For Sale
Norristown, PA
Commercial Real Estate Market Trends & Data
$318
Avg asking sale price
$1,298
Avg asking lease rate
18,487 SF
Avg unit lease size
181,266 SF
Avg building size for sale
7.07%
Average cap rate
Norristown's Demographic Profile
Norristown has 12,797 households and a median income of $53,837, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 36,150 |
| # Households | 12,797 |
| Median age | 36 |
| Median household income | $53,837 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 8,057 |
| 5-year population change | +2% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Norristown, PA
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Jeffersonville | $167 | 6,076 SF | 9.39% |
| Eagleville | $229 | 35,148 SF | 9.39% |
| Audubon | $165 | 13,320 SF | 9.39% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Norristown | $275 | 8,683 SF |
| Jeffersonville | $245 | 9,112 SF |
| Trooper | $312 | 14,189 SF |
| Eagleville | $256 | 8,174 SF |
| Audubon | $197 | 6,658 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Phoenixville | $232 | 4,746 SF | 6.90% |
| Villanova | $273 | 83,404 SF | 5.78% |
Commercial Properties For Sale in Norristown
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Norristown pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Norristown | $318 | 181,266 SF |
| Jeffersonville | $257 | 12,116 SF |
| Trooper | $500 | 12,032 SF |
| Eagleville | $342 | 20,709 SF |
| East Norriton | $244 | 13,644 SF |
Regional Demographic Comparison
This comparison places Norristown alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Norristown or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Norristown | 36,150 | 12,797 | 36 | $53,837 | 3 | 8,057 | 2% |
| Jeffersonville | 89,821 | 35,409 | 41 | $80,059 | 2 | 14,486 | 2% |
| Trooper | 5,480 | 2,018 | 44 | $118,313 | 3 | 345 | 2% |
| Eagleville | 5,237 | 1,427 | 40 | $113,134 | 3 | 449 | 3% |
| East Norriton | 14,719 | 6,273 | 49 | $93,524 | 2 | 1,702 | 2% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Norristown, PA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Norristown
View All Commercial Real Estate For Sale in Norristown
Is Norristown a good market for a first-time commercial real estate investor?
Norristown offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
How can this market data help me decide whether to buy commercial property for my business in Norristown?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Norristown. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
What should conservative investors focus on when evaluating commercial properties in Norristown?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Norristown. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Norristown compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Norristown. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
How can this page support early-stage deal screening for Norristown acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Norristown, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.
Nearby Cities
Commercial Market Reports
- Norristown Commercial Real Estate Properties
- Jeffersonville Commercial Real Estate Properties
- Trooper Commercial Real Estate Properties
- Eagleville Commercial Real Estate Properties
- East Norriton Commercial Real Estate Properties
- Audubon Commercial Real Estate Properties
- Collegeville Commercial Real Estate Properties
- Bridgeport Commercial Real Estate Properties
- Linfield Commercial Real Estate Properties
- King Of Prussia Commercial Real Estate Properties
- Skippack Commercial Real Estate Properties
- Blue Bell Commercial Real Estate Properties
- Plymouth Meeting Commercial Real Estate Properties
- Conshohocken Commercial Real Estate Properties
- Trappe Commercial Real Estate Properties
- West Conshohocken Commercial Real Estate Properties
- Kulpsville Commercial Real Estate Properties
- Gulph Mills Commercial Real Estate Properties
- Lansdale Commercial Real Estate Properties
- Wayne Commercial Real Estate Properties
- Chesterbrook Commercial Real Estate Properties
- Phoenixville Commercial Real Estate Properties
- Saint Davids Commercial Real Estate Properties
- Devon Commercial Real Estate Properties
- Spring House Commercial Real Estate Properties
- Villanova Commercial Real Estate Properties
- Harleysville Commercial Real Estate Properties
- Radnor Commercial Real Estate Properties
- View more
- View less
- Atlanta, GA Market Trends
- Austin, TX Market Trends
- Boston, MA Market Trends
- Charlotte, NC Market Trends
- Chicago, IL Market Trends
- Columbus, OH Market Trends
- Dallas, TX Market Trends
- Denver, CO Market Trends
- Fort Worth, TX Market Trends
- Houston, TX Market Trends
- Indianapolis, IN Market Trends
- Jacksonville, FL Market Trends
- Kansas City, MO Market Trends
- Las Vegas, NV Market Trends
- Los Angeles, CA Market Trends
- Nashville, TN Market Trends
- Philadelphia, PA Market Trends
- Phoenix, AZ Market Trends
- San Diego, CA Market Trends
- San Francisco, CA Market Trends
- San Jose, CA Market Trends
- Seattle, WA Market Trends
- Washington, DC Market Trends
- View more
- View less
