Property profile

5 Bristol Ct Wyomissing, PA 19610

OFF-MARKET
Medical Office Space
Property ID
US73-2762229
3,347 SF 0.31 ac lot Built 1975
Individually Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Wyomissing, PA property offers 3,347 square feet of versatile office or medical space, ideally suited for multiple tenants. The building features two suites, with a minimum divisible space of 1,598 square feet and a maximum contiguous space of 3,347 square feet. The layout includes approximately 1,749 square feet on the upper level and 1,598 square feet on the lower level. Amenities include eight or more offices/exam rooms, a spacious waiting area, a receptionist station, a kitchenette, and three restrooms. The property boasts a significant advantage with a large private parking lot featuring 16 spaces and excellent visibility due to its State Hill Road frontage, complete with prominent signage. A special lease rate of $2,000 per month NNN is available for the first year of a minimum five-year lease on the entire building. Alternatively, individual floor space is available at $8 per square foot NNN. The property's address is 5 Bristol Ct, Wyomissing, PA 19610. The property's APN is 96-4397-17-11-8856. This is a rare opportunity to secure a well-located, amenity-rich commercial space in a desirable Pennsylvania location.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1975
Total area 3,347 SF
Lot 0.31 ac (13,504 SF)
APN 4397-17-11-8856
UPID US73-2762229

Cap rate & NOI

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

Location

5 Bristol Ct Wyomissing, PA 19610-1853
Wyomissing metro Census 11000 READING, PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2012
1 recorded transaction
2012
$375,000

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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