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Property profile & analytics
FOR LEASE
Retail space

850 Golden Dr Blandon, PA 19510

32,953 SF 5.1 ac lot Built 2007
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US73-1407875
Property summary
AI-generated overview

This exceptional medical office opportunity is located within the Maidencreek Towne Center in Blandon, Pennsylvania. The property, situated at 850 Golden Drive, boasts a total of 33,767 square feet across a single, one-story building. Currently, there is one available suite totaling 4,157 square feet, ideal for a variety of medical practices. The center offers a convenient location at the intersection of Park Road and Golden Drive, providing excellent visibility and accessibility. Major transportation routes, including Routes 73, 222, and 422, are easily accessible, ensuring convenient commutes for both staff and patients. The property features ample parking with 150 spaces available for tenants and visitors. The building is classified as Retail and Office, with a specific subtype of Medical Office, and supports multiple tenants. For businesses seeking a customized space, build-to-suit options are available to meet specific operational needs. This property presents a unique opportunity to establish or expand a medical practice in a thriving Berks County location. The property is located in Berks County, Pennsylvania, with a zip code of 19510.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 32,953 SF
Lot 5.1 ac (222,156 SF)
APN 5421-19-50-5257
UPID US73-1407875
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
  • Tory Miksiewicz Clugston Pediatrician Physician
  • LA Kathy Nails & Spa Nail Salon
  • Ann Henry Home Decor Department Store
  • Maidencreek Distributing LLC Big Box & Wholesale Store Distribution Center
  • CoinFlip Bitcoin ATM Commercial Agent Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.16M
Blend (final) Blend
$2.93M
Owner & transaction history
Maidencreek Ventures · 19 yrs held
Maidencreek Ventures
since 2006
7 recorded transactions
2023
Price N/A
2022
Price N/A
2019
Price N/A
2019
Price N/A
2016
Price N/A
2006
Price N/A
2006
$149,093
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.5M +61.5%
Office building $3.2M +47.1%
Restaurant $2.9M +35.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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