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    11 Fairlane Rd Reading, PA 19606-9567

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    11 Fairlane Rd Reading, PA 19606-9567


    • Medical Office Space
    • 23,682 SF
    • 1.90 lot acres
    Off-Market
    Property ID
    US73-1055381
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,065,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • SIR Physical Therapy, Exeter Location / Physician
    • John P. Stelmach, MD / Physician
    • Paul J. Marr, MD / Physician
    • Commonwealth Orthopaedic Associates / Medical Clinic
    • Keystone Orthopaedic Specialists MRI / Medical Clinic

    Property Details for 11 Fairlane Rd

    Year built
    1987
    Construction
    FRAME
    Lot size
    1.90 lot acres
    Property size
    23,682 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    5325-08-99-0050
    APU
    532508990050

    Description

    This exceptional single-tenant medical office building, located at 11 Fairlane Rd in Reading, Pennsylvania, presents a unique investment opportunity. The property boasts a substantial 6,562 square feet of vacant space, ideal for a variety of medical practices. Constructed in 1987, the building sits on a generous 4.08-acre lot, offering ample parking and potential for future expansion. The property's classification as a medical office building signifies its suitability for healthcare-related businesses, providing a ready-made environment for patient care. The single-tenant occupancy offers streamlined management and predictable income streams. The address is conveniently located in Reading, PA, zip code 19606, providing easy access for patients and staff. This property is a rare find, combining a significant amount of vacant space with a desirable location and established infrastructure. The building's size and location make it an attractive option for medical professionals seeking to establish or expand their practice. The ample lot size offers flexibility for future development or expansion of existing facilities. This is an excellent opportunity to acquire a well-situated medical office building in a thriving Pennsylvania community. Serious inquiries are encouraged to explore this promising investment. The property is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,598,000
      Market price range: $891k - $3.24M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $3,155,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.8526
    Latitude
    40.3033
    CBSA code
    39740
    CBSA name
    READING, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,088
    $167,100
    $1,235,100
    $1,402,200
    -
    $167,100
    $1,235,100
    $1,402,200
    More about this property
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