310-312 Main StNorristown, PA 19401

  • Retail space
  • 9,803 SF

Property Details for 310-312 Main St

Year built
1928
Lot size
0.18 AC
Property size (Sq ft)
9,803 SF
Zone code
LI
Property type
Retail space
APN
13-00-22536-00-5
APU
130022536005

Description

This exceptional 7,500-square-foot warehouse, located at 310-312 W Main Street in Norristown, Pennsylvania, presents a significant opportunity for industrial businesses. Situated on a 0.18-acre lot, this single-tenant property boasts a two-story design with a generous 14-foot ceiling height, providing ample storage and operational space. The building features one convenient drive-in door for easy loading and unloading of goods. Power is supplied by a robust 3-phase 200A 120/240V system, ensuring sufficient capacity for various industrial applications. The property is zoned LI-MU (Limited Industrial-Mixed Use) within Norristown's Montgomery County, offering flexibility for a range of permitted uses. The entire 7,500 square feet is currently vacant and ready for immediate occupancy. This location offers excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property's size and features make it suitable for a variety of industrial and commercial uses, providing a strong foundation for growth and success. Interested parties are encouraged to inquire for further details and to schedule a viewing. The zip code is 19401.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,629,474
    6.5%
    $3,350,284
    7%
    $3,110,978
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,170,446
    Geo Method
    $3,227,767
  • Alternative Use

    Use
    Valuation
    Residential
    $2,826,090
    Hospitality
    $2,588,683
    Educational
    $2,153,754
    Medical
    $2,227,824
    Retail
    $3,350,284

Location Insight

City
Norristown
County
Montgomery
State
Pennsylvania
Latitude
40.1163
Longitude
-75.3495
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
$4,973
-
-
$81,000
-
-
-
$81,000

FAQs

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