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    3 Park Plz Wyomissing, PA 19610

    • Office Properties & Spaces
    • 30,588 SF
    For Lease
    View listing
    $12 SF/Yr
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 3 Park Plz

    Year built
    1970
    Property size
    30,588 SF
    Property type
    Office Properties & Spaces

    Description

    The Berkshire Building, located at 3 Park Plaza in Wyomissing, Pennsylvania (zip code 19610), offers exceptional office space in a prime location. This Class B building, constructed in 1970, boasts a total of 30,588 square feet, with multiple suites available. Currently, 18,631 square feet are vacant, offering flexible options for businesses of various sizes. Individual suites range from a minimum of 1,208 square feet to a maximum contiguous space of 5,916 square feet, accommodating a wide range of tenant needs. The building features a total of six suites and ample parking with 220 spaces available on-site. The property is conveniently situated near N. 6th Street & Douglass Street, providing easy access to nearby amenities and major highways. Utilities are at tenant cost. The building is zoned C-2—Commercial Retail District within Berks County and includes elevators for convenient access to all floors. This multi-tenant property presents a fantastic opportunity for businesses seeking efficient and well-located office space in Wyomissing.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9592
    Latitude
    40.3451

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    3 Park Plz
    Wyomissing, PA 19610
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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
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