1665 State Hill RdWyomissing, PA 19610
- Retail properties
- 141,726 SF
Property Details for 1665 State Hill Rd
- Year built
- 1970
- Lot size
- 58.75 AC
- Property size (Sq ft)
- 141,726 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- 4397-19-52-9232
- APU
- 439719529232
Description
Berkshire Mall, located at 1665 State Hill Rd, Reading, PA 19610, offers exceptional retail opportunities in Berks County. This established shopping mall boasts a total of 797,205 square feet, with a significant 382,159 square feet currently available for lease. The property is categorized as a multi-tenant retail space, ideal for a variety of businesses. Spaces range from a minimum of 509 square feet to a maximum contiguous space of 175,004 square feet, providing flexibility for businesses of all sizes. The mall's strategic location in Wyomissing, Pennsylvania, ensures high visibility and accessibility for customers. This presents a unique chance to establish or expand your retail presence within a well-established and thriving shopping center. With approximately 30 spaces available, there are numerous options to suit diverse business needs. The property's substantial size and flexible space options make it an attractive investment for businesses seeking a prominent location in a busy retail environment. This is a prime opportunity to secure a space within a well-known Berks County landmark. Contact us today to learn more about the available spaces and lease terms.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $32,156,850
- 6.5%
- $29,683,246
- 7%
- $27,563,014
-
Comparable approach
- Method
- Valuation
- Relative Method
- $27,386,058
- Geo Method
- $46,665,156
-
Alternative Use
- Use
- Valuation
- Residential
- $25,038,928
- Hospitality
- $22,935,524
- Educational
- $19,082,086
- Medical
- $19,738,350
- Retail
- $29,683,246
Location Insight
- City
- Wyomissing
- County
- Berks
- State
- Pennsylvania
- Latitude
- 40.3409
- Longitude
- -75.9701
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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