891 Baltimore Pike, Springfield, PA 19064-3954
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.