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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Outlet malls
2741 Bernville Rd Leesport, PA 19533-8807
Entity Owned
~
Est. High Equity
Property ID
US73-1797647
Property summary
AI-generated overview
The Shoppes at West Ridge, located at 2741 Bernville Rd, Leesport, PA 19533, presents a unique leasing opportunity. This multi-tenant property, built in 2000, offers a total of 40,000 square feet of flexible space, ideal for a variety of retail, industrial, or restaurant uses. The building features a two-story design with a generous 19-foot ceiling height, providing ample room for operations and storage. Currently, 31,400 square feet is available for lease, divisible into units as small as 1,400 square feet, with a maximum contiguous space of 30,000 square feet. The property boasts convenient features including three dock-high doors and one drive-in door, ensuring efficient loading and unloading. Its zoning as a Shopping Center makes it perfectly suited for a range of businesses. This prime location in Leesport, Pennsylvania offers excellent visibility and accessibility, making it an attractive option for businesses seeking a versatile and well-equipped space. Contact us today to learn more about this exceptional leasing opportunity.
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1998
Total area
31,705 SF
APN
4388-02-99-4511-C01
UPID
US73-1797647
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
Bernlee Real Estate LLC
Bernlee Real Estate LLC
since 2026
Last sale
$700,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Leesport submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leesport submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$780,000
ML approach
$1,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $700k (Jan 3 2020)
Last sale anchor
$700k
Jan 3 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$30 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,863
Tax year 2024
Assessed value
$1,151,700
Assessed 2024
Previous assessed
$1,151,700
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$320,000
Assessed improvement
$831,700
Land market value
$320,000
Improvement market value
$831,700
Total market value
$1,151,700
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1998
Heating
NONE
Stories
1
Total area
31,705 SF
APN
4388-02-99-4511-C01
UPID
US73-1797647
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Bernlee Real Estate LLC
Entity
Mailing address
415 MCCOY LN, LEESPORT, PA 19533-9152
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2026
$4,000,000
Bernlee Real Estate LLC
Promax Properties LLC
Deed
$4,300,000 · The Ephrata National Bank
Jan 3, 2020
$700,000
Promax Properties LLC
Empire Building Products INC
Deed
$1,920,000 · First National Bank Of Pennsylvania
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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