15474 Kutztown RdKutztown, PA 19530

  • Retail properties
  • 5,836 SF
For Lease

Property Details for 15474 Kutztown Rd

Year built
1930
Construction
FRAME
Lot size
0.74 AC
Property size (Sq ft)
5,836 SF
Property type
Retail properties
Property subtype
Retail space
APN
5454-00-94-3128
APU
545400943128

Description

This exceptional 5.31-acre commercial land parcel presents a unique investment opportunity in Berks County. Ideally suited for a variety of commercial developments, this single-tenant site offers significant potential for businesses seeking a prominent location. The expansive acreage provides ample space for construction, allowing for flexibility in design and functionality. The property's zoning (information not provided) will dictate permitted uses, and interested parties are encouraged to conduct their own due diligence to confirm suitability for their specific project. Given its size and location in Berks County, this land offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking to establish a strong presence in the area. The absence of existing structures allows for complete customization, enabling the development of a building tailored to the specific needs of the future tenant. Prospective tenants should be prepared to undertake all necessary site preparation and construction activities. This is a blank canvas for a thriving commercial venture. Serious inquiries only. Further details regarding utilities, access, and environmental considerations are available upon request. This prime commercial land presents a rare opportunity to secure a substantial footprint in a desirable Berks County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,160,727
    6.5%
    $1,994,517
    7%
    $1,852,052
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,887,455
    Geo Method
    $1,921,580
  • Alternative Use

    Use
    Valuation
    Residential
    $1,682,450
    Hospitality
    $1,541,115
    Educational
    $1,282,190
    Medical
    $1,326,286
    Retail
    $1,994,517
15474 Kutztown Rd, Kutztown, Pennsylvania

Location Insight

City
Kutztown
County
Berks
State
Pennsylvania
Latitude
40.5352
Longitude
-75.7372
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,784
$81,700
$163,700
$245,400
-
$81,700
$163,700
$245,400

FAQs

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