Office Suite with Private
For Sale
Contact for pricing
5 HEARTHSTONE COURT #201, Reading, PA 19606
The suite includes multiple offices, a waiting area, and an ADA-compliant entrance.
Property Size1,383 SF
Price / SF$0.01
Days on Market11
Property Features for 5 HEARTHSTONE COURT #201
General Information
Standard status
Active
Size
1,383 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Building Details
Year Built
2000
Listing Agency:
RE/MAX Of Reading
Listed By:
Kent E Wrobel · License #AB067831
(610) 670-2770
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 31
Last Checked: Nov 1 at 5:38AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office Suite 201 offers 1,315 square feet with three offices or a conference room, a large assistant’s office, file storage potential, multiple cubicles, one ADA-compliant restroom, and a compact waiting area. An automatic sliding door provides entry from the rear parking lot, where private parking is available.
Suite 206 adjoins Suite 201 and measures 1,674 square feet. Its layout includes two offices, two restrooms, a kitchenette, and open area for cubicles. Both suites are located near the Mt. Penn exit off Route 422 E.
Suite 206 adjoins Suite 201 and measures 1,674 square feet. Its layout includes two offices, two restrooms, a kitchenette, and open area for cubicles. Both suites are located near the Mt. Penn exit off Route 422 E.
Key Highlights
- Suite 201 contains 1,315 square feet and three offices or a conference room
- Suite 201 has one ADA‑compliant restroom and a small waiting area
- Automatic sliding entrance door at the rear parking lot; private parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,588
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,760
$231.8K
Cap Rate 7%
$165,543
$165.5K
Cap Rate 9%
$128,756
$128.8K
Market Conditions
NOI Build-Up for 1,383 SF
Gross rent
$17.9K $12.96/SF
− Vacancy
−$2.5K −$1.79/SF
EGI
$15.5K $11.17/SF
− OpEx
−$3.9K −$2.79/SF
NOI
$11.6K $8.38/SF
Area
Berks County, PA
Vacancy
13.80%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,760
Cap Rate 7%
$165,543
Cap Rate 9%
$128,756
Alternative Uses
Best Use
Office B
$165.5K
$144.9K – $193.1K
NOI $11,588 @ 7.0% cap · market cap 115,880.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$227.0K
$198.7K – $264.9K
NOI $15,892 @ 7.0% cap · market cap 158,920.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
Explore this area
Business Placement
Demographics for 19606, PA
35,153
Population
14,593
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
26.7 sq mi
ZIP Area
1,317
Density / Sq Mi
$81,872
Median Household Income
$45,583
Median Earnings
$1,282
Median Rent
$229,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes multiple offices, a waiting area, and an ADA-compliant entrance.
Where is this office unit located?
The property is located at 5 HEARTHSTONE COURT #201 Reading, PA.
What are key features of this property?
This property features: Suite 201 contains 1,315 square feet and three offices or a conference room; Suite 201 has one ADA‑compliant restroom and a small waiting area; Automatic sliding entrance door at the rear parking lot; private parking available
