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Property profile & analytics
OFF-MARKET
Warehouses

415 Gregg Ave Reading, PA 19611-1603

4,860 SF 0.18 ac lot Built 1997
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-2750478
Property summary
AI-generated overview

This exceptional 4,860-square-foot industrial flex building presents a unique investment opportunity in Reading, PA. Situated on a 0.18-acre lot, the property offers versatile space currently configured as a cold storage refrigeration facility. However, its adaptable design makes it ideal for a variety of uses, including manufacturing, warehousing, or general flex space. The building features one convenient loading dock, simplifying logistics and material handling. The asking price is $400,000, representing a compelling value for a property of this size and functionality in a desirable location. The existing cold storage infrastructure could be easily repurposed or removed to suit the needs of a new owner. This presents a chance to acquire a well-located industrial property with significant potential for customization and immediate occupancy. The property's size and layout offer flexibility for businesses seeking efficient operations and strategic expansion. Its location in Reading provides access to key transportation routes and a skilled workforce. This is an excellent opportunity for owner-occupiers or investors seeking a strong return on investment in a thriving market. The property's adaptability and prime location make it an attractive prospect for a wide range of industrial and commercial enterprises. Serious inquiries are encouraged to explore the full potential of this versatile and well-priced industrial building.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1997
Total area 4,860 SF
Lot 0.18 ac (7,841 SF)
APN 5306-49-55-5120
UPID US73-2750478
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pmf Management LLC · 2 yrs held
Pmf Management LLC
since 2023
Last sale
$200,000
7 recorded transactions
2023
$200,000
2023
$136,800
2016
$170,000
2015
$3,200
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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