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Property profile & analytics
FOR LEASE
Warehouses

1185 Morgantown Rd Reading, PA 19607

1,804 SF 2.44 ac lot Built 1970
Entity Owned ~ Est. High Equity
Property ID
US73-4225094
Property summary
AI-generated overview

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 profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1970
Total area 1,804 SF
Lot 2.44 ac (106,286 SF)
APN 5305-02-87-8274
UPID US73-4225094
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1185 Morgantown LLC
1185 Morgantown LLC
since 2026
2 recorded transactions
2026
$262,500
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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