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Auto Shop with Service Bays
For Sale
$860,000

15524 Kutztown Rd, Kutztown, PA 19530

Commercial property with professional offices, storage areas, and an expansive lot for inventory and customer parking.

Property Size3,160 SF
Price / SF$272.15
Days on Market12

Property Features for 15524 Kutztown Rd

General Information

Standard status Active
Size 3,160 SF

Site & Location

Highway Access Yes
Road Access Yes
Outdoor Storage Yes

Amenities

service bays
professional offices
on-site storage
private owner's apartment
guest quarters

Building Details

Year Built 1990
Abandoned No
Listing Agency: Iron Valley Real Estate of Lehigh Valley
Listed By: Robert Inselmann · License #AB066154
Source: Lgagne
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 25 at 5:01AM

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 Iron Valley Real Estate of Lehigh Valley

Investment Insights

Based on property information with market context.

This 3,160-square-foot auto shop was built in 1990 and is currently configured as a European auto dealership. The property includes service bays, professional office areas, on-site storage, and a private owner’s apartment with separate guest quarters. An expansive lot provides space for vehicle inventory and customer parking.

Located on Route 222 at 15524 Kutztown Rd in Maxatawny Twp, the property offers access to I-78, Routes 100, and 22. The site is positioned within a commercial corridor and is zoned for a variety of commercial uses.

Key Highlights

  • 3,160‑square‑foot auto shop built in 1990
  • Service bays with professional office areas and on‑site storage
  • Expansive lot for vehicle inventory and customer parking

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$32,041
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.73%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$640,820 $640.8K
Cap Rate 7%
$457,729 $457.7K
Cap Rate 9%
$356,011 $356.0K
Market Conditions
NOI Build-Up for 3,160 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.8K $15.12/SF
− Vacancy
−$2.0K −$0.64/SF
EGI
$45.8K $14.48/SF
− OpEx
−$13.7K −$4.35/SF
NOI
$32.0K $10.14/SF
Area
Berks County, PA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$640,820
Cap Rate 7%
$457,729
Cap Rate 9%
$356,011

Alternative Uses

Best Use
Retail
$457.7K
$400.5K – $534.0K (±1% cap)
NOI $32,041 @ 7.0% cap · market cap 3.73%
Second Best
Industrial
$263.4K
$230.5K – $307.3K (±1% cap)
NOI $18,438 @ 7.0% cap · market cap 2.14%
Theoretical Best
Office A
$518.7K
$453.9K – $605.2K (±1% cap)
NOI $36,312 @ 7.0% cap · market cap 4.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Storage Facility Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby
Well-served
Demand for This Use

Demographics for 19530, PA

14,830
Population
4,921
Households
3
Avg Household Size
30
Median Age
34%
College-Educated
93%
High-School Grad
54.6 sq mi
ZIP Area
272
Density / Sq Mi
$74,138
Median Household Income
$20,122
Median Earnings
$1,158
Median Rent
$265,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Commercial property with professional offices, storage areas, and an expansive lot for inventory and customer parking.
Where is this auto shop located?
The property is located at 15524 Kutztown Rd Kutztown, PA.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: 3,160‑square‑foot auto shop built in 1990; Service bays with professional office areas and on‑site storage; Expansive lot for vehicle inventory and customer parking
More about this property
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