700 1st St Birdsboro, PA 19508-2128
- Manufacturing properties
- 18,311 SF
- 9.05 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 700 1st St
- Year built
- 1929
- Lot size
- 9.05 lot acres
- Property size
- 18,311 SF
- Property type
- Manufacturing properties
- APN
- 5334-12-85-4243
- APU
- 533412854243
Description
This exceptional 141,985-square-foot industrial building, situated on a generous 9.05-acre lot in Birdsboro, Pennsylvania, presents a unique investment opportunity. Built in 1929 and currently undergoing renovations under new ownership, the property boasts significant upgrades. These improvements include a complete white box interior featuring new LED lighting, enhancing efficiency and aesthetics. The building offers varying clear heights, ranging approximately from 12 to 22 feet, providing flexibility for diverse operational needs. Twelve dock-high doors and four drive-in doors ensure seamless loading and unloading, complemented by ample 3-phase 120/240v 1200 amp power. The roof is a durable flat rubber and metal panel design. A comprehensive wet and dry fire suppression system is in place for safety. Public water and sewer services are readily available. The property is zoned Industrial (Borough of Birdsboro) and benefits from its strategic location near Routes 422, 222, and 100, providing convenient access to major highways including I-76, I-78, and I-476. The estimated 2023 taxes are $95,585.00. The property's Tax ID is 31-5334-12-85-4243. Currently, 111,985 square feet is available for lease. This property offers a blend of historical character and modern functionality, making it an ideal choice for a variety of industrial and executive office uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $9,440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $8,950,000
- 6.5%
- $8,605,000
- 7%
- $8,725,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $8,580,000
- Geo Method
- $8,085,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,420,000
- Retail
- $10,040,000
- Mixed-Use
- $9,705,000
- Hospitality
- $11,145,000
- Educational
- $11,090,000
- Residential Income
- $8,515,000
- Energy
- $10,420,000
- Income-Based Land
- $11,020,000
- Food Service
- $10,310,000
Location Insight
- Map
- Local Demand
- City
- Birdsboro
- County
- Berks
- State
- Pennsylvania
- Longitude
- -75.8199
- Latitude
- 40.2653
- CBSA code
- 39740
- CBSA name
- READING, PA METROPOLITAN STATISTICAL AREA