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    761 Sproul Rd Springfield, PA 19064

    For Sale
    $800,000

    Prime Retail Building, Two Units Available

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1,800 square foot commercial building in Springfield, PA, presents a fantastic investment opportunity. Located at 761 W Sproul Road, this property boasts a highly visible location on Route 320, offering excellent exposure to a large volume of traffic. Its strategic proximity to major roadways, including Route 1, I-95, and the Blue Route (476), ensures easy accessibility for customers and employees. The building underwent a complete renovation between 2019 and 2020, resulting in a modern and well-maintained structure. The property is configured to accommodate either one or two tenants, with the first floor comprising approximately 1,000 square feet and the second floor offering approximately 800 square feet. Each floor features separate HVAC and electrical systems, providing tenants with independent climate control and energy management. The second floor includes a convenient rear PVC deck. Safety and security are prioritized with a newly installed security system equipped with cameras. Both floors offer two methods of egress, enhancing safety and compliance. All windows are equipped with window treatments. Currently, the first floor is leased at $3,600 per month, triple net (NNN). This property is ideal for a variety of retail businesses seeking a high-traffic location with modern amenities and excellent accessibility. The asking price is $800,000.

    Property Features for 761 Sproul Rd

    General Information

    Property type
    Retail properties
    Square Feet
    1,800 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Springfield
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.34898
    Latitude
    39.94326

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Building, Two Units Available
    Where is this retail property located?
    The property is located at 761 Sproul Rd Springfield, PA.
    What is the asking price?
    The asking price for this property is $800,000.
    (484) 625-4100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    761 Sproul Rd Springfield, PA 19064
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