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Property profile & analytics
OFF-MARKET
Estimated value
$295,000
Commercial land
Whitehall Rd Norristown, PA 19403
Entity Owned
18-yr Hold
Free & Clear
Property ID
US73-4172025
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
6.17 ac (268,765 SF)
Zoning code
IN
APN
33-00-10573-00-5
UPID
US73-4172025
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
-
Montgomery County Paranormal Society Historical Society
-
Forbes Landscape Architecture General Contractor
-
Norristown Area School District School District Office School Administration Office
-
B-Dry System Professional Services Construction Company
-
Norristown Farm Park, Lot # 4 Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$295k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$295k
Owner & transaction history
Handy & Harman Tube Co INC · 18 yrs held
Handy & Harman Tube Co INC
since 2007
1 recorded transaction
Zoning & alternative use
IN · Norristown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Uses permitted in floodplain conservation district. § 320-335 Variances. § 320-336 Technical provisions in event of variance being granted. § 320-337 Activities requiring special permits. § 320-338 Administration. § 320-339 through § 320-341. (Reserved)
Zone name
Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
232.39 ac
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
$295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$295k
Range $266k – $325k · ±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
—
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
$9,306
Tax year 2023
Assessed value
$197,530
Assessed 2024
Previous assessed
$197,530
+0.0% YoY
Effective rate
4.71%
On assessed value
Assessed land
$197,530
Land market value
$197,530
Total market value
$197,530
Applied tax rate
33.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
6.17 ac (268,765 SF)
Zoning code
IN
APN
33-00-10573-00-5
UPID
US73-4172025
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
IN · Norristown, PAZoning IN · permitted uses
IN · Norristown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Uses permitted in floodplain conservation district. § 320-335 Variances. § 320-336 Technical provisions in event of variance being granted. § 320-337 Activities requiring special permits. § 320-338 Administration. § 320-339 through § 320-341. (Reserved)
Zone name
Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
232.39 ac
Building & site characteristics
From public records
Heating
NONE
Lot
6.17 ac
Current owner
From public records · entity-resolved
Handy & Harman Tube Co INC
Entity
Free & Clear · 18 yrs held
Mailing address
124 VEPCO BLVD, CAMDEN, DE 19934-2286
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2007
$10,000
Handy & Harman Tube Co INC
Olivet-schwenkfelder United Ch
Grant Deed
—
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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