879 Fritztown RdSinking Spring, PA 19608

  • Mixed-use properties
  • 6,520 SF
For Sale
$549,000 View listing

Property Details for 879 Fritztown Rd

Year built
1849
Lot size
0.42 AC
Property size (Sq ft)
6,520 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
4375-06-37-3813
APU
437506373813

Description

This exceptional 6,520 square foot office building, located at 879 Fritztown Road in Sinking Spring, Pennsylvania, presents a unique blend of historic charm and modern conveniences. Built in 1849 and renovated in 1988, this two-story, Class B office building sits on a 0.71-acre lot (per survey

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,006,362
    6.5%
    $928,950
    7%
    $862,596
  • Comparable approach

    Method
    Valuation
    Relative Method
    $499,951
    Geo Method
    $851,903
  • Alternative Use

    Use
    Valuation
    Residential
    $1,151,897
    Hospitality
    $1,055,132
    Educational
    $877,857
    Medical
    $908,048
    Retail
    $1,365,556
879 Fritztown Rd, Sinking Spring, Pennsylvania

Location Insight

City
Sinking Spring
County
Berks
State
Pennsylvania
Latitude
40.3032
Longitude
-76.0526
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
$2,105
$34,600
$123,700
$158,300
-
$34,600
$123,700
$158,300

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