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    305 N Park Rd Wyomissing, PA 19610

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    For Lease
    Contact for pricing

    1.3 acres of improved land in a high-development area.

    Property size:
    1 SF
    Lot size:
    1.20 Acres

    Property Features for 305 N Park Rd

    General Information

    Size
    1 SF
    Lot size
    1.20 Acres

    Source: John Buccinno, SIOR CCIM Agent John Buccinno, SIOR CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Improved Land in Wyomissing

    This property features 1.3 acres of improved land suitable for build-to-suit or ground lease opportunities. The site is partially improved and level, offering great street frontage and visibility. It is located in an area undergoing major development, situated behind a 1.2-acre site for redevelopment, which is currently a surplus parking area for an established high-end steakhouse. Immediately behind the site is a 19-acre tract under construction, slated for a 53,000 square foot medical equipment manufacturer's research and development lab and tech space, along with a 200,000 square foot medical school. The property is positioned in the heart of over $100 million of new development projects that are reinventing the North Park Road and Penn Avenue corridors of Wyomissing and West Reading, Pennsylvania.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9565916
    Latitude
    40.3405941

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    FAQs

    What type of property is this?
    Land - 1.3 acres of improved land in a high-development area.
    Where is this land located?
    The property is located at 305 N Park Rd Wyomissing, PA.
    What are key features of this property?
    This property features: - 1.3 Acres of Improved Land suitable for building.; - Located in the heart of over $100 million of new development projects.; - Redevelopment opportunity with surplus parking from established steakhouse.
    (610) 370-8508
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    Wyomissing, PA 19610
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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
    305 N Park Rd Wyomissing, PA 19610
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