1320 Broadcasting Rd, Wyomissing, PA 19610-3222
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.