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Property profile & analytics
OFF-MARKET Estimated value $1,180,000
Outlet malls

1947 Bernville Rd Reading, PA 19601-1113

24,301 SF 2.31 ac lot Built 1960
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-2649757
Property summary
AI-generated overview

This exceptional 25,686-square-foot freestanding building in Reading, Pennsylvania, presents a unique opportunity for a variety of industrial uses. Located in Berks County, at 1947 Bernville Road, zip code 19601, this single-tenant property offers significant advantages for businesses seeking a strategic location. Its convenient access to major highway systems ensures efficient transportation and distribution, making it perfect for last-mile delivery services. The property's proximity to Reading's densely populated areas provides easy access to a large customer base. The expansive parking area adds significant versatility, suitable for accommodating large numbers of vehicles, potentially making it attractive for events or even religious services. The building's classification as retail, industrial, with subtypes including manufacturing, flex space, and warehouse, provides flexibility for a range of business operations. The property is situated at latitude 40.3649604 and longitude -75.95525061. This prime location offers a compelling combination of accessibility, visibility, and ample space, making it an attractive investment opportunity. The total building square footage is 25,686 square feet.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1960
Total area 24,301 SF
Lot 2.31 ac (100,624 SF)
APN 5308-17-00-1976
UPID US73-2649757
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
Current use
Occupant on record · Public records
  • Evans Food Distributors Discount Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.18M
Owner & transaction history
Pro Grade Properties 1947 LLC · 1 yrs held
Pro Grade Properties 1947 LLC
since 2025
Last sale
$1.2M
2 recorded transactions
2025
$1.2M
2023
$1.0M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.6M +37.2%
Industrial (general) $1.2M +5.9%
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