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Property profile & analytics

410 Corporate Dr Reading, PA 19605-1148

  • Warehouses
  • 145,240 SF
  • 13.04 lot acres
OFF-MARKET
Last Sale
Mar 03, 2022
$41,425,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-5035182
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • VILLA, Join the Movement / Shoe Store / Clothing Store

Property Details for 410 Corporate Dr

Year built
1989
Lot size
13.04 lot acres
Property size
145,240 SF
Property type
Warehouses
APN
5309-10-35-8928
APU
530910358928

Description

This exceptional 88,000-square-foot warehouse sublease opportunity in Reading, PA, is situated within the Berks Corporate Center, offering unparalleled access to Routes 222 and 61. The property boasts a 7.42-acre lot with ample parking (100 spaces), including a 1.4-acre macadam lot. The single-story, Class B building, constructed in 1989, features a pre-engineered steel structure with a 25-foot ceiling height. Loading is facilitated by nine 8'x8' loading docks (three with pit-style levelers), and three drive-in doors. The warehouse includes substantial existing racking (approximately 900 pallet positions), removable to create an open floor plan. The well-appointed office space (4,400 SF main office and 1,000 SF warehouse office) comprises a private office, conference room, kitchenette, 20 workstations, and a large multi-purpose room. Modern amenities include LVT flooring and new LED lighting throughout. The building's robust infrastructure includes large exhaust fans and louvers. The property is zoned LI (Light Industrial) and has an APN of 66-5309-10-35-8928. This sublease is available until December 2025. The total building size is 145,700 SF.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Reading
County
Berks
State
Pennsylvania
Longitude
-75.9401
Latitude
40.4059
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$86,947
$897,200
$5,293,400
$6,190,600
-
$897,200
$5,293,400
$6,190,600
More about this property
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