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    1112 Butler St Reading, PA 19601

    For Sale
    $40,000

    Prime location, buildable vacant lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 0.1-acre vacant lot, located at 1112 Butler Street in Reading, PA, presents a unique opportunity for various commercial ventures. Situated in the Manufacturing Commercial District, this property offers convenient access to major transportation routes and highways, making it an ideal location for businesses needing efficient logistics. The lot's dimensions are 40 feet wide by 115 feet deep, providing ample space for development. The permitted uses are diverse and include vehicle sales or rental, warehouse and distribution facilities, storage, recreation facilities, public parks, auto repair and car washes, assembly and packaging, and manufacturing or industrial processing. The property's accessibility allows for easy viewing and touring at any time. For those requiring more space, an adjacent lot (1116 Butler Street) is also available, doubling the potential area to 80 feet wide by 115 feet deep. A significant advantage of the adjacent lot is the pre-existing water line connection. This property is located on the outskirts of the city limits, offering a blend of accessibility and a less congested environment. This is a rare opportunity to acquire a well-positioned lot with multiple development possibilities in a thriving commercial zone. The asking price for this exceptional property is $40,000.

    Property Features for 1112 Butler St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    4,356 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9474
    Latitude
    40.35104

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, buildable vacant lot.
    Where is this commercial real estate located?
    The property is located at 1112 Butler St Reading, PA.
    What is the asking price?
    The asking price for this property is $40,000.
    (610) 372-3200
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    Realmo Value Estimation

    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.

    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.

    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
    1112 Butler St Reading, PA 19601
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