99 Walnuttown RdFleetwood, PA 19522

Property Details for 99 Walnuttown Rd

Year built

1960

Construction

FRAME

Lot size

0.93 AC

Property size (Sq ft)

5,596 SF

Property type

Retail properties

Property subtype

Auto shops

APN

5430-01-19-1904

APU

543001191904

Description

This exceptional mixed-use property in Fleetwood, PA, presents a unique investment opportunity. Situated on a 0.93-acre lot at 99 Walnuttown Road, the property boasts a total of 7,593 square feet and is offered at $570,000. The main component is a well-established auto body shop, encompassing 5,913 square feet, providing immediate income potential. Adding to the versatility, a fully renovated single-family home with three bedrooms and 1,128 square feet offers either rental income or owner-occupancy. Completing this diverse offering is a one-bedroom apartment, conveniently accessed from the rear of the property, adding further rental income potential with its 552 square feet. This property is ideal for an investor seeking a diversified income stream or an owner-operator looking to combine business and residential living. The strategic location in Fleetwood ensures easy access to local amenities and transportation routes, enhancing its overall appeal and investment value. The combination of established business, residential rental units, and ample lot size makes this a truly compelling opportunity. Serious inquiries are encouraged to explore this multifaceted investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $1,465,632

  6.5%

  $1,352,891

  7%

  $1,256,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,248,384

  Geo Method

  $1,842,557

• Alternative Use

  Use

  Valuation

  Residential

  $1,141,214

  Hospitality

  $1,045,346

  Educational

  $869,715

  Medical

  $899,626

  Retail

  $1,352,891

Location Insight

City

Fleetwood

County

Berks

State

Pennsylvania

Latitude

40.4431

Longitude

-75.8414

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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