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    Property profile & analytics

    1211 Lancaster Ave Reading, PA 19607-1613

    • Auto shops
    • 25,355 SF
    • 2.18 lot acres
    OFF-MARKET
    Value Estimation
    $805,000
    Location Intelligence
    Property ID
    US73-5943428
    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.

    Current Use by Public Records

    • Glass & Son's Collision Repair Inc / Car Repair And Maintenance Service
    • Enterprise Rent-A-Car / Van Rental Agency / Car Rental Agency

    Property Details for 1211 Lancaster Ave

    Year built
    1964
    Lot size
    2.18 lot acres
    Property size
    25,355 SF
    Property type
    Auto shops
    APN
    5306-18-22-7145
    APU
    530618227145

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $810,000

    • CAP approach

      CAP return
      Estimation
      6%
      $935,000
      6.5%
      $1,095,000
      7%
      $930,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $895,000
      Geo Method
      $850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,000,000
      Retail
      $825,000
      Mixed-Use
      $860,000
      Hospitality
      $800,000
      Educational
      $800,000
      Residential Income
      $1,115,000
      Energy
      $850,000
      Income-Based Land
      $1,080,000
      Food Service
      $820,000

    Location Insight

    • Map
    • Local Demand
    City
    Reading
    County
    Berks
    State
    Pennsylvania
    Longitude
    -75.947
    Latitude
    40.3136
    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
    $36,711
    $766,100
    $620,600
    $1,386,700
    -
    $766,100
    $620,600
    $1,386,700

    Comparable in this City

    • Value Estimation by Request
      1,204 SF

      487 Church Rd

      AUTO REPAIR, GARAGE • 1,204 SF
      487 Church Rd, Reading, PA 19607-9618
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    • Value Estimation by Request
      1,320 SF

      1108 Brooke Blvd

      AUTO REPAIR, GARAGE • 1,320 SF
      1108 Brooke Blvd, Reading, PA 19607
      View Details
    • Value Estimation by Request
      1,675 SF

      2316 Lancaster Pike

      AUTO REPAIR, GARAGE • 1,675 SF
      2316 Lancaster Pike, Reading, PA 19607-2372
      View Details
    • Value Estimation by Request
      3,906 SF

      739 Mtn Vw Rd

      AUTO REPAIR, GARAGE • 3,906 SF
      739 Mtn Vw Rd, Shillington, PA 19607-9307
      View Details
    • Value Estimation
      $365,000
      2,460 SF

      925 New Holland Rd

      AUTO REPAIR, GARAGE • 2,460 SF
      925 New Holland Rd, Reading, PA 19607
      View Details
    • Value Estimation
      $410,000
      12,384 SF

      310 Old Fritztown Rd

      AUTO REPAIR, GARAGE • 12,384 SF
      310 Old Fritztown Rd, Reading, PA 19607-1116
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $13 SF/Yr
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      Shillington Mixed-Use Property with Parking

      Mixed-use property with office space, apartments, and parking.
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    • Contact for pricing
      161,424 SF

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      Grocery-anchored retail center, Berks County.
      1895 New Holland Rd, Reading, PA 19607
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    • $1,950 /Mo
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      READING, PA Commercial Space Available

      First-floor commercial space in READING, PA, suitable for various businesses.
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    • Contact for pricing
      3,777 SF

      Versatile Medical/Professional Office Space

      Surgical dental office space for rent with on-site parking.
      517 E Lancaster Ave, Reading, PA 19607
      View Details
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    1211 Lancaster Ave
    Reading, PA 19607-1613
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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