1350 Broadcasting RdWyomissing, PA 19610

Property Details for 1350 Broadcasting Rd

Year built

2007

Lot size

3.91 AC

Property size (Sq ft)

22,309 SF

Property type

Office buildings

APN

4397-09-26-4340

APU

439709264340

Description

This exceptional 4,684 square foot Class A medical office condo, built in 2007, presents a unique owner-user investment opportunity. Situated on a 3.91-acre lot in Berks County, Pennsylvania, at 1350 Broadcasting Rd, Wyomissing, PA 19610, this two-story building boasts a desirable Office/Business zoning. The property is part of a larger, modern 37,312 square foot office complex, currently enjoying a 90.01% occupancy rate. This single-unit condo offers immediate access to a thriving medical market, making it an ideal location for established practices or new ventures seeking a high-profile address. The property's strategic location within the Wyomissing area ensures excellent visibility and accessibility for patients and staff. The building's modern design and construction contribute to a professional and efficient work environment. This is a rare opportunity to acquire a well-maintained, high-demand medical office space in a prime location. The APN is 80-4397-09-26-4340.

• CAP approach

  CAP return

  Valuation

  6%

  $3,443,394

  6.5%

  $3,178,518

  7%

  $2,951,481

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,710,644

  Geo Method

  $2,914,894

• Alternative Use

  Use

  Valuation

  Residential

  $3,941,362

  Hospitality

  $3,610,266

  Educational

  $3,003,699

  Medical

  $3,107,001

  Retail

  $4,672,421

Location Insight

City

Wyomissing

County

Berks

State

Pennsylvania

Latitude

40.3529

Longitude

-75.9827

CBSA code

39740

CBSA name

READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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