Oley Commercial Property for
784 & 792 Memorial Hwy Oley, PA 19547
784 & 792 Memorial Hwy, Oley, PA, 19547
$3,500,000
For Sale
$3,500,000
Commercial property available for sale in Oley, Pennsylvania.
Property Size20,992 SF
Price / SF$166.73
Days on Market102
Property Features for 784 & 792 Memorial Hwy
General Information
- Standard status
- Active
- Size
- 20,992 SF
Building Details
- Year Built
- 1972
Listing Agency
Keller Williams Platinum Realty - Wyomissing
(609) 442-9946
Listed by
Chris Marrella · License #RS362685
(609) 442-9946
Source
Evrealestate
Added: Apr 8 Checked: Jul 17 at 12:07 pm
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 Keller Williams Platinum Realty - Wyomissing
Investment Insights
Based on property information with market context.
The commercial property, located at 784 & 792 Memorial Hwy, Oley, PA 19547, encompasses 20,992 square feet. The property is suitable for warehouses, industrial purposes, auto shops, automotive businesses, retail spaces, and other commercial real estate ventures. Directions to the property are as follows: Take US-222 N, then the US-222 BUS S exit toward Laureldale. Continue onto Park Rd, turn right onto W Wesner Rd, and then right onto PA-73 E/Main St. Follow PA-73 E, and at the traffic circle, continue straight onto PA-662 S/PA-73 E. The property will be on the right. The property is located in Berks County.
Key Highlights
- Water and creek/stream view
- Central air conditioning for comfortable living
- Forced air heating
Local Financial Insights For Retail
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 | $317.4k | $15.12 |
| − Vacancy | −$13.3k | −$0.64 |
| EGI | $304.1k | $14.48 |
| − OpEx | −$91.2k | −$4.35 |
| NOI | $212.8k | $10.14 |
20,992 SF · lease $15.12/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.04M
$2.66M – $3.55M
NOI $212,848 @ 7.0% cap · market cap 6.08%
Second Best
Warehouse
$2.12M
$1.86M – $2.48M
NOI $148,732 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$3.45M
$3.02M – $4.02M
NOI $241,223 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rota-Mill, Inc.
Construction Company
Similar Off Market Nearby
- Hoover Storage — 881 Memorial Hwy, Oley, PA 19547
FAQs
What type of property is this?
Warehouse - Commercial property available for sale in Oley, Pennsylvania.
Where is this warehouse located?
The property is located at 784 & 792 Memorial Hwy Oley, PA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Water and creek/stream view; Central air conditioning for comfortable living; Forced air heating
