Three-Bay Auto
For Sale
$275,000
213 S Robeson St, Robesonia, PA 19551
Block construction, a customer waiting area, office, and full bath support a practical automotive service layout.
Property Size1,484 SF
Price / SF$185.31
Days on Market47
Property Features for 213 S Robeson St
General Information
Standard status
Active
Size
1,484 SF
Additional Details
Service Bays
3
Amenities
waiting room
office area with full bath
new roof
Building Details
Year Built
1974
Construction
block
Listing Agency:
RE/MAX Of Reading
(610) 670-2770
Listed By:
Kevin J Snyder · License #5020826
Source:
Jennysoldmine
Added: Jul 14
Changed: Aug 28
Last Checked: Aug 29 at 12:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Of Reading
Investment Insights
Based on property information with market context.
This 1,484-square-foot auto shop is configured with three service bays, a customer waiting area, an office, and a full bathroom. The solid block building has a new roof and was operated as an auto repair business for more than 50 years.
The property is located at 213 S Robeson St in Robesonia, Pennsylvania. Any additional use, including residential use, should be confirmed directly with the Borough.
The property is located at 213 S Robeson St in Robesonia, Pennsylvania. Any additional use, including residential use, should be confirmed directly with the Borough.
Key Highlights
- Three‑bay configuration for automotive service operations
- 1,484 square feet of property size
- Solid block construction
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,047
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$300,940
$300.9K
Cap Rate 7%
$214,957
$215.0K
Cap Rate 9%
$167,189
$167.2K
Market Conditions
NOI Build-Up for 1,484 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.4K $15.12/SF
− Vacancy
−$942 −$0.64/SF
EGI
$21.5K $14.48/SF
− OpEx
−$6.4K −$4.35/SF
NOI
$15.0K $10.14/SF
Area
Berks County, PA
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$300,940
Cap Rate 7%
$214,957
Cap Rate 9%
$167,189
Alternative Uses
Best Use
Retail
$215.0K
$188.1K – $250.8K
NOI $15,047 @ 7.0% cap · market cap 5.47%
Second Best
Industrial
$123.7K
$108.2K – $144.3K
NOI $8,659 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$243.6K
$213.2K – $284.2K
NOI $17,053 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
30k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 44%
Dining 34%
Apparel 22%
Dunkin' Donuts
Dining
8,534 visits/mo
0.3 miles
Dollar General
Shops & Services
6,897 visits/mo
0.3 miles
Sunoco
Shops & Services
6,609 visits/mo
0.4 miles
Goodwill
Apparel
6,539 visits/mo
0.3 miles
Domino's Pizza
Dining
1,810 visits/mo
0.3 miles
Demographics for 19551, PA
5,075
Population
1,882
Households
2.7
Avg Household Size
45
Median Age
25%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
201
Density / Sq Mi
$87,932
Median Household Income
$51,425
Median Earnings
$1,006
Median Rent
$248,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Don Fatzinger Automotive — 213 S Robeson St, Robesonia, PA 19551
- Eiceman & Bennethum Inc — 170 S Freeman St, Robesonia, PA 19551
- JG Automotive, LLC — 330 E Penn Ave, Robesonia, PA 19551
- TNA Fleet Services — 245 Honeysuckle Ln, Robesonia, PA 19551
- CW Mower Service Inc. — 115 E Penn Ave, Robesonia, PA 19551
Frequently Asked Questions
What type of property is this?
Auto shop - Block construction, a customer waiting area, office, and full bath support a practical automotive service layout.
Where is this auto shop located?
The property is located at 213 S Robeson St Robesonia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Three‑bay configuration for automotive service operations; 1,484 square feet of property size; Solid block construction
