Financial
Distress signals
Property profile

118 Franklin St Reading, PA 19607

OFF-MARKET
Warehouses
Property ID
US73-4946468
21,181 SF 1.68 ac lot Built 1910
Last sale Mar 2023 · $786,990
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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$333k
Assessed land$127k
Assessed improvement$206k
Effective rate2.14%

Value estimate

· Sep 2026
$825k
$743k – $908k
AI approach$1.09M
Sales comparison$540k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
Submarket average, outlier-cleaned · 131 recorded sales of this use type
Observed band · Q1–Q3$26 – $106

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: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.8
Garden Center8.7
Storage Facility8.7

Location

118 Franklin St Reading, PA 19607
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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1012 Morgantown, Reading, PA 19607 $10,010,000 Jan 2026 14,400 SF
951 Morgantown, Reading, PA 19607-9518 $2,500,000 Oct 2023 48,750 SF
130 Sterley, Shillington, PA 19607-1824 $90,000 Dec 2022 9,834 SF
31 Catherine, Shillington, PA 19607-1894 $1,200,000 Oct 2022 42,312 SF
330 Wyomissing, Shillington, PA 19607-1935 $790,000 Jun 2022 29,592 SF
6525 Shillington, Shillington, PA 19607-1117 $1,250,000 Oct 2018 36,114 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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