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    1991 State Hl Rd Wyomissing, PA 19610-1648
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    Property profile & analytics

    1991 State Hl Rd, Wyomissing, PA 19610-1648

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    • Office buildings
    • 10,604 SF
    • 1.28 lot acres
    Off-Market
    Property ID
    US73-1125841
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,345,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 1991 State Hl Rd

    Year built
    1995
    Lot size
    1.28 lot acres
    Property type
    Office buildings
    APN
    4397-18-41-4423
    APU
    439718414423

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 14, 2018 $2,050,000 1991 State Hill LLC Szeles Real Estate Dev Co LP Grant Deed —
    Oct 6, 2016 — Szeles Real Estate Dev Co LP — Deed · related $2M · Mid Penn Bk
    Jul 18, 2007 — Szeles Real Estate Dev Co — Deed Of Trust · related $20.4M · Prudential Mortgage Capital Co
    Jun 21, 2007 — Szeles Real Estate Dev Co Szeles Real Estate Dev Co Quit Claim Deed · related —
    — — Szeles Real Estate Dev Co LP — Deed Of Trust · related $2M · Mid Penn Bk
    — — Szeles,a R — Deed Of Trust · related $2.9M · Legacy Bk Canon City Br

    Description

    This exceptional Class A medical office space, totaling 2,717 square feet, is ideally situated at 1991 State Hill Road in Wyomissing, Pennsylvania. Built in 1995, the property boasts a prime location with convenient access via Berkshire Blvd. The suite is currently vacant and immediately available for lease. The space features a thoughtfully designed layout including seven versatile rooms suitable for use as offices, exam rooms, or conference rooms. A spacious waiting area ensures patient comfort, while a dedicated reception area with separate check-in and check-out windows streamlines administrative processes. A well-equipped kitchenette adds convenience, and a lab room provides ample space for specialized medical procedures. Two restrooms complete the suite's amenities. The building is zoned C-2 and features one elevator for easy accessibility. The property's Assessed Parcel Number (APN) is 96-4397-18-41-4423. This is a multi-tenant building with a minimum divisible space of 2,717 square feet. This turnkey medical office suite presents a rare opportunity for medical professionals seeking a well-appointed and conveniently located space to establish or expand their practice. The property's modern design and functional layout make it an ideal setting for a variety of medical specialties.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,580,000
      6.5%
      $1,460,000
      7%
      $1,355,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $925,000
      Market price range: $282k - $1.08M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,770,000
      Current use
      MEDICAL BUILDING
      $1,755,000
      Change: -1% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9759
    Latitude
    40.3394
    CBSA code
    39740
    CBSA name
    READING, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,711
    $568,500
    $574,500
    $1,143,000
    -
    $568,500
    $574,500
    $1,143,000
    More about this property
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