1991 State Hl RdWyomissing, PA 19610

  • Office buildings
  • 10,604 SF
For Lease
$19.50/SF/YR View listing

Property Details for 1991 State Hl Rd

Year built
1995
Lot size
1.28 AC
Property size (Sq ft)
10,604 SF
Property type
Office buildings
APN
4397-18-41-4423
APU
439718414423

Description

This exceptional Class A medical office space, totaling 2,717 square feet, is ideally situated at 1991 State Hill Road in Wyomissing, Pennsylvania. Built in 1995, the property boasts a prime location with convenient access via Berkshire Blvd. The suite is currently vacant and immediately available for lease. The space features a thoughtfully designed layout including seven versatile rooms suitable for use as offices, exam rooms, or conference rooms. A spacious waiting area ensures patient comfort, while a dedicated reception area with separate check-in and check-out windows streamlines administrative processes. A well-equipped kitchenette adds convenience, and a lab room provides ample space for specialized medical procedures. Two restrooms complete the suite's amenities. The building is zoned C-2 and features one elevator for easy accessibility. The property's Assessed Parcel Number (APN) is 96-4397-18-41-4423. This is a multi-tenant building with a minimum divisible space of 2,717 square feet. This turnkey medical office suite presents a rare opportunity for medical professionals seeking a well-appointed and conveniently located space to establish or expand their practice. The property's modern design and functional layout make it an ideal setting for a variety of medical specialties.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,636,727
    6.5%
    $1,510,825
    7%
    $1,402,909
  • Comparable approach

    Method
    Valuation
    Relative Method
    $813,110
    Geo Method
    $1,385,519
  • Alternative Use

    Use
    Valuation
    Residential
    $1,873,423
    Hospitality
    $1,716,046
    Educational
    $1,427,730
    Medical
    $1,476,832
    Retail
    $2,220,913

Location Insight

City
Wyomissing
County
Berks
State
Pennsylvania
Latitude
40.3394
Longitude
-75.9759
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
$15,711
$568,500
$574,500
$1,143,000
-
$568,500
$574,500
$1,143,000

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