Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    407 Springfield Rd Clifton Heights, PA 19018
    Property profile & analytics

    407 Springfield Rd, Clifton Heights, PA 19018

    View on Map
    • Investment properties
    • 1,636 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US73-5979849
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 407 Springfield Rd

    Year built
    1930
    Lot size
    0.06 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    10-00-01847-00
    APU
    10000184700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 18, 2017 $35,000 Naveed I Shaikh Castle 2016 LLC Grant Deed —
    Sep 27, 2016 $16,650 Castle 2016 LLC Wells Fargo Bk NA Grant Deed · related —
    Oct 5, 2015 — Wells Fargo Bank NA Veterans Admn Grant Deed · related —
    Sep 25, 2014 — Va Sheriff Of Delaware County|leaks,deirtre L & Eric Trustees Deed · related —
    Mar 25, 2004 $101,000 Eric S Leaks Espanol,humberto & Eileen Grant Deed $103k · Cendant Mortgage Corp
    — — Eric S Leaks — Deed Of Trust · related $27k · Pennsylvania Hsng Finance Agcy

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clifton Heights
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.2917
    Latitude
    39.927
    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
    $4,165
    $32,120
    $73,300
    $105,420
    -
    $0.00
    $0.00
    $105,420

    Comparable in this City

    • Value Estimation by Request
      1,728 SF

      203 Bishop Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      203 Bishop Ave, Clifton Heights, PA 19018
      View Details
    • Value Estimation by Request
      1,632 SF

      29 Glenwood Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      29 Glenwood Ave, Aldan, PA 19018-4114
      View Details
    • Value Estimation by Request
      4,679 SF

      107 Providence Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      107 Providence Rd, Aldan, PA 19018-3827
      View Details
    • Value Estimation by Request
      1,728 SF

      201 Bishop Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      201 Bishop Ave, Clifton Heights, PA 19018-1133
      View Details
    • Value Estimation by Request
      1,728 SF

      5349 Brittany Dr

      OFFICE/RESIDENTIAL (MIXED USE)
      5349 Brittany Dr, Clifton Heights, PA 19018-1302
      View Details
    • Value Estimation by Request
      3,371 SF

      101 Oak Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      101 Oak Ave, Primos, PA 19018-2118
      View Details

    Similar Nearby for Sale

    • New
      $700,000
      7,200 SF

      Mixed-Use Retail and Apartments

      Three ground-floor retail storefronts and three residential apartments offer separate tenant billing with rear parking.
      14-18 E Baltimore Ave, Clifton Heights, PA 19018
      View Details
    • $1,200,000
      3,070 SF

      Commercial Property in Clifton Heights

      Commercial property serving the community as a 4-star school.
      9 N Diamond St, Clifton Heights, PA 19018
      View Details
    • Contact for pricing

      Retail Space on Baltimore Pike

      Retail space available in a busy shopping center.
      Baltimore Pike & Bishop Ave, Clifton Heights, PA 19018
      View Details
    • Contact for pricing
      2,429 SF

      Restaurant/Retail Space on Baltimore Ave

      Restaurant or retail space with high visibility and parking.
      417 W Baltimore Ave, Clifton Heights, PA 19018
      View Details
    • New
      $700,000

      Mixed-Use Retail and Apartments

      Three retail storefronts and three apartments with rear parking and separate utilities on month-to-month leases.
      14-18 E Baltimore Ave, Clifton Heights, PA 19018
      View Details
    • Contact for pricing

      Retail Space in Shopping Center

      Inline retail space available in high-traffic shopping center.
      923-925 Providence Rd, Secane, PA 19018
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Flex Space For Rent

      Clean, renovated industrial flex space near Route 1.
      319 E Berkley Ave, Clifton Heights, PA 19018
      View Details
    • Contact for pricing
      14,500 SF

      Secane Warehouse Space Available

      14,500 sq ft warehouse space for lease.
      515 Mildred Ave, Secane, PA 19018
      View Details
    • Contact for pricing
      6,175 SF

      Neighborhood Shopping Center Retail Space

      High-traffic retail center anchored by Price Rite in Secane, PA.
      923-925 Providence Rd, Secane, PA 19018
      View Details
    • Contact for pricing
      6,500 SF

      Former Rite Aid End-Cap Space

      6,500 SF retail space with ample parking and signage.
      113 E Baltimore Pike, Clifton Heights, PA 19018
      View Details
    • Contact for pricing

      Prime Commercial Space For Rent

      Commercial space on a high-traffic corner, perfect for salon.
      400 N Springfield Rd, Clifton Heights, PA 19018
      View Details
    • Contact for pricing
      2,000 SF

      Flex Space For Rent

      Flex space available for rent with great visibility.
      410 S Springfield Rd, Clifton Heights, PA 19018
      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.
    407 Springfield Rd
    Clifton Heights, PA 19018
    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

    Thank You for Inquiry
    407 Springfield Rd, Clifton Heights, PA, 19018
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!