Building Details

Building Size 20,992 SF

Year Built 1972

Listing Agency: Keller Williams Platinum Realty - Wyomissing - 6108981441 c***@kw.com Show Phone

Listed By: Chris Marrella · License #RS362685 Show Phone

Source: Evrealestate

Added: Apr 8 Changed: Aug 7 Last Checked: Aug 31 at 4:10PM

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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 Keller Williams Platinum Realty - Wyomissing - 6108981441

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

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

$212,848

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

6.26%

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%

$4,256,960 $4.3M

Cap Rate 7%

$3,040,686 $3.0M

Cap Rate 9%

$2,364,978 $2.4M

Market Conditions

NOI Build-Up for 20,992 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

$317.4K $15.12/SF

− Vacancy

−$13.3K −$0.64/SF

EGI

$304.1K $14.48/SF

− OpEx

−$91.2K −$4.35/SF

NOI

$212.8K $10.14/SF

Area

Berks County, PA

Vacancy

4.20%

Lease Rate

$15.12 /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%

$4,256,960

Cap Rate 7%

$3,040,686

Cap Rate 9%

$2,364,978

Alternative Uses

Best Use

Retail

$3.04M

$2.66M – $3.55M (±1% cap)

NOI $212,848 @ 7.0% cap · market cap 6.26%

Second Best

Warehouse

$2.12M

$1.86M – $2.48M (±1% cap)

NOI $148,732 @ 7.0% cap · market cap 4.37%

Theoretical Best

Office A

$3.45M

$3.02M – $4.02M (±1% cap)

NOI $241,223 @ 7.0% cap · market cap 7.09%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Rota-Mill, Inc. Construction Company

Suggested Use

Top Pick Building Supply Real Estate Agency Storage Facility Hair Salon Pharmacy Garden Center

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

26

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 19547, PA

4,429

Population

2,042

Households

2.2

Avg Household Size

48

Median Age

38%

College-Educated

95%

High-School Grad

28.5 sq mi

ZIP Area

155

Density / Sq Mi

$89,259

Median Household Income

$57,500

Median Earnings

$1,178

Median Rent

$296,500

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

• Hoover Storage — 881 Memorial Hwy, Oley, PA 19547

Frequently Asked Questions

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 $3,400,000.

What are key features of this property?

This property features: Water and creek/stream view; Central air conditioning for comfortable living; Forced air heating