0 Furnace Rd Wernersville, PA 19565
Exceptional 8.99-acre land parcel in Wernersville, Pennsylvania, ideally suited for an assisted living facility. This prime Berks County location presents a unique investment opportunity, capitalizing on the significant and unmet demand for senior care housing in the area. Detailed plans for an assisted living facility, developed by Greth Homes – a reputable developer with a proven track record in similar projects (Hearthstone at Amity and Hearthstone at Maiden Creek) – are available. The property includes full entitlements, streamlining the development process. A comprehensive demographic study supporting the high demand for this type of facility is also available upon request. The total acreage encompasses 8.99 acres, including an additional 2.13 acres (tax ID 51-4366-09-17-4184), further enhancing the development potential. The asking price for this exceptional property is $1,500,000. The property's location is Furnace Rd, Wernersville, PA 19565, with APN numbers 51-4366-09-26-1827 and 51-4366-09-17-4184. This is a rare opportunity to acquire a fully entitled site ready for immediate development in a market with strong projected growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.