Financial
Distress signals
Property profile

1720 Mineral Spg Rd Reading, PA 19602

OFF-MARKET
Other investment properties
Property ID
US73-2821772
15,566 SF 0.7 ac lot Built 1900
Last sale Aug 2021 · $400,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property is configured for office and professional use and includes two main office levels. The first and second levels contain 13 offices, two conference rooms, a full kitchen, and two restrooms, one of which includes a shower; additional open areas are available for further workstation or cubicle layout. The lower level includes an additional bathroom, storage, and interior access to an attached garage. An adjacent structure includes a two-bedroom apartment and three overhead…

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?
$5k
Tax billed · 2024
Assessed value$189k
Assessed land$88k
Assessed improvement$101k
Effective rate2.65%

Value estimate

· Sep 2026
$470k
$423k – $517k
AI approach$465k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$21 – $65
Qualifying comparables4

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 agency19.6
Law Firm14.8
Parking Facility11.6

Location

1720 Mineral Spg Rd Reading, PA 19602-2231
County assessor Recorded deeds · 4 transfers 4 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1001 Chestnut, Reading, PA 19602-1900 $160,000 May 2025 7,112 SF
1500 Perkiomen, Reading, PA 19602-2235 $650,000 Mar 2025 8,300 SF
828 Bingaman, Reading, PA 19602-2768 $260,000 Sep 2022 5,000 SF
270 9th, Reading, PA 19602-1940 $664,900 May 2022 8,600 SF
300 7th, Reading, PA 19602-2433 $118,000 May 2022 5,748 SF
1129 Chestnut, Reading, PA 19602-2074 $125,000 Mar 2022 4,812 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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