Technical
Financial
Distress signals
Property profile

1220 Ctr Ave Reading, PA 19601

OFF-MARKET
Office buildings
Property ID
US73-1565570
8,610 SF 0.35 ac lot Built 1900
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 8,610 SF
Lot 0.35 ac (15,246 SF)
APN 5307-41-57-9043
UPID US73-1565570

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
  • Pharmacy
  • Medical Clinic
  • Physician
  • Physician
  • Pediatrician Medical Clinic

Location

1220 Ctr Ave Reading, PA 19601-1458
Reading metro Census 300 READING, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$575k
Blend (final) Blend
$315k

Owner & transaction history

since 2025
Last sale
$750,000
7 recorded transactions
2025
$750,000
2023
Price N/A
2011
$350,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $810,000 +106.0%
Warehouse, storage $565,000 +43.2%
Industrial (general) $435,000 +10.5%

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
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