Property profile

3212 Kutztown Rd Laureldale, PA 19605

OFF-MARKET
Office buildings
Property ID
US73-2095867
3,646 SF 0.74 ac lot Built 1987
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,200 square foot medical office space is ideally situated in Laureldale Borough, offering convenient access to major highways. Built in 1987, this single, two-story building comprises a total of 9,305 rentable square feet, with this specific suite currently available. Previously occupied by a physical therapy practice, the space is ready for immediate occupancy and boasts a versatile layout perfect for a variety of medical uses. The suite includes a welcoming waiting area, a well-appointed assistants' station complete with check-in and check-out windows, four private exam rooms or offices, and a spacious open area adaptable for cubicles or exercise equipment. Practical amenities include a full kitchen, a laundry room, a convenient changing room, and three ADA-compliant restrooms. The property's multiple tenancy structure provides a thriving and collaborative environment. This is a rare opportunity to acquire a well-maintained, move-in ready medical office space in a highly accessible location. The space's previous use as a physical therapy practice suggests its suitability for similar medical professions, but its flexible design allows for adaptation to a range of healthcare needs. Don't miss this chance to establish or expand your practice in this prime location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction FRAME
Total area 3,646 SF
Lot 0.74 ac (32,234 SF)
APN 5308-08-98-4361
UPID US73-2095867

Cap rate & NOI

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

Location

3212 Kutztown Rd Laureldale, PA 19605-2661
Laureldale metro Census 12800 READING, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2016
2 recorded transactions
2021
Price N/A
2016
$754,360

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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