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Property profile & analytics
OFF-MARKET
Office buildings
108 11th St Reading, PA 19601-3707
Entity Owned
2-yr Hold
Property ID
US73-0280763
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Total area
3,815 SF
Lot
0.03 ac (1,307 SF)
APN
5317-77-10-0932
UPID
US73-0280763
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
City Park Playground Family Recreation Center
-
Liberati Capital Group, Inc Construction Company General Contractor
-
Preferred Property Management, LLC Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mg9 LLC · 2 yrs held
Mg9 LLC
since 2023
Last sale
$135,038
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Reading submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Reading submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$1,424
Tax year 2024
Assessed value
$53,800
Assessed 2024
Previous assessed
$53,800
+0.0% YoY
Effective rate
2.65%
On assessed value
Assessed land
$8,800
Assessed improvement
$45,000
Land market value
$8,800
Improvement market value
$45,000
Total market value
$53,800
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Heating
NONE
Stories
3
Units
2
Total area
3,815 SF
Lot
0.03 ac (1,307 SF)
APN
5317-77-10-0932
UPID
US73-0280763
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1910
Heating
NONE
Stories
3
Units
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Mg9 LLC
Entity
Mailing address
58 WHITEOAK DR, SOUTH ORANGE, NJ 07079-1008
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2023
$135,038
Mg9 LLC
M3 4 Realty LLC
Deed
$300,000 · Diamond Cu
Mar 14, 2022
$179,000
M3 4 Realty LLC
North 10th St LLC
Deed
—
Jul 26, 2016
$44,500
North 10th Street LLC
Reading Investments LLC
Deed
$31,150 · American Bank
Aug 24, 2010
$39,100
Reading Investments LLC
Federal Natl Mtg Assn Fnma
Grant Deed
—
Jun 25, 2010
$1,900
Federal Natl Mtg Assoc
Guerrero,hector A
Grant Deed
related
—
Dec 28, 2007
$92,500
Hector A Guerrero
The Bank Of New York Trust Co NA
Deed
$92,500 · Indymac Bank Fsb
Mar 27, 2007
$1,800
Jp Morgan Chase Bank NA
Hemenway,ronald E
Grant Deed
related
—
Jan 27, 2006
$153,000
Ronald E Hemenway
Wegman,gary S
Grant Deed
$122,400 · Metrocities Mortgage LLC
—
—
Hector A Guerrero
—
Deed Of Trust
related
$45,500 · Leesport Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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