Property profile & analytics
220 N Park Rd Reading, PA 19610
- Office buildings
- 6,318 SF
- 9.16 lot acres
Value Estimations
$11,155,000
Cap Rate Potential
Location Intelligence
Property ID
US73-0576105
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
- SG America / Industrial Manufacturer / Production Facility
- Genuine Fitness / Gym & Fitness Center
- The Loft Med Spa at Lisa's / Spa & Massage Center / Alternative Medicine Practice
- Lisa's Salon & Spa / Hair Salon / Nail Salon
- Berks Elite Training / Gym & Fitness Center
Property Details for 220 N Park Rd
- Year built
- 1930
- Lot size
- 9.16 lot acres
- Property size
- 6,318 SF
- Property type
- Office buildings
- APN
- 4397-20-91-3549
- APU
- 439720913549
Description
This exceptional 55,080-square-foot industrial warehouse, situated in Berks County, presents a significant opportunity. The single-tenant property boasts 12,240 square feet of immediately available space, perfect for expansion or a new tenant. The building features a single story with impressive 17.5-foot ceiling heights, providing ample vertical storage capacity. Three loading docks ensure efficient and streamlined operations. Internal amenities include a convenient pantry, restroom facilities, a designated break area, and two private offices, enhancing employee comfort and productivity. The property is strategically located on N Park Road, intersecting with Penn Ave, offering easy access to major transportation arteries like Routes 422 and 222. This prime location benefits from excellent visibility and proximity to established businesses, including Wawa, McDonald's, Teleflex, UGI, Willoughby's, Drexel University College of Medicine, Holiday Inn Express, and Courtyard by Marriott. The property is zoned I-2, allowing for a variety of industrial uses. This warehouse offers a blend of functionality, convenience, and a desirable location, making it an ideal investment or operational space.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $12,290,000
- ML approach
- $8,825,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9586
- Latitude
- 40.3396
- 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
$41,781
$1,017,400
$2,022,300
$3,039,700
-
$1,017,400
$2,022,300
$3,039,700
