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Property profile & analytics
OFF-MARKET
Warehouses

0 Academy Dr & Elverson Rd Morgantown, PA 19543

302,400 SF Built 2024
Property ID
Property summary
AI-generated overview

This exceptional Class A industrial building, completed in 2024, offers 302,400 square feet of versatile space ideal for manufacturing, warehousing, or distribution. Located in Berks County, Pennsylvania, at the intersection of Academy Drive and Elverson Road (cross street: Morgantown Road), this single-tenant building boasts a 40-foot ceiling height, 30 loading docks with 30 dock-high doors, and ample parking (57 trailer spaces and 161 car spaces). Its strategic location provides easy access to Interstates 76 and 176 via the Morgantown Interchange, placing it just 15 miles south of Reading and 30 miles from Philadelphia's western suburbs. The property is part of the Southern Berks Industrial Park, a planned development encompassing 1,200 acres and offering a 10-year LERTA tax advantage. This building represents a rare opportunity to secure a brand-new, state-of-the-art facility in a rapidly growing industrial area. The entire 302,400 square feet is currently vacant and ready for immediate occupancy. The property's address is 19543, New Morgan, PA.

Property profile
Verified
Property type Warehouses
Year built 2024
Total area 302,400 SF
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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