223 MainNorristown, PA 19401

  • Drive through restaurants
  • 5,564 SF
Off market
$880,750 Estimated

Property Details for 223 Main

Year built
1999
Lot size
0.84 AC
Property size (Sq ft)
5,564 SF
Zone code
TC
Property type
Drive through restaurants
APN
13-00-22960-00-4
APU
130022960004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,060,022
    6.5%
    $1,901,558
    7%
    $1,765,733
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,799,486
    Geo Method
    $1,832,020
  • Alternative Use

    Use
    Valuation
    Residential
    $1,604,036
    Hospitality
    $1,469,288
    Educational
    $1,222,430
    Medical
    $1,264,472
    Retail
    $1,901,558

Location Insight

City
Norristown
County
Montgomery
State
Pennsylvania
Latitude
40.1164
Longitude
-75.348
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
$54,062
-
-
$880,750
-
-
-
$880,750

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].