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    8848 Crittenden Rd Suffolk, VA 23436

    Sponsored
    For Sale
    $1,100,000

    1656 sq ft, fully renovated, high traffic area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,656 square foot commercial property, located at 324 Park Central West in Springfield's vibrant downtown, presents a unique opportunity for a variety of businesses. Situated on a 0.09-acre lot at the corner of Park Central West and Campbell, this building benefits from excellent visibility and high traffic counts of 7,500-9,500 vehicles daily along South Campbell. The property's versatile layout is ideal for medical, traditional, executive, or creative office uses, as well as boutique retail. Completely renovated in 2014, the space boasts a welcoming lobby, a functional kitchen area, two private offices, two offices within a shared bullpen, and two bathrooms. Abundant natural light floods the interior, complemented by stained concrete flooring on the ground floor and an upstairs office featuring expansive window walls. Modern stainless steel appliances are included. Two city-owned parking garages, one directly across the street, offer convenient and free parking for clients and employees, including a free EV charging station. The property's prime location in downtown Springfield ensures high foot traffic, making it an attractive option for retail ventures. Built in 1923, this building offers a blend of historic charm and contemporary updates, creating a desirable and functional workspace. The property's APN is 881324212005, located in Greene County. The entire 1,656 square feet is currently vacant.

    Property Features for 8848 Crittenden Rd

    General Information

    Property type
    Land
    Lot Size
    92,783 SF

    HighLights

    • 1,656 SF retail and office space in downtown Springfield, MO.
    • Fully vacant, 100% available for lease.
    • Located on the corner of Park Central W and Campbell, with high traffic counts.
    • Recently remodeled in 2014.
    • Features include a lobby, kitchen, private offices, shared bullpen, two bathrooms, and ample natural light.
    • Two nearby city‑owned parking garages offer free parking, including EV charging.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Wholesale Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.4975373
    Latitude
    36.9015186

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    FAQs

    What type of property is this?
    Land - 1656 sq ft, fully renovated, high traffic area
    Where is this land located?
    The property is located at 8848 Crittenden Rd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: 1,656 SF retail and office space in downtown Springfield, MO.; Fully vacant, 100% available for lease.; Located on the corner of Park Central W and Campbell, with high traffic counts.
    (757) 640-8241
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    8848 Crittenden Rd Suffolk, VA 23436
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    Suffolk, VA 23436
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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
    8848 Crittenden Rd Suffolk, VA 23436
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