INDUSTRIAL (GENERAL) • 402,595 SF
      2501 Monroe Blvd, Norristown, PA 19403-2422
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,325 SF

      Industrial Building on Fenced Lot

      6,325 SF building on 1.29 acre fenced lot.
      915 S Trooper Rd, Norristown, PA 19403
      View Details
    • Contact for pricing
      14.00 Acres

      Eagleville Industrial Property

      147,000 SF Warehouse, Vacant, 14 Acres
      950 Rittenhouse Rd, Eagleville, PA 19403
      View Details
    • New
      $500,000
      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
      View Details
    • Contact for pricing
      147,000 SF

      Valley Forge Industrial Facility

      147,000± SF industrial facility on 14 acres.
      950 Rittenhouse Rd, Norristown, PA 19403
      View Details
    • $1,200,000
      8,919 SF

      Norristown Warehouse with Drive-In Doors

      Commercial-zoned warehouse featuring roll-up drive-in doors.
      1435 W Main St, Norristown, PA 19403
      View Details
    • $40,000

      Residential Lot in Established Neighborhood

      5,625 SF lot for new home construction.
      12 Wilson Rd, Eagleville, PA 19403
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      20,000 SF

      Norristown Warehouse Space Available

      20,000 sqft warehouse space for rent in Norristown.
      2564 Boulevard Of The Generals, Norristown, PA 19403
      View Details
    • $15 SF/Yr
      2,226 SF

      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
      529 Foundry Rd, Norristown, PA 19403
      View Details
    • Contact for pricing
      6,669 SF

      Norristown Industrial Building For Rent

      Single-story industrial building suitable for warehouse, manufacturing, or office use.
      2495 Boulevard Of The Generals, Norristown, PA 19403
      View Details
    • 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
      20,262 SF

      Norristown Office/Flex Space For Rent

      Class A office/flex space with modern amenities and loading dock.
      2500 Monroe Blvd, Norristown, PA 19403
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9 Forrest Ave
    West Norriton, PA 19403-6016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.