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Property profile & analytics
OFF-MARKET
Commercial real estate

5730 Morgantown Rd Morgantown, PA 19543

31.4 ac lot
Individually Owned 1-yr Hold
Property ID
US73-0606556
Property summary
AI-generated overview

This exceptional 31.4-acre commercial land parcel in Berks County, Pennsylvania, presents a unique investment opportunity. Located at 5730 Morgantown Road, this property boasts a General Commercial (GC) zoning designation, offering significant development potential. The land is situated less than one mile from a newly approved 5.5 million square foot industrial park on Route 10, the Southern Berks Industrial Park, with the first phase (2.65 million square feet) slated for completion in late 2024. This proximity ensures strong future growth and high demand. Utilities are readily available, with a 12-inch PVC water main running along Route 10 and public sanitary sewer service near Grave Boulevard and Route 10. The property is partially wooded and offers easy access to major transportation arteries, including I-76 and Routes 10 and 23. Its strategic location also places it just 2.5 miles from the Hollywood Casino, close to retail shopping, hotels, and within the Twin Valley School District. The asking price is $5,600,000, translating to approximately $178,401 per acre. This represents a compelling investment in a rapidly developing area with excellent infrastructure and accessibility. Don't miss this chance to acquire a prime piece of commercial real estate in a high-growth region.

Property profile
Verified
Property type Commercial real estate
Lot 31.4 ac (1,367,784 SF)
UPID US73-0606556
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
Current use
Occupant on record · Public records
  • HoverTrowel Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Reading Hospital · 1 yrs held
Reading Hospital
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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