Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5371 Penn Ave Sinking Spring, PA 19608
    Back to Search
    Property profile & analytics

    5371 Penn Ave, Sinking Spring, PA 19608

    View on Map
    • Day care centers
    • 20,000 SF
    • 1.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 5371 Penn Ave

    Lot size
    1.00 lot acres
    Property type
    Day care centers
    Property subtype
    Retail properties & Spaces

    Description

    This exceptional commercial property, located at 5371 Penn Ave in Reading, PA (zip code 19608), offers 20,000 square feet of versatile space ideal for medical offices, healthcare facilities, retail businesses, restaurants, or daycare centers. The property consists of two buildings, each three stories high, situated on one acre of land. Currently, 12,800 square feet of space is available, with a minimum divisible unit of 3,000 square feet and a maximum contiguous space of 10,000 square feet. The property is classified as Class C and zoned for commercial use. Its strategic location boasts excellent visibility, accessibility, and ample parking, further enhanced by a prominent pylon sign. The high traffic count of over 25,000 vehicles per day and proximity to a Walmart store provide significant advantages for businesses seeking high visibility and customer traffic. This single-tenancy property presents a unique opportunity for businesses seeking a well-located and adaptable space in a thriving commercial area. The address is officially listed as 5371 Penn Ave, but the property is commonly known as 5371 Allentown Pike, Temple, PA.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sinking Spring
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.8941
    Latitude
    40.408

    Comparable in this City

    • Value Estimation by Request

      4864 Penn Ave

      Restaurants
      4864 Penn Ave, Sinking Spring, PA 19608
      View Details
    • Value Estimation by Request
      2,400 SF

      4614 Penn Ave

      Restaurants
      4614 Penn Ave, Reading, PA 19608
      View Details
    • Value Estimation
      $500,000
      4,144 SF

      4400 Penn Ave

      MEDICAL BUILDING
      4400 Penn Ave, Sinking Spring, PA 19608-8621
      View Details
    • Value Estimation
      $2,965,000
      22,164 SF

      1020 Grings Hl Rd

      MEDICAL BUILDING
      1020 Grings Hl Rd, Reading, PA 19608-8844
      View Details
    • Value Estimation
      $1,345,000
      14,261 SF

      3855 Penn Ave

      MEDICAL BUILDING
      3855 Penn Ave, Reading, PA 19608-1174
      View Details
    • Value Estimation by Request
      3,575 SF

      4830 Penn Ave

      Individual retail properties
      4830 Penn Ave, Wernersville, PA 19608
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Strip Mall and Bank

      Retail strip mall with bank branch for sale.
      4708 Penn Ave, Reading, PA 19608
      View Details
    • Contact for pricing

      Retail Space in Sinking Spring

      Retail property with high visibility and ample parking.
      4810 Penn Ave, Sinking Spring, PA 19608
      View Details
    • Contact for pricing

      Shakespeare Road Corner Lot

      Corner lot with high profile location and zoning flexibility.
      Shakespeare Dr, Reading, PA 19608
      View Details
    • Contact for pricing

      Corner Lot Land For Sale

      High-profile corner lot with varied zoning uses allowed.
      Tennyson Ave, Sinking Spring, PA 19608
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Four parcels of land for sale with high-profile location.
      Lots 1-4 Shillington Rd & Shakespeare Rd, Sinking Spring, PA 19608
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,040 SF

      Retail Space in Sinking Spring

      Retail space available in a modern neighborhood shopping center.
      3564 Penn Ave, Reading, PA 19608
      View Details
    • Contact for pricing
      12,840 SF

      Retail Space with Open Floorplan

      Well-maintained retail space featuring an open floor plan.
      168 Shillington Rd, Reading, PA 19608
      View Details
    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available for rent on a 4-acre lot.
      4889 Penn Ave, Sinking Spring, PA 19608
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space in Shillington Plaza

      Retail space available in shopping center anchored by Lowe’s.
      2631-2677 Shillington Rd, Reading, PA 19608
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5371 Penn Ave
    Sinking Spring, PA 19608
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5371 Penn Ave, Sinking Spring, PA, 19608
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!