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Financial
Distress signals
Property profile

2 Meridian Blvd Reading, PA 19610

FOR LEASE
Office buildings
Property ID
US73-5836221
69,804 SF 6.95 ac lot Built 1990
Last sale Aug 2021 · $9,191,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This Class A office building in Wyomissing, Pennsylvania, offers multiple creative office spaces for lease. Located at 2 Meridian Blvd, 19610, this professionally managed property boasts convenient access to major highways and is directly across from a large retail center providing ample employee amenities. The building is situated in Berks County and offers a variety of suite sizes, ranging from 1,350 square feet to 4,903 square feet. Currently, a 2,400 square foot office space is available…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$67k
Tax billed · 2024
Assessed value$5.00M
Assessed land$587k
Assessed improvement$4.41M
Effective rate1.34%

Value estimate

· Oct 2026
$9.49M
$8.54M – $10.44M
AI approach$10.79M
CAP approach$9.60M
Submarket $/SF estimate$11.63M
NOI build-up
Gross scheduled income$33k
Vacancy & credit loss−$5k
Operating expenses−$7k
NOI · 97,609.09% cap applied$21k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$129 – $245

Cap rate analysis

How does the asset earn?
97,609.09%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.3
Auto Repair Shop10.3
Convenience Store9.3

Location

2 Meridian Blvd Reading, PA 19610
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40 Berkshire Ct, Reading, PA 19610-1224 $861,350 Dec 2025 15,840 SF
2755 Century, Wyomissing, PA 19610-3346 $4,000,000 Jul 2025 20,564 SF
830 Knitting Mls, Wyomissing, PA 19610-3010 $11,832,039 Dec 2024 56,372 SF
835 Knitting Mls, Reading, PA 19610-3078 $39,900,479 Dec 2024 144,696 SF
1040 Park, Wyomissing, PA 19610-1338 $7,000,000 Mar 2024 39,369 SF
1330 Broadcasting, Wyomissing, PA 19610-3220 $12,500,000 Aug 2022 33,308 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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