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    Property profile & analytics

    1 Wellington Blvd Wyomissing, PA 19610-1827

    • Turn key restaurants
    • 5,808 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $485,000
    Last Sale
    Nov 16, 2021
    $470,000
    Location Intelligence
    Property ID
    US73-1985349
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1 Wellington Blvd

    Year built
    1975
    Lot size
    0.57 lot acres
    Property size
    5,808 SF
    Property type
    Turn key restaurants
    APN
    4397-17-11-6993
    APU
    439717116993

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $485,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $445,000
      7%
      $480,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $520,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $440,000
      Mixed-Use
      $485,000
      Hospitality
      $410,000
      Educational
      $520,000
      Residential Income
      $480,000
      Energy
      $415,000
      Income-Based Land
      $445,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Wyomissing
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.9855
    Latitude
    40.3409
    CBSA code
    39740
    CBSA name
    READING, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,009
    $142,900
    $221,500
    $364,400
    -
    $142,900
    $221,500
    $364,400

    Comparable in this City

    • Value Estimation
      $1,835,000
      22,714 SF

      901 Hl Ave

      RESTAURANT • 22,714 SF
      901 Hl Ave, Wyomissing, PA 19610-3000
      View Details
    • Value Estimation by Request
      8,738 SF

      1700 Xing Dr

      RESTAURANT • 8,738 SF
      1700 Xing Dr, Wyomissing, PA 19610-1241
      View Details
    • Value Estimation by Request
      7,050 SF

      2803 Papermill Rd

      RESTAURANT • 7,050 SF
      2803 Papermill Rd, Wyomissing, PA 19610-3324
      View Details
    • Value Estimation
      $475,000
      4,550 SF

      960 Woodland Rd

      RESTAURANT • 4,550 SF
      960 Woodland Rd, Wyomissing, PA 19610-1202
      View Details
    • Value Estimation
      $6,710,000
      8,284 SF

      945 Woodland Rd

      RESTAURANT • 8,284 SF
      945 Woodland Rd, Wyomissing, PA 19610-1201
      View Details
    • Value Estimation by Request
      5,456 SF

      1905 Ridgewood Rd

      RESTAURANT • 5,456 SF
      1905 Ridgewood Rd, Reading, PA 19610-1231
      View Details

    Similar Nearby for Sale

    • $550,000
      0.50 Acres

      Profitable Restaurant Business Opportunity

      Established Chinese restaurant for sale in Wyomissing, PA.
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      Wyomissing Restaurant - Turnkey Opportunity

      Established Chinese Restaurant, High Profits
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      View Details
    • Contact for pricing

      Retail Space in Wyomissing

      Retail space available for lease in a central location.
      90 Commerce Dr, Wyomissing, PA 19610
      View Details
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      Retail Property with Long-Term Lease

      Retail property featuring a long-term lease with rental increases.
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    Similar Nearby for Lease

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    • Contact for pricing
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      Retail space available in Reading's premier shopping center.
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    • Contact for pricing
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      Premier Retail Shopping Mall Space

      High-traffic retail space in a dynamic shopping mall environment.
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    • Contact for pricing
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      Retail Space in Growing Suburb

      Retail property with convenient access and great visibility available for rent.
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      View Details
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    1 Wellington Blvd
    Wyomissing, PA 19610-1827
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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