Technical
Financial
Distress signals
Property profile

1014 Windsor St Reading, PA 19604

OFF-MARKET
Warehouses
Property ID
US73-1068978
40,000 SF 0.23 ac lot Built 1880
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 40,000 square foot industrial property, situated at 1014 Windsor Street in Reading, Pennsylvania, presents a compelling investment opportunity. The former mill building boasts a strategic location, just one block away from the newly constructed STEM education center for the Reading School District, ensuring high visibility and potential for future development. The building itself is structurally sound and features two convenient drive-in bays equipped with new overhead doors, along with a functional loading dock for efficient material handling. Internal transport is facilitated by a large freight elevator, providing easy access to the upper floors. The property sits on a 0.23-acre lot, offering ample space for maneuvering and potential expansion. All essential utilities are readily available, simplifying the process for any future tenant or owner looking to adapt the space to their specific needs. The building's size and features make it suitable for a variety of industrial uses, from warehousing and manufacturing to light industrial operations. Its proximity to the STEM center adds significant value, attracting a skilled workforce and fostering a vibrant community environment. This property represents a rare opportunity to acquire a well-maintained industrial building in a rapidly developing area of Reading, Pennsylvania. The asking price is $305,000.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1880
Total area 40,000 SF
Lot 0.23 ac (10,019 SF)
APN 5317-45-05-7078
UPID US73-1068978

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1014 Windsor St Reading, PA 19604
Reading metro Census 1400 READING, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2023
Last sale
$150,000
3 recorded transactions
2023
$150,000
2022
$111,900
2011
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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