You are browsing as a guest. Register to access key data for free.
Property profile

1042 Columbia Ave Reading, PA 19608

OFF-MARKET
Investment properties
Property ID
US73-1208420
4,021 SF 1.3 ac lot Built 1850
Entity Owned 3-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1850
Construction FRAME
Total area 4,021 SF
Lot 1.3 ac (56,628 SF)
APN 4376-16-93-4282
UPID US73-1208420

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Financial Advisor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
$610k
Comparable Approach Comparable
by Request
Blend (final) Blend
$760k

Owner & transaction history

since 2023
Last sale
$725,000
6 recorded transactions
2023
$725,000
2016
Price N/A
2014
$100,000
2013
Price N/A
2012
$52,000
2012
$100,000

Zoning & alternative use

Top alternative use upside
Medical building $665,000 +151.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1042 Columbia Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message