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    Property profile & analytics

    Ter Ave Norristown, PA 19403

    • Commercial land
    • 1.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 29, 2022
    $1,750,000
    Location Intelligence
    Property ID
    US73-3661950
    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

    • Commercial land

    Property Details for Ter Ave

    Lot size
    1.19 lot acres
    Zone code
    LC
    Property type
    Commercial land
    APN
    63-00-08195-00-4
    APU
    630008195004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norristown
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.3885
    Latitude
    40.1393
    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
    $2,401
    $48,270
    $880
    $49,150
    -
    $48,270
    $880
    $49,150

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      Rdg Pike

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      6.17 Acres

      Whitehall Rd

      VACANT COMMERCIAL LAND • 6.17 Acres
      Whitehall Rd, Norristown, PA 19403
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      3.33 Acres

      535 Germantown Pike

      VACANT COMMERCIAL LAND • 18,032 SF
      535 Germantown Pike, East Norriton, PA 19403-4231
      View Details
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      1.01 Acres

      1966 Main St

      VACANT COMMERCIAL LAND • 2,877 SF
      1966 Main St, West Norriton, PA 19403-3108
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    • Value Estimation by Request
      0.78 Acres

      3130 Rdg Pike

      VACANT COMMERCIAL LAND • 15,237 SF
      3130 Rdg Pike, Eagleville, PA 19403-1410
      View Details
    • Value Estimation by Request
      0.29 Acres

      Ss Park Ave

      VACANT COMMERCIAL LAND • 0.29 Acres
      Ss Park Ave, Norristown, PA 19403
      View Details

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      1.27 Acres

      Norristown Office Space for Lease

      Second-floor office, 500 sq ft, great location.
      3120 Ridge Pike, Norristown, PA 19403
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    Similar Nearby for Lease

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      20,000 SF

      Norristown Warehouse Space Available

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      3,200 SF

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      Freestanding retail building with ample parking and great visibility.
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      Second floor office space available in Norristown, Pennsylvania.
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      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
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    Ter Ave
    Norristown, PA 19403
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    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
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