5 Bristol CtWyomissing, PA 19610

Property Details for 5 Bristol Ct

Year built

1975

Lot size

0.31 AC

Property size (Sq ft)

3,347 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

4397-17-11-8856

APU

439717118856

Description

This exceptional Wyomissing, PA property offers 3,347 square feet of versatile office or medical space, ideally suited for multiple tenants. The building features two suites, with a minimum divisible space of 1,598 square feet and a maximum contiguous space of 3,347 square feet. The layout includes approximately 1,749 square feet on the upper level and 1,598 square feet on the lower level. Amenities include eight or more offices/exam rooms, a spacious waiting area, a receptionist station, a kitchenette, and three restrooms. The property boasts a significant advantage with a large private parking lot featuring 16 spaces and excellent visibility due to its State Hill Road frontage, complete with prominent signage. A special lease rate of $2,000 per month NNN is available for the first year of a minimum five-year lease on the entire building. Alternatively, individual floor space is available at $8 per square foot NNN. The property's address is 5 Bristol Ct, Wyomissing, PA 19610. The property's APN is 96-4397-17-11-8856. This is a rare opportunity to secure a well-located, amenity-rich commercial space in a desirable Pennsylvania location.

• CAP approach

  CAP return

  Valuation

  6%

  $516,609

  6.5%

  $476,870

  7%

  $442,808

• Comparable approach

  Method

  Valuation

  Relative Method

  $256,646

  Geo Method

  $437,319

• Alternative Use

  Use

  Valuation

  Residential

  $591,319

  Hospitality

  $541,645

  Educational

  $450,642

  Medical

  $466,141

  Retail

  $700,999

Location Insight

City

Wyomissing

County

Berks

State

Pennsylvania

Latitude

40.3408

Longitude

-75.9851

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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