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    Morgantown Rd & Harmony Rd Morgantown, PA

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    For Lease
    Contact for pricing

    Large Class A industrial park with bulk logistics facilities.

    Property size:
    829,920 SF
    Lot size:
    94.26 Acres

    Property Features for Morgantown Rd & Harmony Rd

    General Information

    Size
    829,920 SF
    Lot size
    94.26 Acres

    Source: KBC Advisors | Philadelphia Agent Mark Chubb

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

    Overview

    Industrial Park Development Opportunity

    Southern Berks Industrial Park, situated on 1200 acres in New Morgan Borough, represents a planned development poised to become one of the region's largest Class A industrial parks. This project aims to revitalize the former Bethlehem Steel Grace Mine, bringing it back into productive use. The strategic location provides immediate access to I-76 and I-176 via the Morgantown Interchange, positioning it 15 miles south of the City of Reading and 30 miles from Philadelphia’s Western Suburbs. The current conceptual plan features 9 buildings, totaling approximately 5.5 million square feet. Phase One will consist of 4 buildings, each designed as a Class A bulk logistics facility, totaling just over 2.5 million square feet. The first building is expected to be delivered early 2024. The property size is 829920 square feet.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Morgantown
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.8899408
    Latitude
    40.1552847

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    FAQs

    What type of property is this?
    Distribution center - Large Class A industrial park with bulk logistics facilities.
    Where is this distribution center located?
    The property is located at Morgantown Rd & Harmony Rd Morgantown, PA.
    What are key features of this property?
    This property features: - Strategic location with immediate access to I-76 and I-176 via the Morgantown Interchange.; - Part of Southern Berks Industrial Park, a planned Class A industrial park on 1200 acres.; - Potential for **5.5 million square feet across 9 buildings**.
    (610) 672-4710
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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
    Morgantown Rd & Harmony Rd Morgantown, PA
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