This exceptional 3,200 square foot freestanding retail building is ideally situated in East Norriton, Montgomery County, Pennsylvania, at the corner of Germantown Pike and Whitehall Road. The property boasts a highly visible location, directly adjacent to a Wawa convenience store, ensuring significant foot traffic and brand recognition. Currently vacant, this single-tenant building presents a unique opportunity for a variety of retail businesses seeking a prime location with excellent accessibility. The building's address is 2905 Whitehall Road, Norristown, PA 19403. Its convenient location offers easy access to major roadways, ensuring a strong customer base from the surrounding area. The property is situated in Montgomery County, a thriving market with a robust economy and a dense population. The entire 3,200 square feet is available for lease, providing ample space for a wide range of retail concepts. This is a rare opportunity to secure a high-visibility, freestanding retail space in a desirable location with significant potential for growth and success. The property's strategic placement next to a well-established business like Wawa offers immediate brand synergy and increased visibility. This turnkey property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Contact us today to learn more about this exceptional opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,103,854
6.5%
$1,018,942
7%
$946,160
Comparable approach
Method
Valuation
Relative Method
$994,204
Geo Method
$992,399
Alternative Use
Use
Valuation
Residential
$859,516
Hospitality
$787,312
Educational
$655,034
Medical
$677,562
Retail
$1,018,942
Location Insight
City
East Norriton
County
Montgomery
State
Pennsylvania
Latitude
40.1534
Longitude
-75.3482
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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