15100 Kutztown RdKutztown, PA 19530

  • Outlet malls
  • 66,052 SF

Property Details for 15100 Kutztown Rd

Year built
2012
Lot size
30.10 AC
Property size (Sq ft)
66,052 SF
Property type
Outlet malls
APN
5443-19-52-2153
APU
544319522153

Description

Maxatawny Marketplace offers exceptional retail opportunities in Kutztown, Pennsylvania, located at 15100 Kutztown Rd, zip code 19530. This strip center boasts a prominent location with high visibility and accessibility. Currently, there is 129,466 square feet of vacant space available, presenting a unique chance for businesses seeking expansion or a new location. The available space includes both endcap and pad options. One endcap space measures approximately 1,975 square feet. Additionally, there are two pad sites available, one measuring approximately 1.9 acres and another approximately 7.41 acres. The larger parcel is zoned for light industrial use, offering further development potential. This thriving retail center is anchored by established national tenants including Giant, AutoZone, Supercuts, Subway, Domino's, and Mavis Discount Tire, ensuring high traffic and customer visibility. The property's strategic location is further enhanced by its proximity to a Hampton Inn & Suites, providing convenient access for both local residents and travelers. This presents a rare opportunity to establish a business within a well-established and successful retail environment in Berks County. Interested parties should inquire about specific space availability and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,792,310
    6.5%
    $24,731,362
    7%
    $22,964,836
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,835,524
    Geo Method
    $21,748,492
  • Alternative Use

    Use
    Valuation
    Residential
    $20,861,830
    Hospitality
    $19,109,324
    Educational
    $15,898,733
    Medical
    $16,445,515
    Retail
    $24,731,362

Location Insight

City
Kutztown
County
Berks
State
Pennsylvania
Latitude
40.5033
Longitude
-75.7888
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
$69,506
$1,683,500
$4,443,100
$6,126,600
-
$1,683,500
$4,443,100
$6,126,600

FAQs

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