1150 Berkshire BlvdWyomissing, PA 19610
- Office properties
- 29,310 SF
Property Details for 1150 Berkshire Blvd
- Year built
- 1987
- Lot size
- 2.09 AC
- Property size (Sq ft)
- 29,310 SF
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 4397-18-42-3438
- APU
- 439718423438
Description
This exceptional Class A medical office building, located at 1150 Berkshire Blvd in Wyomissing, Pennsylvania (zip code 19610), offers multiple suites for lease. The building, constructed in 1987, boasts a total of 26,707 square feet situated on a 2.08-acre lot. Currently, there are 3,152 square feet of vacant space available, divisible into units ranging from a minimum of 1,204 square feet to a maximum contiguous space of 1,948 square feet. The building features a total of two suites. Ample parking is provided, with a ratio of 4.42 spaces per 1,000 square feet. The property is zoned C-2, Retail Commercial District, and its APN is 96-4397-18-42-3438. This prime location in Berks County offers easy access to major roadways and amenities. The building is well-maintained and caters to a variety of medical and professional tenants. The lease includes full-service amenities, such as janitorial services and CAM. This is an excellent opportunity for medical professionals seeking a prestigious and convenient location to establish or expand their practice. Interested parties should inquire about available suite sizes and lease terms.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,523,998
- 6.5%
- $4,175,998
- 7%
- $3,877,713
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,247,477
- Geo Method
- $3,829,644
-
Alternative Use
- Use
- Valuation
- Residential
- $5,178,238
- Hospitality
- $4,743,238
- Educational
- $3,946,319
- Medical
- $4,082,039
- Retail
- $6,138,718
Location Insight
- City
- Wyomissing
- County
- Berks
- State
- Pennsylvania
- Latitude
- 40.3424
- Longitude
- -75.9761
- 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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