Financial
Distress signals
Property profile

1185 Morgantown Rd Reading, PA 19607

OFF-MARKET
Other warehouses
Property ID
US73-4225094
1,804 SF 2.44 ac lot Built 1970
Last sale Feb 2026 · $262,500
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a 3,200 square-foot warehouse located in Reading, Pennsylvania, and it is zoned General Industrial. The site includes an on-site billboard, and the property has historically generated income associated with that billboard. The building and site configuration are suited to industrial and contractor-oriented uses that may require truck parking and/or jobsite staging, consistent with the General Industrial zoning designation. A tenant currently occupies the premises, with the space and billboard area operating as part of the overall site setup.

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?
$950
Tax billed · 2024
Assessed value$60k
Assessed land$44k
Assessed improvement$16k
Effective rate1.59%

Value estimate

· Sep 2026
$175k
$158k – $193k

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.1
Restaurant14.6
Auto Parts Store11.9

Location

1185 Morgantown Rd Reading, PA 19607
County assessor Recorded deeds · 2 transfers 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
Reading, Shillington, PA 19607 $280,000 Nov 2023 3,240 SF
130 Sterley, Shillington, PA 19607-1824 $90,000 Dec 2022 9,834 SF
217 Montrose, Reading, PA 19607-1021 $230,000 May 2021 4,080 SF
101 Hope, Reading, PA 19607-9450 $740,000 Jul 2020 4,300 SF
1717 New Holland, Reading, PA 19607-2156 $208,000 May 2020 2,221 SF
Wyomissing, Reading, PA 19607 $77,750 Dec 2018 2,400 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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