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    615 Hiesters Ln Reading, PA 19605

    Sponsored
    For Lease
    $4 SF/Yr

    Three industrial spaces available; 9,298 - 96,635 SF

    Lot size:
    171,181 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 615 Hiesters Lane in Berks County, offers three distinct warehouse spaces for lease, totaling 171,181 square feet on a 3.5-acre lot. The building, constructed in 1910 and featuring three stories, provides a unique blend of historical character and modern functionality. Spaces range from a minimum of 9,298 square feet to a maximum contiguous space of 96,635 square feet, offering flexibility for various business needs. The property boasts a variety of features including 4 loading docks, 5 drive-in doors, and ample parking for 150 vehicles. Ceiling heights range from 10 to 13 feet. Significant portions of the building are climate-controlled, making it suitable for a range of uses. The property benefits from heavy power and is zoned MC - Manufacturing/Commercial, ideal for fabrication or light manufacturing operations. Its location provides access to a rich labor pool. The property's APN is 5308-20-81-4030 and 5308-20-81-6063. This is a rare opportunity to secure substantial industrial space in a desirable location. Inquire today for lease details and availability.

    Property Features for 615 Hiesters Ln

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    171,181 SF
    Total Rate
    67759.15

    Building Details

    Year Built
    1910
    Stories
    3

    Unit(s) available at that property

    Space
    1st Floor
    Size
    96,635 SF
    Rate per SF
    $4
    Space
    2 Floor
    Size
    65,248 SF
    Rate per SF
    $4
    Space
    3rd Floor
    Size
    9,298 SF
    Rate per SF
    $4

    HighLights

    • Three industrial flex spaces available for lease: 96,635 SF, 65,248 SF, and 9,298 SF.
    • Suitable for fabrication or light manufacturing.
    • Climate‑controlled space available.
    • Excellent access to a large labor pool.
    • 171,181 SF building on a 3.5‑acre lot with heavy power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.92403895
    Latitude
    40.36430724

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    FAQs

    What type of property is this?
    Distribution property - Three industrial spaces available; 9,298 - 96,635 SF
    Where is this distribution property located?
    The property is located at 615 Hiesters Ln Reading, PA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Three industrial flex spaces available for lease: 96,635 SF, 65,248 SF, and 9,298 SF.; Suitable for fabrication or light manufacturing.; Climate-controlled space available.
    Request Owner's contact information
    615 Hiesters Ln Reading, PA 19605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    615 Hiesters Ln Reading, PA 19605
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