Technical
Financial
Distress signals
Property profile

891 Baltimore Pike Springfield, PA 19064

OFF-MARKET
Office buildings
Property ID
US73-5590542
19,032 SF 0.39 ac lot Built 1945
Individually Owned 14-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional medical office building, located at 891 Baltimore Pike in Springfield, Pennsylvania (zip code 19064), presents a compelling investment opportunity. The property boasts a total of 13,100 square feet, with 9,100 square feet currently available for lease. The building enjoys high visibility from Baltimore Pike and benefits from its convenient location, just minutes from Interstates 476 and 95, as well as the Philadelphia International Airport. Currently, 4,000 square feet are leased, providing a stable income stream. The strong demographics surrounding the property are highly attractive, with an average household income within a two-mile radius exceeding $95,000 and a population exceeding 373,000 within the same radius. The building offers the potential for monument signage, enhancing visibility and branding opportunities for tenants. This property is classified as an office building with a medical office subtype, making it ideal for a variety of healthcare practices. The building's size and location make it a prime asset for investors seeking a strong return in the thriving Delaware County market. Serious inquiries are encouraged.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1945
Total area 19,032 SF
Lot 0.39 ac (16,864 SF)
APN 42-00-00404-01
UPID US73-5590542

Cap rate & NOI

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

Location

891 Baltimore Pike Springfield, PA 19064-3954
Springfield metro Census 407806 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2012
Last sale
$250,000
7 recorded transactions
2012
$243,000
2008
$2.7M
2007
$1.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 891 Baltimore Pike?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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