2700 Paper Ml Rd Spring Ridge, PA 19610
- Retail properties
- 92,658 SF
- 10.32 lot acres
Current Use by Public Records
- Kohl's / Department Store
Property Details for 2700 Paper Ml Rd
- Year built
- 2012
- Lot size
- 10.32 lot acres
- Property size
- 92,658 SF
- Property type
- Retail properties
- APN
- 4397-05-17-6740
- APU
- 439705176740
Description
This exceptional 1-acre property, located at 2700 Paper Mill Rd, Reading, PA 19610, presents a unique investment opportunity. Situated at the intersection of Papermill Road and Meridian Boulevard, this single-tenant medical office building offers excellent visibility and accessibility. The property is currently designated as a Kohl's pad site, ideal for ground lease development. While the building's square footage is currently listed as zero, the substantial 1-acre lot provides ample space for new construction or potential redevelopment tailored to the needs of a medical office tenant. The property's location in Spring Ridge, Reading, PA offers a strong demographic profile and convenient access to major transportation routes. This is a rare chance to acquire a strategically positioned parcel in a thriving area, perfect for a medical practice seeking a prominent location or an investor looking for a high-return ground lease opportunity. The property's zoning and potential uses should be verified independently. The address is officially listed as 2700 Paper Mill Rd, but cross streets are Papermill Road & Meridian Blvd.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wyomissing
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.9855
- Latitude
- 40.3567
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA
