1020 Grings Hl Rd Reading, PA 19608-8844
Property profile & analytics
1020 Grings Hl Rd, Reading, PA 19608-8844
- Medical Office Space
- 22,164 SF
- 3.21 lot acres
Property ID
US73-2982859
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.
Location Intelligence
Current Use by Public Records
- Gateway / Medical Clinic
- Mohnton Gateway / Physician
- Reading Hospital Outpatient Therapy - Gateway / Medical Clinic
- Tower Health Medical Group Family Medicine - Gateway / Pediatrician / Physician
- Kathleen B O'brien / Physician
Property Details for 1020 Grings Hl Rd
- Year built
- 2011
- Lot size
- 3.21 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 4385-15-63-2671
- APU
- 438515632671
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 10, 2012 | $6,800,000 | Close Grings Hill Associates L | Mbc Grings Hills LP | Deed Of Trust | $5.2M · Pnc Bank |
| May 26, 2010 | $194,094 | Township Of Cumru | Commonwealth Of Pa | Quit Claim Deed · related | — |
| — | — | Close Grings Hill Associates | — | Deed Of Trust · related | $5.2M · Pnc Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,075,000
- 6.5%
- $2,840,000
- 7%
- $2,635,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,030,000
Market price range: $834k - $3.03M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,670,000 Current use
- RESTAURANT
- $2,950,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Reading
- County
- Berks
- State
- Pennsylvania
- Longitude
- -76.0064
- Latitude
- 40.291
- 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
$42,908
$628,900
$2,068,000
$2,696,900
-
$628,900
$2,068,000
$2,696,900
