Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $2,200,000
    Office buildings

    1011 Park Rd, Wyomissing, PA 19610-9000

    15,744 SF 2.2 ac lot Built 1961
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US73-0094235
    Property summary
    AI-generated overview

    This exceptional 17,725-square-foot office and flex space facility, situated at 1011 N. Park Road in Wyomissing, Pennsylvania, presents a unique opportunity for businesses seeking a prominent location. Built in 1961 and extensively renovated in 2048, this single-story building boasts high-end interior finishes and updated infrastructure, offering a potential "plug-and-play" solution for a company seeking new headquarters. The property sits on a 2.2-acre lot and features 5,590 square feet of currently vacant space, ideal for immediate occupancy. The building includes 65 total parking spaces, catering to employee and client needs. Its strategic location within the commercial core of Berks County provides superb access to major roadways, ensuring convenient commutes and efficient logistics. The C-2 Retail Commercial zoning allows for a variety of uses, making this property highly versatile. The property's APN is 96-4397-16-94-0876. This is a single-tenant building, offering a unique opportunity for a company to establish a strong presence in a thriving Berks County market. Both lease and sale opportunities are available. This trophy asset offers a blend of modern amenities and a prime location, making it an attractive investment or lease opportunity.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1961
    Total area 15,744 SF
    Lot 2.2 ac (95,832 SF)
    APN 4397-16-94-0876
    UPID US73-0094235
    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
    AI Approach AI
    $2.29M
    CAP Approach CAP
    $2.17M
    Comparable Approach Comparable
    $2.62M
    Blend (final) Blend
    $2.20M
    Owner & transaction history
    Jmrp I LP · 5 yrs held
    Jmrp I LP
    since 2021
    Last sale
    $2.2M
    6 recorded transactions
    2021
    $2.2M
    2016
    2016
    2006
    $856,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1011 Park Rd?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    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