Property profile

975 Berkshire Blvd Wyomissing, PA 19610

FOR LEASE
Office buildings
Property ID
US73-1723657
17,052 SF 1.99 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

The Wyomissing Professional Center, a Class B medical office building located at 975 Berkshire Boulevard in Wyomissing, Pennsylvania (19610), offers exceptional opportunities for medical professionals. This single-story building, constructed in 1995, totals 16,026 square feet and features two suites. Currently, 4,569 square feet of space is available, divisible into units ranging from 1,580 to 2,989 contiguous square feet. The property is zoned I-1 - Office/Research Park, providing flexibility for various medical uses. Ample parking is available, with a ratio of 7 spaces per 1,000 square feet. The building's location along Berkshire Boulevard ensures high visibility and accessibility. The property is situated in Berks County and has an APN of 4397-15-54-5619-C03. This is an excellent opportunity to establish or expand a medical practice in a thriving community. The net operating expenses are $19.00 per square foot.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Total area 17,052 SF
Lot 1.99 ac (86,684 SF)
APN 4397-15-54-5619-C03
UPID US73-1723657

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Financial Advisor
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

975 Berkshire Blvd Wyomissing, PA 19610
Wyomissing metro Census 11101 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$1.56M

Owner & transaction history

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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More about this property
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