Truck Terminal with High-Bay
For Sale
$3,400,000
784 & 792 Memorial Highway, Oley, PA 19547
HB-zoned commercial campus combines fleet service facilities, an income-producing garage, and a separate office building.
Property Size20,992 SF
Lot Size18.60 Acres
Price / SF$161.97
Days on Market14
Property Features for 784 & 792 Memorial Highway
General Information
Standard status
Active
Size
20,992 SF
Lot size
18.60 Acres
Zoning
HB
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
32 ft
Office Build-Out
2,904 SF
Additional Details
Tenant in Place
Yes
Property Use
Shop
Taxes and HOA fees
Annual Taxes
$37,582
Amenities
Ceramic Tile,Heated,Luxury Vinyl Tile,Concrete
Oil
Yes
Propane - Owned
4
Over 24'
Refer to Listing Agent
Backs to Trees,Partly Wooded,Road Frontage
Well
1000-4999,10000-14999
18.31
No
Estimated
Parking Lot,Driveway,Private Garage
US Highway/Interstate
50
Block,Slab
20992.00
239800.00
623
100
Building Details
Building Size
20,992 SF
Year Built
1972
Buildings
3
Construction
pre-engineered metal
Listing Agency:
Keller Williams Platinum Realty - Wyomissing
(610) 898-1441
Listed By:
Chris Marrella · License #RS362685
(609) 442-9946
Source:
Kempandassociatesre
Added: Oct 19
Changed: Oct 31
Last Checked: Oct 31 at 2:40AM
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
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Investment Insights
Based on property information with market context.
This truck terminal campus includes a 15,040-square-foot pre-engineered metal shop, 4,256 square feet of garage space, and a separate 2,904-square-foot office building. The shop has 32-foot clear heights, drive-through truck bays, dedicated wash and paint bays, mezzanine storage, a parts room, and a 10-ton crane. Office and breakroom areas are also provided. The garage is leased, with renewal options, while the separate office building offers another administrative or rental space on the property.
Site infrastructure includes gasoline and diesel storage capacity exceeding 22,000 gallons, a 45,000-gallon buried water tank, an engineered wash bay with an oil separator and 3,000-gallon holding tank, and on-site water and septic. A stone yard provides space for truck parking, equipment staging, and material storage. The property has 623 feet of frontage on Memorial Highway (Route 73) and HB zoning, which the source identifies as permitting contractor shops, warehousing, trucking, and a broad range of commercial uses without special exceptions.
Site infrastructure includes gasoline and diesel storage capacity exceeding 22,000 gallons, a 45,000-gallon buried water tank, an engineered wash bay with an oil separator and 3,000-gallon holding tank, and on-site water and septic. A stone yard provides space for truck parking, equipment staging, and material storage. The property has 623 feet of frontage on Memorial Highway (Route 73) and HB zoning, which the source identifies as permitting contractor shops, warehousing, trucking, and a broad range of commercial uses without special exceptions.
Key Highlights
- 15,040‑square‑foot shop with 32‑foot clear heights
- 4,256‑square‑foot garage is leased, with options to renew
- Separate 2,904‑square‑foot office building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$207,821
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,156,420
$4.2M
Cap Rate 7%
$2,968,871
$3.0M
Cap Rate 9%
$2,309,122
$2.3M
Market Conditions
NOI Build-Up for 20,992 SF
Gross rent
$377.9K $18.00/SF
− Vacancy
−$45.3K −$2.16/SF
EGI
$332.5K $15.84/SF
− OpEx
−$124.7K −$5.94/SF
NOI
$207.8K $9.90/SF
Area
Berks County, PA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,156,420
Cap Rate 7%
$2,968,871
Cap Rate 9%
$2,309,122
Alternative Uses
Best Use
Mixed Use
$2.97M
$2.60M – $3.46M
NOI $207,821 @ 7.0% cap · market cap 6.11%
Second Best
Warehouse
$2.12M
$1.86M – $2.48M
NOI $148,732 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$3.45M
$3.02M – $4.02M
NOI $241,223 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
32 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Truck terminal - HB-zoned commercial campus combines fleet service facilities, an income-producing garage, and a separate office building.
Where is this truck terminal located?
The property is located at 784 & 792 Memorial Highway 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: 15,040‑square‑foot shop with 32‑foot clear heights; 4,256‑square‑foot garage is leased, with options to renew; Separate 2,904‑square‑foot office building
