Technical
Financial
Distress signals
Property profile

134 Baltimore Pike Springfield, PA 19064

OFF-MARKET
Commercial real estate
Property ID
US73-0186761
25,147 SF 0.94 ac lot Built 1965
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 20,610-square-foot retail space is ideally situated at 134 Baltimore Pike in Springfield, Pennsylvania, 19064. The property boasts a single-tenant occupancy, offering a blank canvas for a discerning business owner. Built in 1970, the building sits on a one-acre lot and is zoned for commercial retail use, providing ample opportunity for a variety of retail ventures. The entire building is currently vacant, presenting a unique chance to establish a prominent presence in a thriving Delaware County location. The property's convenient location along Baltimore Pike ensures high visibility and accessibility for customers. With its substantial square footage and prime location, this property represents a significant opportunity for businesses seeking a substantial and highly visible retail space. The building's 1970 construction offers the potential for modernization and customization to perfectly suit a tenant's specific needs. The single-tenant occupancy eliminates the complexities of multi-tenant management, allowing for focused operations and streamlined business practices. This is a rare opportunity to secure a large, high-profile retail space in a desirable location. The property's one-acre lot provides ample parking and potential for future expansion. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Total area 25,147 SF
Lot 0.94 ac (40,800 SF)
APN 42-00-00435-00
UPID US73-0186761

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

134 Baltimore Pike Springfield, PA 19064-3629
Springfield metro Census 407803 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$2.19M

Owner & transaction history

since 2018
Last sale
$3.0M
5 recorded transactions
2018
$2.1M
2006
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $3.0M +23.5%
Office building $2.9M +18.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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