Financial
Distress signals
Property profile

238 3rd Ave Reading, PA 19611

OFF-MARKET
Bars & Pubs
Property ID
US73-2017553
7,708 SF 0.11 ac lot Built 1920
Last sale Oct 2024 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$312k
Assessed land$39k
Assessed improvement$272k
Effective rate2.14%

Value estimate

· Sep 2026
$1.20M
$1.08M – $1.32M
AI approach$1.20M
Submarket $/SF estimate$829k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$133/SF
Submarket average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$37 – $266
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBERKS

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center8.9
Realty agency8.7
Wine and Liquor Store8.6

Location

238 3rd Ave Reading, PA 19611-1348
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 Lancaster, Reading, PA 19611-1653 $200,000 Feb 2026 7,578 SF
209 Lancaster, Reading, PA 19611-1627 $850,000 Nov 2024 6,594 SF
100 Lancaster, Reading, PA 19611-1626 $3,038,439 Apr 2021 6,656 SF
640 Gregg, Reading, PA 19611-1624 $76,000 Oct 2019 7,398 SF
424 Penn, West Reading, PA 19611-1130 $340,000 Aug 2019 5,144 SF
413 Lancaster, Reading, PA 19611-1631 $4,856,415 Apr 2019 5,525 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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