Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    300 Spruce St Doylestown, PA 18901

    • Medical offices
    • 2,644 SF
    • 0.29 lot acres
    For Sale
    View listing
    $699,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0108820
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 300 Spruce St

    Year built
    1937
    Lot size
    0.29 lot acres
    Property size
    2,644 SF
    Zone code
    FC
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    08-005-073
    APU
    8005073

    Description

    This exceptional office building, located at 300 Spruce Street in the desirable Doylestown, PA, presents a fantastic opportunity for businesses seeking a prominent presence in a thriving community. The property boasts a generous 2,644 square feet of well-maintained office space, ideal for a variety of professional uses. Situated on a 0.29-acre lot, the building offers ample parking and visibility from a main thoroughfare. The asking price is $699,000, representing a compelling value for a property of this caliber in this highly sought-after location. The building's size and layout provide flexibility for customization to meet specific business needs. Its location in Doylestown offers easy access to major transportation routes, a vibrant downtown area with numerous amenities, and a strong local workforce. This is an excellent opportunity to establish or expand your business in a prime location within a thriving community. The property is ready for immediate occupancy, allowing for a seamless transition and quick start to operations. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. Further details and scheduling of viewings can be arranged promptly.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $290,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $442,000
      Market price range: $421k - $939k
      AI Estimate
      $233,000
      Market price range: $173k - $557k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Doylestown
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.1297
    Latitude
    40.3164
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,318
    $5,520
    $29,550
    $35,070
    -
    $75,616
    $404,793
    $480,409

    Comparable in this City

    • Value Estimation
      $315,000
      1,222 SF

      41 Ashland St

      MEDICAL BUILDING • 1,222 SF
      41 Ashland St, Doylestown, PA 18901-4628
      View Details
    • Value Estimation
      $275,000
      752 SF

      19 Donaldson St

      MEDICAL BUILDING • 752 SF
      19 Donaldson St, Doylestown, PA 18901-4603
      View Details
    • Value Estimation
      $350,000
      2,092 SF

      295 Logan St

      MEDICAL BUILDING • 2,092 SF
      295 Logan St, Doylestown, PA 18901-4017
      View Details
    • Value Estimation
      $290,000
      1,137 SF

      186 State St

      MEDICAL BUILDING • 1,137 SF
      186 State St, Doylestown, PA 18901-3532
      View Details
    • Value Estimation
      $305,000
      4,200 SF

      231-235 State St

      MEDICAL BUILDING • 4,200 SF
      231-235 State St, Doylestown, PA 18901
      View Details
    • Value Estimation
      $375,000
      5,300 SF

      314 Butler Ave

      MEDICAL BUILDING • 5,300 SF
      314 Butler Ave, New Britain, PA 18901-5112
      View Details

    Similar Nearby for Sale

    • $274,500
      2 SF

      Move-in Ready Office Condo

      Professional condo suite suitable for general or medical use.
      301 S Main St, Gardenville, PA 18901
      View Details
    • $575,000
      0.29 Acres

      Doylestown Office with Rental Potential

      Professional office in Doylestown Borough with hardwood floors and garage.
      300 Spruce St, Doylestown, PA 18901
      View Details
    • $435,000
      2,350 SF

      Doylestown Office Space - 2350 sq ft

      Turn-key medical/professional office, Doylestown Borough.
      301 And 3, Doylestown, PA 18901
      View Details
    • Contact for pricing
      0.12 Acres

      Doylestown Office Building Opportunity

      Prime Doylestown location, 0.12-acre lot.
      68 Court St, Doylestown, PA 18901
      View Details
    • Contact for pricing
      2.38 Acres

      Doylestown Office Space - Main Street

      Historic Downtown Doylestown Office Suite
      140 Main St, Doylestown, PA 18901
      View Details
    • $1,450,000
      4,866 SF

      48 Oakland Ave, Doylestown, PA 18901

      Office Properties & Spaces • 4,866 SF
      48 Oakland Ave, Doylestown, PA 18901
      View Details

    Similar Nearby for Lease

    • $8 SF/Yr
      4,904 SF

      Doylestown Office Space Available

      Flexible Offices, Coworking & More
      2003 Easton Rd, Doylestown, PA 18901
      View Details
    • Contact for pricing
      31,050 SF

      Heritage Gateway Center: Doylestown Office

      Prime Doylestown Office Suites Available
      1980 Easton Rd, Doylestown, PA 18901
      View Details
    • $5,586 /Mo

      Doylestown Medical/Office Space Available

      Turn-key medical/office space near Doylestown Hospital. Available now.
      800 W State St Unit, Doylestown, PA 18901
      View Details
    • $2,150 /Mo
      50,965 SF

      Doylestown Medical/Office Space For Lease

      Medical/office space available across from Doylestown Hospital.
      101 Progress Dr, Gardenville, PA 18901
      View Details
    • $2,400 /Mo
      2,178 SF

      Doylestown Turnkey Office/Retail Space

      First-floor office or retail space in the heart of Doylestown.
      250 Wood St Unit, Doylestown, PA 18901
      View Details
    • $825 /Mo
      24,394 SF

      Historic Doylestown Office Building

      Historic building in Doylestown perfect for various office spaces.
      152 N Main St, Doylestown, PA 18901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 Spruce St
    Doylestown, PA 18901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.