Financial
Distress signals
Property profile

400 W Lancaster Ave Shillington, PA 19607

FOR SALE
Office buildings
Property ID
US73-1916028
12,473 SF 0.5 ac lot Built 1970
Last sale Feb 2021 · $2,271,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

400 W Lancaster Avenue is a commercial building containing approximately 12,000 square feet, including approximately 9,000 square feet of commercial space and approximately 3,000 square feet of warehouse or storage space with dock access. The property fronts Route 222 and is located just off a signalized intersection that allows for full turning movements. It is situated about two miles from Reading Hospital and about one mile from Governor Mifflin High School, within a retail-oriented area that includes national retailers such as Wawa, Dunkin', Walgreens, and KFC.

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?
$10k
Tax billed · 2024
Assessed value$657k
Assessed land$207k
Assessed improvement$451k
Effective rate1.55%

Value estimate

· Sep 2026
$2.35M
$2.11M – $2.58M
AI approach$2.38M
CAP approach$1.72M

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

Recently sold

What actually traded nearby?
$100/SF
Submarket average, outlier-cleaned · 193 recorded sales of this use type
Observed band · Q1–Q3$40 – $170
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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.3
Electrical Service11.4
Restaurant11.1

Location

400 W Lancaster Ave Shillington, PA 19607
County assessor Recorded deeds · 2 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
333 Trout, Reading, PA 19607-2423 $900,000 May 2025 8,924 SF
30 Lancaster, Shillington, PA 19607-2632 $485,000 Jun 2024 9,414 SF
150 Love, Reading, PA 19607-9628 $850,000 Jan 2023 13,218 SF
26 Lancaster, Shillington, PA 19607-2649 $559,000 Nov 2022 8,513 SF
300 Kenhorst, Reading, PA 19607-1472 $450,000 Feb 2022 5,840 SF
5 Commerce, Reading, PA 19607-9712 $902,100 Dec 2019 15,773 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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