2905 Whitehall RdNorristown, PA 19403

  • Retail properties
  • 3,014 SF
For Lease

Property Details for 2905 Whitehall Rd

Year built
2004
Lot size
0.39 AC
Property size (Sq ft)
3,014 SF
Zone code
BP
Property type
Retail properties
Property subtype
Banks
APN
33-00-03178-11-8
APU
330003178118

Description

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
2905 Whitehall Rd, Norristown, Pennsylvania

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

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
$20,689
-
-
$439,170
-
-
-
$439,170

FAQs

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