Add Listing
    For Sale
    • 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

    3944 Old Route 22 Kutztown, PA 19530

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land

    Type:Land
    Lot size:
    15.00 Acres
    Added:
    Sep 3, 2024
    Days on Market:
    591
    Last Refresh:
    Mar 17 at 1:26 pm

    Property Features for 3944 Old Route 22

    General Information

    Standard status
    Active
    Lot size
    15.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Joe Paranee

    Listing agent Joe Paranee License #RB068724

    Listing office Paranee Property Management

    Listing date Sep 3, 2024

    Source Crexi

    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 Paranee Property Management

    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Kutztown
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.7775
    Latitude
    40.5336

    Nearby Similar for Sale

    • $860,000
      3,160 SF

      Prime Commercial Property on Route 222

      High-visibility commercial property in a rapidly growing corridor.
      15524 Kutztown Road, Maxatawny Twp, PA 19530
      View Details
    • $500,000
      5,250 SF

      Versatile Commercial Building on Main Street

      Three-story building with flexible layout, ideal for various uses.
      15250 KUTZTOWN ROAD, KUTZTOWN, PA 19530
      View Details
    • $575,000
      5,222 SF

      Converted Hotel Rental Property

      Two-unit rental property with additional income potential.
      10425 Old 22 Road, Weisenberg Twp, PA 19530
      View Details
    • $2,000
      10,000 SF

      Maxatawny Twp Office For Sale

      Office space available in Maxatawny Twp, Pennsylvania.
      104 Tomahawk Drive, Maxatawny Twp, PA 19530
      View Details
    • $475,000
      5,250 SF

      Versatile Office Building Near Kutztown

      Three-story building with flexible layout, ideal for professional services.
      15250 Kutztown Road, Maxatawny Twp, PA 19530
      View Details
    • $900,000
      13,186 SF

      Kutztown Multifamily and Commercial Investment

      Two buildings with residential and commercial units near Kutztown University.
      164 -168 W Main Street, Kutztown Boro, PA 19530
      View Details
    • Contact for pricing
      2,275 SF

      Retail Space Near Kutztown University

      Retail space available in Weis Market anchored shopping center.
      15260 E Main St, Kutztown, PA 19530
      View Details
    • Contact for pricing
      1 SF

      Land Development Opportunity Available

      Land available for sale or lease near high-traffic retailer.
      15474 Kutztown Rd, Kutztown, PA 19530
      View Details
    • Contact for pricing
      1 SF

      Prime Pad Site Opportunity

      Highly visible pad site for ground lease or build-to-suit.
      Kutztown Road & Ivy League Drive, Kutztown, PA 19530
      View Details
    • Contact for pricing

      Kutztown Industrial Land For Sale

      Industrial land with utilities available and highway access.
      2384 N Kistler Ct, Kutztown, PA
      View Details
    • $895,000

      Prime Land with Extensive Frontage

      7.18 acres with frontage on Rt. 222 and Church Rd.
      Grim Road, Maxatawny Twp, PA 19530
      View Details
    • $2,200,000
      2,894 SF

      22.2 Acre Commercial Property

      Expansive commercial property with nursery setup on 22.2 acres.
      57 Christman Road, Kutztown, PA 19530
      View Details

    FAQs

    Where is this commercial land located?
    The property is located at 3944 Old Route 22 Kutztown, PA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 15+/- acre commercial tract available along Route 78.; Zoned Village Commercial/Residential.; Two commercial lots bordering Route 78 on both sides of a newly constructed Dollar General.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joe Paranee
    Real Estate License ID: RB068724
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!