Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1200 Broadcasting Rd Wyomissing, PA 19610

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Modern medical suites, flexible sizes, prime location.

    Lot size:
    24,194 SF

    Property Features for 1200 Broadcasting Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,194 SF
    Class
    B
    Total Rate
    31250.58

    Building Details

    Year Built
    2002
    Buildings
    1
    Stories
    2

    Spaces For Lease

    at 1200 Broadcasting Rd, Wyomissing, PA 19610 Contact us
    Unit Suite 100

    $15 /Mo

    Size
    3,406 SF
    Contact us

    We can help!

    Listing Contact
    Patrick Zerbe
    Patrick Zerbe

    Listing Agent: Patrick Zerbe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional two-story, Class B medical office building, situated within the prestigious Corporate Campus at Spring Ridge in Berks County, presents a unique investment opportunity. Boasting a total of 24,194 square feet, the building offers multiple suites, with a minimum divisible space of 1,350 square feet and a maximum contiguous space of 3,406 square feet. Currently, 8,079 square feet are available for lease. Built in 2002, this single building sits on a generous 2.88-acre lot and features ample surface parking. The property's strategic location in Spring Township provides convenient access to Routes 422 and 222, placing it within easy reach of major transportation arteries. Furthermore, its location within a thriving office campus offers the added benefit of proximity to hotels, restaurants, and various entertainment options, creating a highly desirable environment for both tenants and employees. The building's multi-tenant configuration and well-established presence within a known office campus make it an attractive prospect for medical professionals seeking a modern, accessible, and amenity-rich workspace. The building's three suites offer flexibility for various medical practices, ensuring a suitable space for a range of needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9877318
    Latitude
    40.3496584

    Nearby Similar for Lease

    • New
      $21 SF/Yr
      73,181 SF

      Wyomissing Office Space For Lease

      3838 Sq Ft office space available for lease.
      68 Commerce Dr, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      29,322 SF

      Wyomissing Professional Center Office Space

      Multi-tenanted office building in the heart of Wyomissing.
      875 Berkshire Blvd, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      23,400 SF

      Wyomissing Professional Center Office Space

      New construction office space available in Wyomissing Professional Center.
      835 Berkshire Blvd, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      1,634 SF

      Move-in Ready Office Sublease

      Second floor office space available for sublease through 2026.
      999 Berkshire Blvd, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      16,000 SF

      Wyomissing Borough Class B Office

      Two-story Class B office building in Wyomissing Borough.
      833 N Park Rd, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      16,026 SF

      Wyomissing Professional Center Office Suites

      Office suites for lease in Wyomissing Professional Center.
      975 Berkshire Blvd, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      45,000 SF

      Premier Commercial Space in Wyomissing

      Modern office space with amenities, parking, and customizable floor plans.
      200 N Park Rd, Wyomissing, PA 19610
      View Details
    • $22 SF/Yr
      70,000 SF

      Class A Office Space Available

      Professionally managed office building with highway access and retail amenities.
      2 Meridian Blvd, Wyomissing, PA 19610
      View Details
    • $12 SF/Yr
      30,000 SF

      Professional Office Building in Wyomissing

      Multi-tenant office building with move-in ready spaces and highway access.
      4 Park Plz, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      43,000 SF

      Wyomissing Corporate Campus Office Space

      Multi-tenanted office campus with medical and back-office operations.
      1010 Reed Ave, Wyomissing, PA 19610
      View Details
    • $8 SF/Yr
      30,000 SF

      Professional Office Building in Wyomissing

      Move-in ready office spaces with highway access and on-site parking.
      3 Park Plz, Wyomissing, PA 19610
      View Details
    • Contact for pricing
      25,709 SF

      Move-in Ready Office Space

      Easily accessible office space in Spring Ridge with abundant parking.
      10-20 Commerce Dr, Wyomissing, PA 19610
      View Details

    FAQs

    What type of property is this?
    Medical office - Modern medical suites, flexible sizes, prime location.
    Where is this medical office located?
    The property is located at 1200 Broadcasting Rd Wyomissing, PA.
    What is the lease rate?
    The lease rate is $0.00-$15 SF/Yr.
    What are key features of this property?
    This property features: 24,194 SF medical office building in Berks County.; Multiple tenants, with 8,079 SF currently vacant.; Suites range from 1,350 SF to 3,406 SF contiguous.
    (610) 370-8507 Call to check price and availability
    Request Owner's contact information
    1200 Broadcasting Rd Wyomissing, PA 19610
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1200 Broadcasting Rd
    Wyomissing, PA 19610
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1200 Broadcasting Rd Wyomissing, PA 19610
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Patrick Zerbe
    Patrick Zerbe
    Real Estate License ID: #RS356626
    (610) 370-8507 (610) 779-1400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!