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    MERTZTOWN Office Building For Sale Title is generated by Realmo AI

    410 W STATE Street, Mertztown, PA 19539

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    For Sale
    $699,999

    Commercial Sale - MERTZTOWN, PA

    Type:Office
    Property size:
    5,600 SF
    Lot size:
    1.27 Acres
    Price / SF:
    $124/SF
    Added:
    Jun 13, 2025
    Days on Market:
    352
    Last Refresh:
    May 30 at 8:06 pm

    Property Features for 410 W STATE Street

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    51
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    5,600 SF
    Lot size
    1.27 Acres

    Taxes and HOA fees

    Tax Annual Amount
    16852

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1987
    Building materials
    Brick, Wood Siding

    We can help!

    Listing Contact
    James Balliet
    James Balliet

    Listing agent James Balliet License #RS227612L

    Listing office Keller Williams Real Estate - Allentown 1605 N Cedar Crest Boulevard unit: 309, Allentown, PA

    Listing date Jun 13, 2025

    MLS# PABK2058706

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Freestanding 5,600 SF office building on 1.27 acres with 51 parking spaces.
    • Versatile layout suitable for medical, professional office, or service‑based businesses.
    • Strong visibility on W State St with convenient access to Route 222.
    • Opportunity for owner/user to control space and build equity or for investor seeking stable income.
    • Located in a business‑friendly area experiencing residential and commercial growth.
    • Property is also available for lease, offering flexible occupancy options.

    Overview

    Located in Mertztown, PA, 410 W State St is a 5,600 SF office building on 1.27 acres. The freestanding property is divided into five office suites and offers a functional layout suitable for medical, professional office, or service-based users. The flexible space can accommodate a range of business types. The site features 51 dedicated parking spaces. The property has visibility on W State St with access to Route 222 and regional markets. It is located in a business-friendly corridor surrounded by residential and commercial areas. The property is suited for a business owner looking to control their space and build equity, or an investor seeking a stable location. The property is also available for lease.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $72.6k $12.96
    − Vacancy −$10.0k −$1.79
    EGI $62.6k $11.17
    − OpEx −$15.6k −$2.79
    NOI $46.9k $8.38
    5,600 SF · lease $12.96/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $670.3K
    $586.5K – $782.0K (±1% cap)
    NOI $46,920 @ 7.0% cap · market cap 6.70%
    Second Best
    Healthcare Medical
    $666.0K
    $582.8K – $777.0K (±1% cap)
    NOI $46,620 @ 7.0% cap · market cap 6.66%
    Theoretical Best
    Office A
    $919.3K
    $804.4K – $1.07M (±1% cap)
    NOI $64,351 @ 7.0% cap · market cap 9.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spotts Insurance Insurance Agency Village Media Computer & Electronic Repair

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mertztown
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.7068158
    Latitude
    40.4984088

    Nearby Similar for Sale

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    • $569,000

      Operating Country Inn For Sale

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    FAQs

    What type of property is this?
    Office building - Versatile 5,600 SF office building on 1.27 acres.
    Where is this office building located?
    The property is located at 410 W STATE Street Mertztown, PA.
    What is the asking price?
    The asking price for this property is $699,999.
    What are key features of this property?
    This property features: Freestanding 5,600 SF office building on 1.27 acres with **51 parking spaces**.; **Versatile layout** suitable for medical, professional office, or service‑based businesses.; **Strong visibility on W State St** with convenient access to Route 222.
    (610) 972-6808
    We can help!
    Listing Contact
    James Balliet
    James Balliet
    Real Estate License ID: RS227612L
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    410 W STATE Street, MERTZTOWN, PA 19539
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