850 Golden DrBlandon, PA 19510

Property Details for 850 Golden Dr

Year built

2007

Lot size

5.10 AC

Property size (Sq ft)

32,953 SF

Property type

Retail properties

Property subtype

Retail space

APN

5421-19-50-5257

APU

542119505257

Description

This exceptional medical office opportunity is located within the Maidencreek Towne Center in Blandon, Pennsylvania. The property, situated at 850 Golden Drive, boasts a total of 33,767 square feet across a single, one-story building. Currently, there is one available suite totaling 4,157 square feet, ideal for a variety of medical practices. The center offers a convenient location at the intersection of Park Road and Golden Drive, providing excellent visibility and accessibility. Major transportation routes, including Routes 73, 222, and 422, are easily accessible, ensuring convenient commutes for both staff and patients. The property features ample parking with 150 spaces available for tenants and visitors. The building is classified as Retail and Office, with a specific subtype of Medical Office, and supports multiple tenants. For businesses seeking a customized space, build-to-suit options are available to meet specific operational needs. This property presents a unique opportunity to establish or expand a medical practice in a thriving Berks County location. The property is located in Berks County, Pennsylvania, with a zip code of 19510.

• CAP approach

  CAP return

  Valuation

  6%

  $7,476,854

  6.5%

  $6,901,712

  7%

  $6,408,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,367,588

  Geo Method

  $10,850,210

• Alternative Use

  Use

  Valuation

  Residential

  $5,821,852

  Hospitality

  $5,332,786

  Educational

  $4,436,814

  Medical

  $4,589,404

  Retail

  $6,901,712

Location Insight

City

Blandon

County

Berks

State

Pennsylvania

Latitude

40.4442

Longitude

-75.8613

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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