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    1185 Morgantown Rd Reading, PA 19607

    Sponsored
    For Sale
    $695,900

    3,100 SF Warehouse, Owner/User

    Property size:
    3,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, encompassing two adjoining parcels at 1185 & 1256 Morgantown Road in Reading, Pennsylvania, presents a compelling investment opportunity. The combined 3,100 square foot warehouse, built in 1970, sits on a 4-acre lot and features a 14-foot ceiling height. The property is ideally suited for owner-users seeking a versatile space. Its single-story design and General Industrial zoning offer flexibility for various uses, including contractor operations, storage, or light manufacturing. The strategic location along PA Route 10 in Cumru Township, Berks County, provides convenient access to major highways such as PA Routes 176 and 422, facilitating efficient transportation throughout Berks County and beyond. Additional benefits include ample space for truck parking and even an existing billboard. The property's parcel numbers are 5305-02-87-8274 and 5305-02-97-1373. The asking price is $695,900, translating to $224.48 per square foot. This represents a rare opportunity to acquire a well-located, functional industrial property in a business-friendly environment.

    Property Features for 1185 Morgantown Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    3,100 SF
    Lot Size
    174,240 SF

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    1

    HighLights

    • 3,100 SF warehouse on a 4‑acre lot in Reading, PA.
    • Existing billboard on the property.
    • General Industrial zoning.
    • Suitable for owner‑users, including contractors, storage, or light manufacturing; ample truck parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Auto Parts Store Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.924924051602
    Latitude
    40.299509857141

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    FAQs

    What type of property is this?
    Distribution property - 3,100 SF Warehouse, Owner/User
    Where is this distribution property located?
    The property is located at 1185 Morgantown Rd Reading, PA.
    What is the asking price?
    The asking price for this property is $695,900.
    What are key features of this property?
    This property features: 3,100 SF warehouse on a 4-acre lot in Reading, PA.; Existing billboard on the property.; General Industrial zoning.
    Request Owner's contact information
    1185 Morgantown Rd Reading, PA 19607
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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
    1185 Morgantown Rd Reading, PA 19607
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