Financial
Distress signals
Property profile

311 Penn Ave West Reading, PA 19611

OFF-MARKET
Medical Office Space
Property ID
US73-2741686
5,226 SF 0.19 ac lot Built 1975
Last sale Jun 2023 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$7k
Tax billed · 2024
Assessed value$316k
Assessed land$98k
Assessed improvement$218k
Effective rate2.14%

Value estimate

· Sep 2026
$715k
$644k – $787k
AI approach$785k
CAP approach$670k
Sales comparison$658k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$166/SF
Submarket average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$81 – $235

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 agency9.5
Electrical Service9.0
Veterinary Clinic9.0

Location

311 Penn Ave West Reading, PA 19611-1128
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1040 Liggett, Reading, PA 19611-1801 $900,000 Mar 2023 10,449 SF
401 Buttonwood, West Reading, PA 19611-1124 $2,323,728 Dec 2020 12,395 SF
1212 Liggett, Reading, PA 19611-1838 $280,000 May 2020 2,353 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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