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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Office buildings
920 Madison Ave Norristown, PA 19403-2307
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-0163107
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1972
Total area
6,000 SF
Lot
0.68 ac (29,500 SF)
Zoning code
IP
APN
43-00-07909-00-4
UPID
US73-0163107
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
-
Child & Family Focus, Inc. Social Service Agency Community Center
-
Cofco Contract Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$920k
Owner & transaction history
Child & Family Focus INC · 7 yrs held
Child & Family Focus INC
since 2019
7 recorded transactions
Zoning & alternative use
IP · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,045,000
Current use
MEDICAL BUILDING
$945,000
Change: -9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$865,000
Change: -17% · Conversion: Easy
RESTAURANT
$840,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$153 / 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
$17,322
Tax year 2023
Assessed value
$424,690
Assessed 2024
Previous assessed
$424,690
+0.0% YoY
Effective rate
4.08%
On assessed value
Assessed land
$221,580
Assessed improvement
$203,110
Land market value
$221,580
Improvement market value
$203,110
Total market value
$424,690
Applied tax rate
43.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Cooling
CENTRAL
Total area
6,000 SF
Lot
0.68 ac (29,500 SF)
Zoning code
IP
APN
43-00-07909-00-4
UPID
US73-0163107
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IP · Norristown, PA
Zoning IP · permitted uses
IP · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$945,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$865,000
RESTAURANT
Est. value
$840,000
OFFICE BUILDING Current
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Cooling
Yes
Lot
0.68 ac
Current owner
From public records · entity-resolved
Child & Family Focus INC
Entity
Mailing address
920 MADISON AVE, NORRISTOWN, PA 19403-2307
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2019
$850,000
Child & Family Focus INC
Mlp Properties LLC
Grant Deed
$640,000 · M&t Bk
Apr 1, 2014
$654,000
Mlp Properties LLC
Customer Bank
Deed
$523,000 · M & T Bank
Jul 18, 2013
$2,068
Customers Bk
Sheriff Of Montgomery County
Trustees Deed
related
—
Nov 19, 2010
—
Bk Berkshire
Mercury Care Norriton LLC
Grant Deed
related
—
May 25, 2010
$730,000
Mercury Care Norriton LLC
Ajw Investments LP
Grant Deed
—
Jul 26, 2005
$720,000
Ajw Investments
Cogliati Ptshp
Grant Deed
—
Sep 8, 2003
$650,000
Part Cogliati
Valley Forge Equit,nc
Grant Deed
$520,000 · Wachovia Bank NA
—
—
Mercury Care Norriton LLC
—
Deed Of Trust
related
$451,000 · Pennsylvania Cmnty Dev & Finan
—
—
Mercury Care Norriton LLC
—
Deed Of Trust
related
$442,890 · Berkshire Bank
—
—
Mercury Care Norriton LLC
—
Deed Of Trust
related
$632,700 · Berkshire Bank
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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