955 Berkshire BlvdWyomissing, PA 19610

  • Office buildings
  • 12,920 SF

Property Details for 955 Berkshire Blvd

Year built
1993
Lot size
1.04 AC
Property size (Sq ft)
12,920 SF
Property type
Office buildings
APN
4397-15-54-5528
APU
439715545528

Description

This single-story, 12,112 square foot Class B office building, constructed in 1993, is located at 955 Berkshire Boulevard in Wyomissing, Pennsylvania (19610). The property features a multi-tenant configuration with two available suites ranging from 3,951 to 5,162 square feet. Situated within the Wyomissing Professional Center, this prime location offers exceptional visibility and convenient access to major roadways, including Route 422 and Route 222. The building boasts ample parking, and benefits from its proximity to a daycare center, major hotels, public transportation, an on-site restaurant/café, and convenient shopping options. Additional amenities include well-landscaped grounds, stone and cedar shake roofs, and readily available fiber-optic communications. The property is zoned Commercial (APN: 96-4397-15-54-5528) and is located in Berks County. This is an excellent opportunity for businesses seeking a well-maintained office space in a thriving professional center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,994,202
    6.5%
    $1,840,802
    7%
    $1,709,316
  • Comparable approach

    Method
    Valuation
    Relative Method
    $990,700
    Geo Method
    $1,688,127
  • Alternative Use

    Use
    Valuation
    Residential
    $2,282,594
    Hospitality
    $2,090,844
    Educational
    $1,739,558
    Medical
    $1,799,384
    Retail
    $2,705,979

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.348
Longitude
-75.9717
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
$11,307
$251,800
$570,800
$822,600
-
$251,800
$570,800
$822,600

FAQs

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