Financial
Distress signals
Property profile

401 Lancaster Ave Shillington, PA 19607

FOR SALE
Other investment properties
Property ID
US73-1930576
2,828 SF 0.19 ac lot Built 1947
Last sale May 2024 · $339,900
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Shillington Boro within the Governor Mifflin School District, this corner property features a historic brick facade with classic shutters, columns, and dual balconies. The main house includes an eat-in kitchen with white cabinetry and a light-filled interior, original hardwood floors in the formal dining room and spacious living room, and a brick gas fireplace. French doors open to a bright home office with a separate exterior entrance, a configuration that can support limited

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$2k
Tax billed · 2024
Assessed value$131k
Assessed land$37k
Assessed improvement$94k
Effective rate1.55%

Value estimate

· Sep 2026
$340k
$306k – $374k
AI approach$340k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 4.37% cap applied$19k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$43 – $121
Qualifying comparables14

Cap rate analysis

How does the asset earn?
4.37%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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

401 Lancaster Ave Shillington, PA 19607
County assessor Recorded deeds · 1 transfer 14 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1407 Lancaster, Shillington, PA 19607-1509 $293,000 Dec 2025 3,062 SF
1427 Lancaster, Reading, PA 19607-1539 $225,000 Jan 2023 2,574 SF
203 Lancaster, Shillington, PA 19607-1859 $187,000 Jun 2021 2,579 SF
12 Lancaster, Reading, PA 19607-1856 $191,000 May 2021 2,688 SF
302 Lancaster, Shillington, PA 19607-2416 $190,000 Feb 2021 2,808 SF
221 Lancaster, Shillington, PA 19607-1859 $84,000 Sep 2020 2,583 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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