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    Property profile & analytics

    2047 Kutztown Rd Reading, PA 19605

    • Office buildings
    • 105,056 SF
    • 9.77 lot acres
    For Sale
    View listing
    $3,900,000
    Value Estimation
    Location Intelligence
    Property ID
    US73-2843092
    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.

    Current Use by Public Records

    • Aligning Design & Architecture / Architect
    • C. H. Briggs / Building Materials Supplier / Warehouse

    Property Details for 2047 Kutztown Rd

    Year built
    1910
    Lot size
    9.77 lot acres
    Property size
    105,056 SF
    Property type
    Office buildings
    APN
    5318-17-01-5771
    APU
    531817015771

    Description

    This exceptional 106,772-square-foot industrial property, situated on nearly 10 acres in Reading, Pennsylvania, presents a compelling opportunity for redevelopment or owner-occupancy. The property features a blend of distribution and flex space, encompassing a substantial 89,364-square-foot industrial area and a 17,408-square-foot office condo. The industrial space boasts a mix of original and renovated sections, with concrete and brick exterior walls, steel and heavy timber wood framing, and 15-foot ceiling heights. Seven dock-high doors, including two exterior docks, provide ample loading capabilities. A drive-in door services the lower level (10,772 SF, not included in total square footage). The property also benefits from proximity to a Norfolk Southern rail spur. The office condo, constructed in 2019, features a one-story masonry exterior, a steel superstructure, and thermopane windows. High-quality finishes include 18-inch carpet tile flooring and LED lighting. The property is zoned M-C and offers convenient access to Route 12/N. 11th Street. Built in 1933 and renovated in 2019, this Class B multi-tenant property is listed at $3,900,000 ($36.53/sq ft). The property's APN is 17-5318-17-01-5771-C01, 17-5318-17-01-5771, 17-5318-17-11-1830.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $760,000

    • CAP approach

      CAP return
      Estimation
      6%
      $830,000
      6.5%
      $710,000
      7%
      $770,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $835,000
      Geo Method
      $875,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $845,000
      Retail
      $630,000
      Mixed-Use
      $780,000
      Hospitality
      $850,000
      Educational
      $770,000
      Residential Income
      $685,000
      Energy
      $630,000
      Income-Based Land
      $695,000
      Food Service
      $780,000

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9176
    Latitude
    40.3667
    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
    $16,096
    $287,200
    $320,800
    $608,000
    -
    $287,200
    $320,800
    $608,000

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    Similar Nearby for Sale

    • $3,900,000
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      Redevelopment or Owner-User Opportunity

      106,772 SF facility on 10 acres with office condo.
      2047 Kutztown Rd, Reading, PA 19605
      View Details
    • Contact for pricing

      Laureldale Office Space for Lease

      Prime Laureldale Office/Medical Space Available
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    • $1,650,000
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      Partially improved industrial land with highway access and NPDES permits.
      Leisczs Bridge Rd, Reading, PA 19605
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    • $1,500,000
      20,000 SF

      Versatile Flex Space For Sale

      20,000 SF flex space suitable for various uses.
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    • $675,000
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    Similar Nearby for Lease

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      63,890 SF

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    • $6 SF/Yr
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    2047 Kutztown Rd
    Reading, PA 19605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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