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    60 Commerce Dr Wyomissing, PA 19610-3321
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    Property profile & analytics

    60 Commerce Dr, Wyomissing, PA 19610-3321

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    • Office buildings
    • 10,696 SF
    • 1.27 lot acres
    Off-Market
    Last Sale May 10, 2023
    $1,925,000
    Property ID
    US73-0898078
    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.

    Value Estimations
    $1,935,000
    Show details
    Cap Rate Potential
    4.9%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 60 Commerce Dr

    Year built
    1996
    Lot size
    1.27 lot acres
    Property type
    Office buildings
    APN
    4397-13-03-8983
    APU
    439713038983

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 10, 2023 — Platinum Capital Holdings LLC Michael C Chaknos Deed $1.5M · Customers Bank
    Jul 22, 2009 — Michael C Chaknos Heim,peter K Grant Deed $1.1M · Vist Bank
    Jun 12, 2002 — Peter K Heim Michael C Chaknos Peter K Heim Michael C Chaknos Quit Claim Deed · related —
    — — Michael C Chaknos — Deed Of Trust · related $84k · Vist Bank
    — — Michael C Chaknos — Deed Of Trust · related $75k · Vist Bank
    — — Peter K Heim Michael C Chaknos — Deed Of Trust · related $140k · Leesport Bk
    — — Michael C Chaknos — Deed Of Trust · related $125k · Vist Bank
    — — Michael C Chaknos — Deed Of Trust · related $75k · Vist Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,965,000
      ML approach
      $2,005,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,595,000
      6.5%
      $1,470,000
      7%
      $1,365,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,853,000
      Market price range: $1.38M - $2.62M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,790,000
      Current use
      MEDICAL BUILDING
      $1,770,000
      Change: -1% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9885
    Latitude
    40.3465
    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
    $10,789
    $163,200
    $632,800
    $796,000
    -
    $163,200
    $632,800
    $796,000
    More about this property
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