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Property profile & analytics

45 Constitution Blvd Kutztown, PA 19530

  • Retail space
  • 28,280 SF
  • 4.06 lot acres
For Lease
Last Sale
Jan 13, 2022
$5,600,000
Value Estimations
$5,105,000
Cap Rate Potential
5.4%
Retail space
Location Intelligence
Property ID
US73-1561024
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

  • Retail space

Property Details for 45 Constitution Blvd

Year built
1966
Lot size
4.06 lot acres
Property size
28,280 SF
Property type
Retail space
APN
5443-12-87-9425
APU
544312879425

Description

Kutztown Village offers a unique opportunity for retailers seeking a prominent location in a thriving market. This 39,612 square foot retail shopping center is strategically situated off Constitution Boulevard in Kutztown, Pennsylvania, boasting excellent visibility and accessibility. The property enjoys a prime location near the main residential area within the rapidly expanding Kutztown market, benefiting from its proximity to Route 222, a major thoroughfare with a daily traffic count of 21,000 vehicles. Its less-than-one-mile distance from Kutztown University provides a significant advantage, tapping into a substantial student and faculty population. Currently, one retail space of 5,000 square feet is available, presenting a rare chance to establish a presence in a highly sought-after retail corridor with limited vacancies. The property sits on a 4.6-acre lot, offering ample space and potential for expansion or outdoor amenities. This free-standing, multi-tenant strip center provides a strong foundation for business growth within a dynamic and expanding community. The combination of high traffic counts, proximity to a major university, and limited available space makes Kutztown Village an exceptional investment opportunity for discerning retailers. Don't miss this chance to secure a prime retail location in a rapidly growing area.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $5,335,000
    ML approach
    $5,735,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $4,780,000
    6.5%
    $4,410,000
    7%
    $4,095,000
  • Alternative Use

    Use
    Estimation
    MEDICAL BUILDING
    $4,550,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Kutztown
County
Berks
State
Pennsylvania
Longitude
-75.7752
Latitude
40.5174
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
$33,909
$491,600
$1,957,600
$2,449,200
-
$491,600
$1,957,600
$2,449,200
More about this property
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