Financial
Distress signals
Property profile

50 Innovation Way Reading, PA 19610

OFF-MARKET
Specialty properties
180,000 SF Built 2021
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Property summary

AI-generated overview

This Class A, 6-story, 180,000 square foot medical office building, constructed in 2021, offers exceptional space in Reading, PA's Wyomissing submarket. Located at 50 Innovation Way, near Park Road, the building boasts 60,000 square feet of immediately available space, divisible into minimum 30,000-square-foot units, with a maximum contiguous space of 30,000 square feet. The building features ample parking (85 spaces) and elevators. Its prime location in Berks County provides easy access to

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply28.0
Wholesale Shop26.1
Auto Parts Store25.7

Location

50 Innovation Way Reading, PA 19610
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35 Innovation, Reading, PA 19610-3900 $13,799,645 Dec 2024 64,917 SF
2605 Keiser, Wyomissing, PA 19610-3338 $13,700,000 Dec 2022 36,126 SF
2758 Century, Wyomissing, PA 19610-3358 $3,232,000 Jul 2022 12,600 SF
50 Commerce, Wyomissing, PA 19610-3335 $3,245,000 Jan 2022 12,876 SF
2610 Keiser, Reading, PA 19610-3333 $3,853,571 Dec 2020 9,914 SF
2603 Keiser, Wyomissing, PA 19610-3341 $31,089,841 Jun 2020 45,628 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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