2208 Quarry DrWest Lawn, PA 19609

  • Office properties
  • 26,880 SF
For Lease

Property Details for 2208 Quarry Dr

Year built
2002
Construction
FRAME
Lot size
1.82 AC
Property size (Sq ft)
26,880 SF
Property type
Office properties
Property subtype
Office buildings
APN
4387-19-61-9762
APU
438719619762

Description

This exceptional two-story, 27,440 square foot Class B office building, situated on a 1.82-acre lot in West Lawn, Pennsylvania, presents a unique investment opportunity. Built in 2002 and renovated in 2015, the property is zoned for planned office/business use and features a total of three suites. Currently, 18,662 square feet of space is available, divisible into units ranging from 1,560 to a maximum contiguous 13,440 square feet. The building boasts convenient parking and easy access from all sides. One available space is a 13,440 square foot corporate service center featuring a high-quality fit-up, including large conference rooms, executive offices, a break room, cubicle areas, and numerous private offices of varying sizes. This space is further divisible to approximately 4,000 square feet or more. The property's address is 2208 Quarry Dr, Reading, PA 19609, and its APN is 80-4387-19-61-9762. This versatile property is suitable for traditional office, executive office, or medical office uses. Special incentives may be available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,148,928
    6.5%
    $3,829,780
    7%
    $3,556,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,061,146
    Geo Method
    $3,512,141
  • Alternative Use

    Use
    Valuation
    Residential
    $4,748,927
    Hospitality
    $4,349,992
    Educational
    $3,619,142
    Medical
    $3,743,610
    Retail
    $5,629,776
2208 Quarry Dr, West Lawn, Pennsylvania

Location Insight

City
Reading
County
Berks
State
Pennsylvania
Latitude
40.3413
Longitude
-76.0028
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
$19,159
$376,400
$1,037,800
$1,414,200
-
$376,400
$1,037,800
$1,414,200

FAQs

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