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Specialty properties

1572 Wyomissing Rd Mohnton, PA 19540

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Property summary
AI-generated overview

This exceptional 48.69-acre sports complex in Mohnton, Pennsylvania, presents a unique investment opportunity. Located at 1572 Wyomissing Rd, 19540, the property boasts five playing fields across four levels of natural grass, all equipped with irrigation and sprinkler systems utilizing well water. Ample on-site parking is available for players and spectators. Currently leased to a soccer and lacrosse club, this established facility offers immediate income potential. Beyond the playing fields, the property includes a 2,200 square foot barn, offering versatile redevelopment possibilities, and a 1.25-mile walking trail, adding to its recreational appeal. The property is zoned agricultural and enjoys excellent accessibility, being minutes from the PA Turnpike, Route 222, and Route 422. Situated in Berks County, this location offers a blend of rural charm and convenient access to major transportation routes and urban centers. The property's size and existing infrastructure make it an attractive investment for sports organizations, developers, or those seeking a unique recreational property. The asking price for this turnkey operation is $1,500,000.

Property profile
Verified
Property type Specialty properties
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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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