384 Evansville Rd Fleetwood, PA 19522
For Sale
Exceptional 15+ acre mixed-use investment opportunity at 384-388 Evansville Rd, Fleetwood, ideally positioned at the corner of Maiden Creek & Evansville Roads with commercial zoning along the first 200' of frontage . The property offers subdivision potential along the commercial corridor and features a fully renovated 4-story, 19-room, 7-bath stone building with elevator access, updated electrical and plumbing systems, fire safety compliance, and a 600K BTU multi-zone heating system. Attached yet fully independent is a 3-story, 5BR/2BA stone residence with 3-car garage and private outdoor space. A newly permitted on-site sewage plant (approx. $350K investment) is already installed, providing meaningful infrastructure value. Suitable for multi-unit residential conversion, professional or medical office use, group housing, or mixed-use repositioning. A rare large-parcel asset offering flexibility, existing improvements, and long-term upside in a prime Berks County location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.