Industrial Mining
For Sale
$6,500,000
1246 And 1246-A Maidencreek Rd, Fleetwood, PA 19522
Fenced property with industrial zoning, paved private parking, and electric, natural gas, and steam systems.
Property Size77,398 SF
Price / SF$83.98
Days on Market715
Property Features for 1246 And 1246-A Maidencreek Rd
General Information
Standard status
Active
Size
77,398 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
RE/MAX Of Reading
Listed By:
Randy L Weidner · License #PA RS196634L
(610) 670-2770
Source:
Baltimoreharfordhomesforsale
Added: Nov 20, 2024
Changed: Nov 1
Last Checked: Nov 3 at 7:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Of Reading
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mining land and claims property is designated INDUSTRIAL (I) and includes a fenced exterior with a private, paved parking lot. The property has electric service, natural gas, forced-air and steam systems, and an electric water heater. County records identify the property within Berks County.
Access is described from Route 61 North via Route 73 East, Calcium Road, and Maidencreek Road, with the property located on the right. The address is 1246 and 1246-A Maidencreek Road in Fleetwood, Pennsylvania.
Access is described from Route 61 North via Route 73 East, Calcium Road, and Maidencreek Road, with the property located on the right. The address is 1246 and 1246-A Maidencreek Road in Fleetwood, Pennsylvania.
Key Highlights
- Mining land and claims property with INDUSTRIAL (I) zoning
- Fenced property with private, paved parking lot
- Electric, natural gas, forced‑air, and steam systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$451,607
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,032,140
$9.0M
Cap Rate 7%
$6,451,529
$6.5M
Cap Rate 9%
$5,017,856
$5.0M
Market Conditions
NOI Build-Up for 77,398 SF
Gross rent
$683.4K $8.83/SF
− Vacancy
−$38.3K −$0.49/SF
EGI
$645.2K $8.34/SF
− OpEx
−$193.5K −$2.50/SF
NOI
$451.6K $5.83/SF
Area
Berks County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,032,140
Cap Rate 7%
$6,451,529
Cap Rate 9%
$5,017,856
Alternative Uses
Best Use
Industrial
$6.45M
$5.65M – $7.53M
NOI $451,607 @ 7.0% cap · market cap 6.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.71M
$11.12M – $14.82M
NOI $889,396 @ 7.0% cap · market cap 13.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 19522, PA
14,098
Population
5,625
Households
2.5
Avg Household Size
45
Median Age
24%
College-Educated
91%
High-School Grad
46.6 sq mi
ZIP Area
303
Density / Sq Mi
$95,366
Median Household Income
$51,043
Median Earnings
$1,202
Median Rent
$255,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mining land & claim - Fenced property with industrial zoning, paved private parking, and electric, natural gas, and steam systems.
Where is this mining land & claim located?
The property is located at 1246 And 1246-A Maidencreek Rd Fleetwood, PA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Mining land and claims property with INDUSTRIAL (I) zoning; Fenced property with private, paved parking lot; Electric, natural gas, forced‑air, and steam systems
