Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10 Wingco Ln Reading, PA 19605
    Back to Search
    Property profile & analytics

    10 Wingco Ln, Reading, PA 19605

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Golden Home Healthcare / Home Health Care Service
    • FocusedHealth Chiropractic / Alternative Medicine Practice
    • precision health care / Home Health Care Service

    Property Details for 10 Wingco Ln

    Year built
    1999
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional commercial property at 10 Wingco Lane in Reading, Pennsylvania, offers versatile retail and office space, ideal for a variety of businesses. Situated on a 3-acre lot, the 1999-built building provides multiple tenancy options, with spaces ranging from a minimum of 1,283 square feet to a maximum contiguous space of 6,000 square feet. Two example suites are available: a 1,586 square foot unit featuring open space, two offices, cubicle/storage area, kitchenette, and an ADA-compliant restroom

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9373
    Latitude
    40.4143

    Comparable in this City

    • Value Estimation by Request
      132,851 SF

      3240 5Th Street Hwy

      Lifestyle centers
      3240 5Th Street Hwy, Reading, PA 19605
      View Details
    • Value Estimation by Request
      29,492 SF

      3405-3415 5Th Street Hwy

      Retail properties & Spaces
      3405-3415 5Th Street Hwy, Reading, PA 19605
      View Details
    • Value Estimation
      $5,810,000
      67,226 SF

      2910 5th St Hwy

      DEPARTMENT STORE
      2910 5th St Hwy, Reading, PA 19605-2461
      View Details
    • Value Estimation
      $12,025,000
      85,964 SF

      2800 Ctr Ave

      OFFICE BUILDING
      2800 Ctr Ave, Reading, PA 19605-2459
      View Details
    • Value Estimation by Request
      1,144 SF

      3328 Plz Dr

      OFFICE BUILDING
      3328 Plz Dr, Reading, PA 19605-2418
      View Details
    • Value Estimation by Request
      1,518 SF

      3907 Pottsville Pike

      OFFICE BUILDING
      3907 Pottsville Pike, Reading, PA 19605-1725
      View Details

    Similar Nearby for Sale

    • $675,000
      3,586 SF

      High-Visibility Reading Retail Property

      Dual-income retail & residential investment
      1600 Elizabeth Ave, Reading, PA 19605
      View Details
    • Contact for pricing

      Laureldale Office Space for Lease

      Prime Laureldale Office/Medical Space Available
      3212 Kutztown Rd, Laureldale, PA 19605
      View Details
    • Contact for pricing

      Reading Commercial Property Investment Opportunity

      Two buildings with 80% occupancy in Reading, PA.
      2101 Centre Ave, Reading, PA 19605
      View Details
    • Contact for pricing

      Laureldale Industrial/Commercial Building For Sale

      26,000 SF industrial/commercial building with parking lot.
      3146 Marion St, Reading, PA 19605
      View Details
    • Contact for pricing
      Pending

      Dental Practice Building For Sale

      2,000 SF building in Muhlenberg Township, Reading, PA.
      2729 N 11Th St, Reading, PA 19605
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Accessible Office Space Available

      Affordable office space in Berks County, PA, near Rt. 222.
      4641 Pottsville Pike, Reading, PA 19605
      View Details
    • Contact for pricing

      Affordable Office Space Available

      Office space for rent in Berks County, Pennsylvania.
      4641 Pottsville Pike, Reading, PA 19605
      View Details
    • Contact for pricing

      Laureldale Pad Site Available

      Pad site ideal for fast food, coffee, or bank.
      3500 Kutztown Rd, Laureldale, PA 19605
      View Details
    • Contact for pricing

      Former Burlington Retail Space Available

      Two-story, 100,000 SF retail building in Reading, PA.
      3050 N 5Th Street Hwy, Reading, PA 19605
      View Details
    • Contact for pricing
      11,149 SF

      Retail Space in Reading, PA

      Retail space available in a busy shopping center.
      3215 N 5Th Street Hwy, Reading, PA 19605
      View Details
    • Contact for pricing

      Prime Retail Space in Reading

      Versatile commercial space for lease in a strategic Reading location.
      2101 Centre Ave, Reading, PA 19605
      View Details
    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.
    10 Wingco Ln
    Reading, PA 19605
    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

    Thank You for Inquiry
    10 Wingco Ln, Reading, PA, 19605
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!