1715 MarkleyNorristown, PA 19401

  • Retail properties
  • 26,752 SF
Off market
$881,400 Estimated

Property Details for 1715 Markley

Year built
1963
Lot size
1.05 AC
Property size (Sq ft)
26,752 SF
Zone code
CR
Property type
Retail properties
Property subtype
Strip malls
APN
13-00-32532-00-8
APU
130032532008

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,854,964
    6.5%
    $9,096,890
    7%
    $8,447,112
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,734,568
    Geo Method
    $8,808,449
  • Alternative Use

    Use
    Valuation
    Residential
    $7,673,566
    Hospitality
    $7,028,946
    Educational
    $5,848,000
    Medical
    $6,049,122
    Retail
    $9,096,890
1715 Markley, Norristown, Pennsylvania

Location Insight

City
Norristown
County
Montgomery
State
Pennsylvania
Latitude
40.1322
Longitude
-75.3353
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $517,130
  • Assessed land value
    $211,300
  • Assessed value
    $728,430
  • Tax year
    2023
  • Tax bill
    $44,712

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