875 Berkshire BlvdWyomissing, PA 19610
- Office properties
- 27,275 SF
Property Details for 875 Berkshire Blvd
- Year built
- 1991
- Lot size
- 3.12 AC
- Property size (Sq ft)
- 27,275 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 4397-11-55-9734
- APU
- 439711559734
Description
This single-story, Class B office building, constructed in 1991, offers 29,322 square feet of space within the Wyomissing Professional Center at 875 Berkshire Blvd, Wyomissing, PA 19610. Currently, 7,615 square feet is available for lease, with a minimum divisible space of 2,115 square feet and a maximum contiguous space of 5,500 square feet. The property sits on a 3.13-acre lot and features a multi-tenant occupancy. Its location in the Wyomissing Professional Center provides convenient access to shopping, dining, and public transportation, with easy access to major roadways including Routes 422, 222, and 12. The building is situated in Berks County and boasts a professional tenant mix. This is an excellent opportunity for businesses seeking flexible and well-located office space in a thriving Berks County community. The property's location offers immediate access to a variety of amenities and is easily accessible from major transportation routes. The building's professional atmosphere and convenient location make it an ideal choice for a variety of businesses. The available space is adaptable to suit various business needs. The property's parcel number is 96-4397-11-55-9734.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,209,896
- 6.5%
- $3,886,058
- 7%
- $3,608,482
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,091,434
- Geo Method
- $3,563,752
-
Alternative Use
- Use
- Valuation
- Residential
- $4,818,712
- Hospitality
- $4,413,914
- Educational
- $3,672,325
- Medical
- $3,798,622
- Retail
- $5,712,506
Location Insight
- City
- Wyomissing
- County
- Berks
- State
- Pennsylvania
- Latitude
- 40.3511
- Longitude
- -75.9702
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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