Light Industrial Land with Truck Repair
For Sale
$300,000
Pending
720 Hall Ave, Reading, PA 19606
8.8-acre site in Exeter Township with light industrial zoning, public sewer, private well and electricity, plus a large truck repair garage.
Property Size4,230 SF
Lot Size8.80 Acres
Days on Market359
Property Features for 720 Hall Ave
General Information
Standard status
Pending
Size
4,230 SF
Lot size
8.80 Acres
Zoning
Light Industial District
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$4,269
Listing Agency:
Richard A Zuber Realty-Boyertown
(610) 369-0303
Listed By:
Lee H Heffner
(484) 838-9097
Source:
Exprealty
Added: Oct 27, 2025
Changed: Oct 1
Last Checked: Oct 19 at 11:28AM
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 Richard A Zuber Realty-Boyertown
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Investment Insights
Based on property information with market context.
The offering consists of 8.8 acres of land in Exeter Township, zoned Light Industrial District. Improvements include a large garage of 4,230 square feet currently used as a truck repair shop, along with several smaller garages. Utilities available on-site include public sewer, a private well, and electricity.
The property is located minutes from Route 422 and Interstate 176. Please note that part of the site is located in a flood plain.
For additional information about the site and current configuration, please contact the listing agent.
The property is located minutes from Route 422 and Interstate 176. Please note that part of the site is located in a flood plain.
For additional information about the site and current configuration, please contact the listing agent.
Key Highlights
- 8.8‑acre land parcel in Exeter Township
- Zoned Light Industrial District
- Utilities include public sewer, private well, and electricity
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,681
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,620
$493.6K
Cap Rate 7%
$352,586
$352.6K
Cap Rate 9%
$274,233
$274.2K
Market Conditions
NOI Build-Up for 4,230 SF
Gross rent
$37.4K $8.83/SF
− Vacancy
−$2.1K −$0.49/SF
EGI
$35.3K $8.34/SF
− OpEx
−$10.6K −$2.50/SF
NOI
$24.7K $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 Rate 5%
$493,620
Cap Rate 7%
$352,586
Cap Rate 9%
$274,233
Alternative Uses
Best Use
Retail
$612.7K
$536.1K – $714.8K
NOI $42,890 @ 7.0% cap · market cap 14.30%
Second Best
Industrial
$352.6K
$308.5K – $411.4K
NOI $24,681 @ 7.0% cap · market cap 8.23%
Theoretical Best
Office A
$694.4K
$607.6K – $810.1K
NOI $48,608 @ 7.0% cap · market cap 16.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Wolf's Repair Shop L.L.C. Please text. — 5036 Painted Sky Rd, Reading, PA 19606
- Walmart Auto Care Centers — 5900 Perkiomen Ave, Reading, PA 19606
Frequently Asked Questions
What type of property is this?
Auto shop - 8.8-acre site in Exeter Township with light industrial zoning, public sewer, private well and electricity, plus a large truck repair garage.
Where is this auto shop located?
The property is located at 720 Hall Ave Reading, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 8.8‑acre land parcel in Exeter Township; Zoned Light Industrial District; Utilities include public sewer, private well, and electricity
