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    Property profile & analytics
    OFF-MARKET Estimated value $1,215,000
    Office buildings

    1320 Broadcasting Rd, Wyomissing, PA 19610-3222

    1,785 SF 4.67 ac lot Built 2002
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US73-3007385
    Property summary
    AI-generated overview

    This exceptional two-story medical office building, situated on a generous 4.67 acres at 1320 Broadcasting Road, Reading, offers a prime opportunity for medical professionals. The Class B building, constructed in 2002, boasts a total of 20,987 square feet, with flexible space options available. Currently, there are 1,187 square feet of vacant space, divisible into units as small as 243 square feet and up to a contiguous 943 square feet, perfect for a variety of medical practices. The building's location in the Reading submarket of Berks County, conveniently near Paper Mill Road, ensures high visibility and accessibility for patients. The property is zoned COM, providing versatility for potential tenants. The single building features multiple tenancies, creating a vibrant and collaborative environment. This is an excellent opportunity to establish or expand your medical practice in a well-maintained and strategically located building. The property offers a blend of convenience, accessibility, and ample space to accommodate diverse medical needs. With its flexible floor plans and desirable location, this medical office building presents a compelling investment opportunity. The building's size and layout provide a unique opportunity for growth and expansion within the thriving Berks County medical community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 2002
    Total area 1,785 SF
    Lot 4.67 ac (203,425 SF)
    APN 4397-09-16-9081
    UPID US73-3007385
    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
    $1.21M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.22M
    Owner & transaction history
    Cuc Real Estate Corp · 3 yrs held
    Cuc Real Estate Corp
    since 2022
    Last sale
    $1.2M
    4 recorded transactions
    2022
    $87,024
    2003
    $1.2M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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