Property profile

15050 Kutztown Rd Kutztown, PA 19530

FOR LEASE
Hospitals
Property ID
US73-1646197
1,244 SF 3.01 ac lot Built 1999
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional two-story medical office building, totaling 8,495 square feet, presents a fantastic opportunity in Kutztown, Pennsylvania. Currently, 4,343 square feet of contiguous space is available for lease on the lower level, ideal for a variety of commercial uses. The building features two suites in total, with ample parking conveniently located on the lower level. The property boasts a desirable location near Kutztown University, ensuring high visibility and accessibility. The building is equipped with electric power and elevators for convenient access to both floors. The zoning is commercial, allowing for diverse business applications. The minimum divisible space is 4,343 square feet, making it suitable for larger tenants seeking a substantial footprint. The building's flexible layout and prime location make it an attractive option for businesses seeking a well-maintained and conveniently situated office space. The address is conveniently located near Sharadin, offering easy access to major roadways. This is a rare opportunity to secure a significant space in a thriving Berks County location. The available space offers a blend of functionality and convenience, perfect for a variety of professional uses. Don't miss this chance to establish your business in this highly sought-after area.

Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1999
Total area 1,244 SF
Lot 3.01 ac (131,116 SF)
APN 5443-18-31-8950
UPID US73-1646197

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Medical Clinic
  • Physician
  • Physician Medical Clinic
  • Physician

Location

15050 Kutztown Rd Kutztown, PA 19530
Kutztown metro Census 14102 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.07M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.02M

Owner & transaction history

since 2021
Last sale
$2.0M
5 recorded transactions
2021
$2.0M
2020
Price N/A
2020
$2.0M
2005
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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