Property profile

1903 Morgantown Rd Shillington, PA 19607

OFF-MARKET
Medical Office Space
Property ID
US73-1488488
6,158 SF 4.12 ac lot Built 1991
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction FRAME
Total area 6,158 SF
Lot 4.12 ac (179,467 SF)
APN 5305-20-90-2403
UPID US73-1488488

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 Clinic
  • Pediatrician Physician
  • Pediatrician Physician
  • Pediatrician Physician
  • Marriage Or Relationship Counselor

Location

1903 Morgantown Rd Shillington, PA 19607-9620
Shillington metro Census 11603 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$790k
Comparable Approach Comparable
$481k
Blend (final) Blend
$275k

Owner & transaction history

since 2017
2 recorded transactions
2017
$581,670
2017
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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