Property profile

2759 Papermill Rd Wyomissing, PA 19610

OFF-MARKET
Outlet malls
Property ID
US73-5171381
53,200 SF 81.02 ac lot Built 2000
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2000
Total area 53,200 SF
Lot 81.02 ac (3,529,231 SF)
APN 4397-05-28-2482
UPID US73-5171381

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Atm
  • Bank Credit Union
  • Postal Service Courier Service
  • Bank Credit Union

Location

2759 Papermill Rd Wyomissing, PA 19610-3328
Wyomissing metro Census 10903 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.20M
Blend (final) Blend
$4.73M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $7.1M +126.6%
Auto repair, garage $5.0M +60.3%
Commercial (general) $3.5M +12.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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