Light Industrial Land with Truck Repair
720 Hall Ave Reading, PA 19606
720 Hall Ave, Reading, PA, 19606
$300,000
Pending
For Sale
$300,000
Pending
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 Market268
Property Features for 720 Hall Ave
General Information
- Standard status
- Pending
- Size
- 4,230 SF
- Lot size
- 8.80 Acres
Listing agency
Richard A Zuber Realty-Boyertown
(484) 838-9097
Listed by
Lee H Heffner
(484) 838-9097
Source
Exprealty
Added: Oct 27, 2025 Updated: Jul 21 at 3:11AM Checked: Jul 21 at 3:11AM
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
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
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $8.83 |
| − Vacancy | −$2.1k | −$0.49 |
| EGI | $35.3k | $8.34 |
| − OpEx | −$10.6k | −$2.50 |
| NOI | $24.7k | $5.83 |
4,230 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Walmart Auto Care Centers — 5900 Perkiomen Ave, Reading, PA 19606
- Wolf's Repair Shop L.L.C. Please text. — 5036 Painted Sky Rd, Reading, PA 19606
FAQs
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
