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Property profile & analytics
FOR SALE
Commercial real estate

761 W Sproul Rd Springfield, PA 19064

1,720 SF 0.06 ac lot Built 1955
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US73-2520462
Property summary
AI-generated overview

This exceptional 1,800 square foot commercial building in Springfield, PA, presents a fantastic investment opportunity. Located at 761 W Sproul Road, this property boasts a highly visible location on Route 320, offering excellent exposure to a large volume of traffic. Its strategic proximity to major roadways, including Route 1, I-95, and the Blue Route (476), ensures easy accessibility for customers and employees. The building underwent a complete renovation between 2019 and 2020, resulting in a modern and well-maintained structure. The property is configured to accommodate either one or two tenants, with the first floor comprising approximately 1,000 square feet and the second floor offering approximately 800 square feet. Each floor features separate HVAC and electrical systems, providing tenants with independent climate control and energy management. The second floor includes a convenient rear PVC deck. Safety and security are prioritized with a newly installed security system equipped with cameras. Both floors offer two methods of egress, enhancing safety and compliance. All windows are equipped with window treatments. Currently, the first floor is leased at $3,600 per month, triple net (NNN). This property is ideal for a variety of retail businesses seeking a high-traffic location with modern amenities and excellent accessibility. The asking price is $800,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Total area 1,720 SF
Lot 0.06 ac (2,641 SF)
APN 25-00-04529-01
UPID US73-2520462
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
5th Ave Properties LLC · 6 yrs held
5th Ave Properties LLC
since 2019
2 recorded transactions
2019
$250,000
1998
$175,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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