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Developable Industrial Land Parcel
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1B Morgantown Road, Reading, PA 19607

Developable industrial land with completed wetland and soil testing, plus traffic impact studies.

Property SizeContact for details
Lot Size70.00 Acres
Days on Market124

Property Features for 1B Morgantown Road

General Information

Standard status Active
Lot size 70.00 Acres
Property subtype Land

Additional Details

Highway Access Yes
Listing Agency: NAI Keystone Commercial & Industrial, LLC
Listed By: John Buccinno · License #AB066056
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:04AM

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 NAI Keystone Commercial & Industrial, LLC

Investment Insights

Based on property information with market context.

The property consists of more than 70 acres of developable industrial land in Cumru Township, just outside the City of Reading. Public remarks indicate that wetland/environmental work, soil testing, and traffic impact studies have been completed with acceptable results, and the current owner is finalizing the Highway Occupancy Permit process with submission expected in the first quarter of 2020.

According to the provided description, the parcel is suited for a campus-like industrial manufacturing facility with room for growth or a significant employee count. The location is described as providing a less than two-minute drive to I-176, which connects to the I-76 Turnpike to the south, as well as to the 422/222 highway systems to the north and onward to the I-78 corridor.

Key Highlights

  • 70+ acres of developable industrial land in Cumru Township, just outside the City of Reading
  • Wetland/environmental work completed, with acceptable results from completed soil testing and traffic impact studies
  • Highway Occupancy Permit process is being finalized; final application planned for first quarter 2020

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

167
Businesses Nearby

Demographics for 19607, PA

23,431
Population
10,177
Households
2.3
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
11.2 sq mi
ZIP Area
2,092
Density / Sq Mi
$80,550
Median Household Income
$46,953
Median Earnings
$1,283
Median Rent
$210,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Developable industrial land with completed wetland and soil testing, plus traffic impact studies.
Where is this industrial land located?
The property is located at 1B Morgantown Road Reading, PA.
What are key features of this property?
This property features: 70+ acres of developable industrial land in Cumru Township, just outside the City of Reading; Wetland/environmental work completed, with acceptable results from completed soil testing and traffic impact studies; Highway Occupancy Permit process is being finalized; final application planned for first quarter 2020
(610) 779-1400 Call to check price and availability
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