85 CommerceWyomissing, PA 19610

  • Office properties
  • 8,432 SF
Off market
$550,066 Estimated

Property Details for 85 Commerce

Year built
1997
Construction
FRAME
Lot size
0.67 AC
Property size (Sq ft)
8,432 SF
Property type
Office properties
Property subtype
Office buildings
APN
4397-13-04-2063
APU
439713042063

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,301,479
    6.5%
    $1,201,365
    7%
    $1,115,554
  • Comparable approach

    Method
    Valuation
    Relative Method
    $646,562
    Geo Method
    $1,101,725
  • Alternative Use

    Use
    Valuation
    Residential
    $1,489,693
    Hospitality
    $1,364,551
    Educational
    $1,135,290
    Medical
    $1,174,335
    Retail
    $1,766,007
85 Commerce, Wyomissing, Pennsylvania

Location Insight

City
Wyomissing
County
Berks
State
Pennsylvania
Latitude
40.3468
Longitude
-75.9906
CBSA code
39740
CBSA name
READING, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $356,800
  • Assessed land value
    $97,800
  • Assessed value
    $454,600
  • Tax year
    2024
  • Tax bill
    $6,071

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