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    2909 Windmill Rd Sinking Spring, PA 19608

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    For Sale
    $2,000,000

    Office park with approvals for 48 apartment units.

    Property size:
    44,483 SF

    Property Features for 2909 Windmill Rd

    General Information

    Size
    44,483 SF

    Building Details

    Year built
    1988

    Source: Kyle McKechnie, SIOR Agent Kyle McKechnie, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Park Redevelopment Opportunity

    Spring Commons is an office park comprising four separate buildings, totaling 44,577 square feet of gross floor space. Municipal approvals are pending to allow for the demolition of two of the existing structures and the construction of 48 apartments. A Zoning Hearing Board decision, dated March 8, 2023, approves a Special Exception for Mixed-Use Development, which will permit the apartment construction. The property is located in Spring Township, adjacent to Route 724/Shillington Road. Routes 422 and 222 bypass are a short drive away.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sinking Spring
    County
    Berks
    State
    Pennsylvania
    Longitude
    -76.011424
    Latitude
    40.319387

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    FAQs

    What type of property is this?
    Apartment building - Office park with approvals for 48 apartment units.
    Where is this apartment building located?
    The property is located at 2909 Windmill Rd Sinking Spring, PA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Approved for Mixed-Use Development: Permits apartment construction (48 units).; - Existing Office Park: Four buildings with 44,577 SF of gross floor space.; - Strategic Location: Adjacent to Rt 724/Shillington Rd.
    (610) 370-8522
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    2909 Windmill Rd Sinking Spring, PA 19608
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    Sinking Spring, PA 19608
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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
    2909 Windmill Rd Sinking Spring, PA 19608
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