Building Details

Year Built 1978

Buildings 1

Stories 1

Units 1

Tenancy Multi

Listing Agency: Jackson Cross Partners Show Phone

Listed By: Mark McGarrity · License #RS334396

Source: Crexi

Added: Feb 27 Changed: Aug 8 Last Checked: Aug 8 at 2:53PM

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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 Jackson Cross Partners

Investment Insights

Based on property information with market context.

Located in the Bally Brook Industrial Park, this property features a 45,292-square-foot main warehouse building, along with three one-story smaller masonry storage buildings totaling 5,378 square feet, and a small shed. The total improved warehouse space is 50,670 square feet, situated on 4.85 acres. The property includes a fenced lot with approximately 3 acres of industrial outside storage (IOS) space suitable for raw materials, finished products, or trailer storage. The front of the main unit offers approximately 15,000 square feet of warehousing space with 15' to 16'11" ceiling clear height, one drive-in door, and one dock door. The back of the building provides up to 18'7" ceiling clear heights, a small amount of office space, one dock door, and two drive-in doors, including an oversized drive-in door. The unit is equipped with new heaters throughout, making it suitable for a user-buyer seeking a vacant warehouse building.

Key Highlights

• Vacant warehouse building suitable for user‑buyer.
• Approximately 3 acres of fenced‑in industrial outside storage (IOS) space.
• Total of 50,670 sf of improved warehouse space.

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

$295,653

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

8.34%

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%

$5,913,060 $5.9M

Cap Rate 7%

$4,223,614 $4.2M

Cap Rate 9%

$3,285,033 $3.3M

Market Conditions

NOI Build-Up for 50,670 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

$447.4K $8.83/SF

− Vacancy

−$25.1K −$0.49/SF

EGI

$422.4K $8.34/SF

− OpEx

−$126.7K −$2.50/SF

NOI

$295.7K $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 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%

$5,913,060

Cap Rate 7%

$4,223,614

Cap Rate 9%

$3,285,033

Alternative Uses

Best Use

Warehouse

$5.13M

$4.49M – $5.98M (±1% cap)

NOI $359,007 @ 7.0% cap · market cap 10.12%

Second Best

Industrial

$4.22M

$3.70M – $4.93M (±1% cap)

NOI $295,653 @ 7.0% cap · market cap 8.34%

Theoretical Best

Office A

$8.32M

$7.28M – $9.70M (±1% cap)

NOI $582,259 @ 7.0% cap · market cap 16.42%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Dr. Diane E. ... Physician Heat4less HVAC Service Mr. Jonathan Moyer Counselor Compassionate Care Health ... Crisis Center Janina Strouse Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery Real Estate Agency Carpet & Flooring Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

148

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 19503, PA

1,270

Population

489

Households

2.6

Avg Household Size

40

Median Age

22%

College-Educated

91%

High-School Grad

1.6 sq mi

ZIP Area

794

Density / Sq Mi

$75,625

Median Household Income

$47,827

Median Earnings

$1,220

Median Rent

$232,700

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Lock Tight Storage - Bally — 461 Gehman Rd, Barto, PA 19504
• SteelSafe Storage of Bally — 25 N Front St, Bally, PA 19503

Frequently Asked Questions

What type of property is this?

Warehouse - 50,670 SF warehouse on 4.85 acres with IOS.

Where is this warehouse located?

The property is located at 20 N Front St Bally, PA.

What is the asking price?

The asking price for this property is $3,547,000.

What are key features of this property?

This property features: Vacant warehouse building suitable for user‑buyer.; Approximately 3 acres of fenced‑in industrial outside storage (IOS) space.; Total of 50,670 sf of improved warehouse space.